247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

IRCON International Limited IPO (IRCON International IPO) Details

IRCON International Limited is an Infrastructure based company, located in New Delhi, IRCON International Limited IPO size was 470.49 Cr. and was issued at 475.00 per share. The share of IRCON International Limited were listed at 416.65 per share and are currently trading at 190.01 per share.

Type :
Sub Sector : Infrastructure Projects
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
4212.40 Cr.

PAT :
411.58 Cr.

Pricing Report

Issue Price :
475.00

Listing Price :
416.65

Current Market Price :
190.01

Issue Price vs CMP :
284.99 (60.00%)

listing Price vs CMP :
226.64 (54.40%)

Performance Report (CAGR* wise)

CAGR : -13.5
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About IRCON International

Company Information
IRCON International Limited is an integrated Indian engineering and construction firm, specializing in major infrastructure projects, including railways, highways, bridges, flyovers, tunnels, aircraft maintenance hangars, runways, EHV sub-stations, electrical and mechanical works, commercial and residential properties, development of industrial areas, and other infrastructure activities. They provide EPC services on a fixed-sum turnkey basis as well as on an item-rate basis for various infrastructure projects. The company also executes projects on a build, operate, and transfer mode to meet the requirements of their bids. In 2016, they were ranked number 248 in the list of the top 250 international contractors by Engineering News Record (ENR) of the United States. Headquartered in Saket, New Delhi, they operate with 26 project offices and five regional offices across India,
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Object of Issue
  • Offer for Sale
  • To achieve the benefits of listing the Equity Shares on the Stock Exchanges

IRCON International MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Sep, 2018
IPO Size :
470.49 Cr.
IPO Subscription :
9.77 X     
PE Multiple :
10.85
Merchant Banker :
Idbi Capital Market Services Limited
IPO Registrar:
Kfin Technologies Limited

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Peer Companies Of This Sector

FAQs

IRCON International operates in Infrastructure and Infrastructure Projects. The Issue is listed on MainBoard in Sep, 2018. IRCON International IPO size was 470.49 Cr. with Issue price of 475.00 .

Merchant Banker(s) of IRCON International IPO: Idbi Capital Market Services Limited , Axis Capital Limited , SBI Capital Markets Limited

IRCON International IPO subscription was 9.77 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

IRCON International IPO listed at a listing price of 416.65 against the offer price of 475.00.

The current market price of IRCON International is 190.01.

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