Bajaj Electricals Limited is engaged in engineering and projects; power distribution, illumination and consumer durables businesses.It has a range of domestic and kitchen appliances comprising water heaters, room heaters, coolers, irons, mixers, induction cookers, toasters, kettles, microwave, rice cookers, gas stoves, non-electrical kitchen aids and pressure cookers.It offers ceiling, table, pedestal, wall, fresh air and industrial fans, and lighting solutions, such as light sources, light emitting diode-based lighting products, domestic luminaires, torches and lanterns.

Key Highlights of Company Business

Segments and ProductsThe Company's business segments consist of Lighting; Consumer Durables; Engineering & Projects, The Lighting segment includes lamps, tubes and luminaries.The Consumer Durables segment includes appliances and fans.The Engineering & Projects segment includes transmission line towers, telecommunications towers, highmast, poles and special projects.The Others segment includes diecasting and wind energy.

HG Infra Engineering Ltd IPO Review, GMP, Subscription

HG Infra Engineering Ltd IPO is set to open for subscription on February 26, with a price band of Rs 263-270 per share.

Company details: H.G. Infra Engineering Ltd (HGIEL) is Jaipur, Rajasthan based an infrastructure construction, development and management company. Company focus area is road projects, including highways, bridges and flyovers. Company’s main business operations include providing engineering, procurement and construction (EPC) services on a fixed-sum turnkey basis and undertaking civil construction and related infrastructure projects. HGIEL has completed 13 large projects in the roads and highways sector aggregating to a total contract value of ₹16,748.94 million, which included construction, improving, widening, strengthening of two and four lane highways, construction of high level bridge and construction of earthen embankment, culverts and cart track underpasses.

HG Infra Engineering Limited IPO Details :

Issue Type: Book Built Issue IPO
Issue Size:
› Fresh Issue of [.] Equity Shares of Rs 10 aggregating up to Rs 300.00 Cr
› Offer for Sale of [.] Equity Shares of Rs 10 aggregating up to Rs 0.60 Cr
Face Value: Rs 10 Per Equity Share
Issue Price: Rs 263 – Rs 270 Per Equity Share
Market Lot: 55 Shares
Minimum Order Quantity: 55 Shares
Listing At: BSE, NSE

Company Promoters:

Mr. Harendra Singh
Mr. Vijendra Singh
Mr. Girish Pal Singh

Objects of the HG Infra Engineering Limited IPO Issue:

Purchasing capital equipment – INR 90 crore
Repayment/ prepayment of certain indebtedness – INR 115.5 crore
General corporate purposes

HG Infra Engineering Limited Company Financials:

Valuations

Earnings Per Share (EPS): Rs. 9.87
Price/Earnings (P/E) ratio: Rs. 26.64 – 27.35
Return on Net Worth (RONW): 30.32%
Net Asset Value (NAV): Rs. 32.54 per share

HG Infra Engineering Ltd IPO Grey Market Price Trend as on 19 February 2018 : GMP INR

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