Hyderabad-based infrastructure development company Ramky Infrastructure Ltd has filed the draft red herring prospectus with the market regulator SEBI for an IPO to raise about Rs 400 crore. This is one year after Ramky received Rs 125 crore funding from IL&FS Investment Managers and UAE-based Sabre-Abraaj Private Equity Fund I. In January 2007, Sabre-Abraaj put in Rs 75 crore, while IIML invested Rs 50 crore in Ramky Infrastructure.
All Indian infrastructure projects are hot. Ramky infra will ride the heat wave. I am sure this IPO also will be over-subscribed. Get in, if you can.
Another IPO from MCX is also most expected. If you are investing in Indian markets, watch these two IPOs. You will be glad you did.
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