Ramky Infrastructure files for IPO

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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One thought on “Ramky Infrastructure files for IPO

  1. sharegyan

    Dear Visitors,

    This is our great opportunity to post comment on this knowledgeable and useful blog.

    As we all know USA is heading toward Recession. Which is effecting movement of world markets reason being USA is major economy hub.
    Now Our Budget is coming up on 29-Feb-2008 which will act as triggering movement for Indian stock market. We are expecting positive
    Budget which will help the Bse and Nse to further move up. Still major support is 4200 now and on upside check out 6000 level soon.

    Thanks

    Sharegyan

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