Can Consolidate your Portfolio
Issue Period : 18th September -21st September
Face Value - Rs 10
Price -Rs 460 -Rs 510
Min .Order -12 shares
Grade - Very Good
Recommendation - Subscribe
Perspective - Long Term
Company Info
Consolidated Construction Consortium Limited (CCCL) undertakes turnkey building contracts for corporates and infrastructure/realty players, besides the Government.The IPO proceeds, approximating Rs.190 crore have been primarily earmarked for acquiring construction equipment, investments in subsidiaries, setting up a skill and management development centre and repayment of loans.
Valuations
The objects of the issue are to finance the acquisition of construction infrastructure, investment in subsidiaries, expenditures towards skill and management development centre, repayment of loans and expenditure for general corporate purposes.
CCCL is a good issue. The counter demand is very good. People can apply for the issue with intention of listing gain
Premium on Listing : 90 -110 Rs
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