Posts

Showing posts from August, 2016

RBL bank IPO review

RBL bank, earlier name Ratnakar bank was established in 1943 and currently it is one of the fastest growing private banks. It provides customer centric solution for almost all segments of Indian market like large institutions, Small Entrepreneurs, Individuals, etc. RBL boasts of robust management which took charge in 2010. The current MD and CEO of RBL bank is Mr. Vishwavir Ahuja. He previously served as MD and country CEO of Bank of America for the Indian subcontinent. Under his able and creative leadership, RBL has quickly transformed from a traditional bank to new age bank with usage of latest technology. In the last six years RBL has invested heavily in building strong banking platform. RBL has a total business size of over Rs 31000 crore. It has around 201 branches and 365 ATMs across 16 States and Union Territories. Issue Details ·          Issue date: 19 th August 2016 to 23 rd August 2016 ·          Issue price: Rs 224 to Rs 225. ·          Face value

Dilip Buildcon IPO: complete review

Dilip Buildcon is Bhopal; Madhya Pradesh based Private sector Engineering, Procurement and Construction Company with primary focus on road projects in India. Core business of Dilip Buildcon is construction projects across India in road and irrigation sectors with primary focus on Highways, city roads and bridges. Company also owns largest fleet of construction equipments in India and one of the biggest employers in Construction sector with more than 17500 employees.  In last 5 years company has completed construction of 51 road projects in Madhya Pradesh, Gujarat, Himachal Pradesh, Rajasthan and Maharashtra. Now they have presence in 14 states of India. Company Promoters Dilip Suryavanshi, Seema Suryavanshi, Devendra Jain and Suryavanshi Family trust. Issue details ·          Issue date:  August 1, 2016 to August 3,2016 ·          Issue Type: Book built issue IPO ·          Issue price: Rs 214 -  Rs 219 per Equity share ·          Market lot: 65 shares