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