About the Company:
AB Infrabbuild provides various services such as civil and structural work, new station infrastructure, redevelopment of old stations, new railway lines, gauge conversion, track linking, track formation, building of Rail Over Bridge, Foot Over Bridge etc.
Company is a Grade “AA” Contractor registered with Municipal Corporation of Greater Mumbai and Class 1(A) Contractor with Public Works Department, Maharashtra.
Company is engaged in the development of infrastructure for the last 10 years and have completed construction of Road Over Bridge ( ROB ) at various stations in the Central Railway and the Western Railway, Construction of Foot Over Bridges, Skywalks and elevated booking offices at many railway stations for the Mumbai Railway Vikas Corporation.
Company has also done construction of new platforms for the Western Railway, Construction of new Station Buildings for the Western Railway and have also done repairs to the approach roads for the Western Railway.
Company also undertakes reconstruction of Roads / Widening and construction of Pedestrian cum Vehicular Subways for the Municipal Corporation of Greater Mumbai and the Mumbai Metropolitan Region Development Authority.
Company is an ISO 14001: 2004, ISO 9001:2008 & OHSAS 18001:2007 accredited along with certification from BM Trada for compliance of ISO & OHSAS Certification.
Ready Mix Concrete Business:
Company is also a pioneer in the Ready Mix Concrete Industry having a Ready Mix Concrete Plant with a fleet of 15 Transit Mixers at Kashimira Thane District, Maharashtra.
Company has received the Certificate of Compliance from Ready Mix Concrete Manufacturer’s Associations.
Company’s Major Clients:
- Western Railways.
- Central Railways
- Mumbai Railway Vikas Corporation Ltd
- Municipal Corporation of Greater Mumbai.
- Mumbai Metropolitan Region Development Authority.
Company’s Order Book: (Details of the top 5 Projects are as under)
Management Team:
- Mr. Amit Bholanath Mishra (Designation: Managing Director)
- Mr. Shreeprakash D Singh (Designation: Whole Time Director)
Objectives of the Issue:
- To meet the Working Capital Requirements.
- General Corporate Purposes.
Financials of the Company:
| (in Crores) | FY 14 | FY 15 | FY 16 | FY 17 | FY 18 |
|---|---|---|---|---|---|
| Revenue | 87.28 | 90.85 | 75.16 | 75.16 | 61.08 |
| Net Profit | 0.95 | 0.78 | 0.32 | 0.15 | 3.14 |
Valuation of Peer Group Companies:
| Company Name | Face Value | EPS | PE Ratio | RoNW | NAV |
|---|---|---|---|---|---|
| A B Infrabuild Ltd | 10 | 12.59 | 2.30 | 28.14% | 44.71 |
| Man infra Construction Ltd | 2 | 2.98 | 14.59 | 10.11% | 29.41 |
| J Kumar Infra Project Ltd | 5 | 18.05 | 11.58 | 8.95% | 20.60 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 28th June 2019 |
| Issue Closes on:. | 3rd July 2019 |
| Issue Price | Rs.29 |
| Face Value | Rs.10 |
| Minimum Lot | 4000 |
| Minimum Investment | Rs.1,16,000 |
| Issue Constitutes | 34.95% |
| Issue Size | Rs.12.84 cr |
| Market Cap | Rs.36.74 cr |
| Listing at | NSE SME |
| Equity Shares Offered (Fresh) | 44,28,000 |
| Equity Shares Prior to the Issue | 82,41,447 |
| Equity Shares after the Issue | 1,26,69,447 |
| Check IPO Allotment Status: |
|---|
Bigshare Website (Click on the below Link)http://www.bigshareonline.com/bssipoapplicationstatus.aspx |
| Company Contact Info: |
|---|
| AB Infrabuild Ltd 104, Shubhangan CHS Ltd, Jawahar Nagar, Near Railway Crossing, Goregaon (West), Mumbai – 400 062 Maharashtra, Mumbai Tel No.: +91 22 2871 2113/14 E-Mail ID: cs@abinfrabuild.com Website: www.abinfrabuild.com |
| IPO Registrar Info: |
|---|
| BIGSHARE SERVICES PRIVATE LIMITED 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makhwana Road, Marol, Andheri (E), Mumbai-400 059. Tel No.: +91 22 2847 0652/4043 0200 E-Mail ID: ipo@bigshareonline.com |
| Lead Manager to the Issue: |
|---|
| MARK CORPORATE ADVISORS PRIVATE LIMITED 404/1, The Summit Business Bay, Sant Janabai Road (Service Lane), Off W. E. Highway, Vile Parle (East), Mumbai-400 057. Tel. No.: +91 22 2612 3207/08 E-Mail ID: smeipo@markcorporateadvisors.com |
