About the Company:
CMM Infra Projects Ltd is engaged in the business of construction and development of infrastructure projects in Buildings and Roads on contract basis for the last ten years.
Company is an Engineering, Procurement and Construction (EPC) Company with experience in end-to-end design and construction of various projects.
They have executed multiple projects with the Government(s) / PSUs / Corporates & various other organizations across different sectors and verticals across the country.
They have undertaken and successfully completed many construction projects in India covering state of Madhya Pradesh, Odisha, Chhattisgarh, Maharashtra, Rajasthan, Bihar, Goa, Haryana and Uttar Pradesh.
Company owns one of the largest fleet of construction equipment, which helps lower their procurement cost.
Company owns plant, machineries and equipment’s required to operate effectively and efficiently worth of Rs. 22.64 crores as on March 31, 2017.
Company’s engineering work normally includes work related to project layout, construction process, control systems and instrumentation, equipment usage planning, civil works, designing cost control measures and scheduling.
Company has entered into projects for diverse range of constructions including Residential, Commercial, Institutional and Civil structures.
Company is basically engaged in EPC Projects / Projects in the following fields:
- Public Housing
- Commercial Complexes
- Corporate Offices
- IT Offices
- Public Parkings
- Government Establishments
- Health Care
- Irrigation Projects
- Educational Institutions
- Roadways /Railways /Highways
- Sport Complexes
- Multi Purpose Halls
Some of the Major projects executed by the Company are as follows:
- East Coast Railway Headquarter Building (Bhubaneswar, Orissa)
- Indian Institute of Information Technology Management (Gwalior, M.P.)
- Zila Parishad Building (Nagpur, Maharashtra).
- Orissa Computer Application Centre (Bhubaneswar, Orissa).
- Mr.Kishan Mundra (Designation: Chairman cum Managing Director)
- Ms. Laxmi Devi Mundra (Designation: PromoterDirector)
- Ms. Samta Mundra (Designation: Promoter Director)
Promoters Average Acquisition Cost:
|Name of the Promoter||No. of Shares held||Average Acquisition Cost (in Rs.)|
|Ms. Laxmi Devi Mundra||7,60,000||1.45|
|Mr. Kishan Mundra||69,36,920||7.68|
|Ms. Samta Mundra||2,40,000||1.25|
Promoters Stake Pre & Post Issue:
|Shareholder Name||Pre Issue Stake (%)||Post Issue Stake|
|Ms. Laxmi Devi Mundra||6.83%||4.85%|
|Mr. Kishan Mundra||62.34%||44.26%|
|Ms. Samta Mundra||2.16%||1.53%|
Objectives of the Issue:
- Funding the working capital requirements of the Company.
- General Corporate Purpose.
- Listing Benefits.
|Particulars||Amount (Rs. in Crores)|
|Working Capital requirements||12.5|
|General Corporate Expenses||4.04|
Positives for the Company:
- Experienced Management Team.
- Established brand and image.
- One of the leading EPC player.
- Strong segment experience.
- In-house equipment base.
Financials of the Company:
|(in Crores)||FY 13||FY 14||FY 15||FY 16||FY 17|
|Issue Opens on||29th September 2017|
|Issue Closes on:.||4th October 2017|
|Issue Size||Rs.18.18 cr|
|Market Cap||Rs.62.69 cr|
|Listing at||NSE SME|
|Equity Shares Offered||45,45,000|
|Equity Shares Prior||1,11,28,260|
|Equity Shares after the issue||1,56,73,260|
IPO Valuation Parameters:
|Earnings Per Share (EPS)||Price To Earnings ratio (PE)||Return on Net Worth (RoNW)||Net Asset Value (NAV)|
Markets Guruji Opinion:
|IPO View||Apply For:||Expected listing Gain:|