Capacite Infraprojects To Make Market Debut On Monday. Check Allotment, Refund Status

Capacit'e Infraprojects, a Mumbai-based construction company, whose initial public offer (IPO) saw a whopping 186-times subscription, will list its shares on the exchanges on Monday (September 25). The stock will be listed on both NSE and BSE. Issue price of Capacit Infraprojects is fixed at Rs 250 per share. However, analysts expect its' shares to list at a premium given the strong subscription of its IPO and the company's growth outlook. Capacit'e Infraprojects has a track record of timely project execution and an order book of Rs 4,600 crore, which gives revenue visibility, say analysts.

With 186 times subscription Capacit'e Infraprojects' IPO becomes the most subscribed IPO of 2017. The portion of Capacit'e Infraprojects' IPO reserved for non-institutional investors was subscribed 651 times while the portion reserved for Institutional investors was subscribed 134 times.

If you have applied for the IPO, you can check your allotment and refund status on its registrar- Karvy Computershare- website. The IPO shares have already been credited to the demat accounts of successful applicants.

Investors can check details of their application like bid quantity, price, number of shares allotted on the Bombay Stock Exchange website also.

Capacit Infraprojects will use the proceeds from the IPO for funding working capital requirements and for purchase of some capital assets.

Incorporated in 2012, Capacit Infraprojects provides construction services for high rise and super rise buildings, gated communities, commercial and official complexes, institutional buildings and multilevel car parks. Its top clients include Kalpataru, Oberoi Realty, Godrej Properties and Prestige Estates Projects.

Capacit'e Infraprojects To Make Market Debut On Monday. Check Allotment, Refund Status