Initial Public Offer Gammon Infrastructure Projects Ltd (GIPL)

Gammon India Ltd has informed BSE that Gammon Infrastructure Projects Ltd (GIPL), a subsidiary of the Company, has filed the Red Herring Prospectus with the Registrar of Companies, Maharashtra in connection with its 'Initial Public Offer' .

Here is the complete details

1,65,50,000 equity shares
Face value Rs 10/- each,
1,48,95,000 equity shares to the public
16,55,000 equity shares for eligible employees.
The IPO is being made on 100% book building route.
The price band Rs 167/- to Rs 200/-.

The issue will remain open from March 10, 2008 to March 13, 2008.

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