Capacit’e Infrastructure IPO subscribed 4.62 times on day 2; good response from institutional buyers

Capacit’e Infraprojects Rs 400 crore IPO (initial public offer) which opened on Wednesday got subscribed 4.62 times at the end of day 2 of bidding.

Capacit’e Infraprojects Rs 400 crore IPO (initial public offer) which opened on Wednesday got subscribed 4.62 times at the end of day 2 of bidding. The quota reserved for QIB (qualified institutional buyers) was subscribed 5.53 times. The shares reserved for NII (non-institutional investors) category was subscribed 27.9% while the retail investors’ category was subscribed 5.96 times. Tomorrow, 15 September 2017 is the last day to bid for public offer of Capacit’e Infraprojects.

IPO details

The construction company is expected to sell up to 1.14 crore new shares through this IPO. The company has reserved 32,65,306 shares for QIB category; 24,48,980 shares for NII category; and 57,14,286 shares for retail investors. The issue, with a price band of Rs 245-Rs 250 and a face value of Rs 10 per equity share, will close on 15 September 2017. Axis Capital Ltd, IIFL Holdings Ltd, and Vivro Financial Services Pvt Ltd are the book running lead managers while Karvy Computershare Pvt Ltd is the registrar to the issue. The bids can be made for a minimum of 60 equity shares and in multiples of 60 equity shares thereafter. The credit of equity shares to demat accounts will be on or about 22 September 2017 and trading will commence on or about 25 September 2017.

Company profile

Capacit’e Infraprojects’ is a Mumbai based construction company incorporated in August 2012. The company is focused on Residential, Commercial and Institutional buildings in metro cities across India. Capacit’e Infraprojects’ provide end-to-end construction services for residential buildings, multi level car parking, corporate office buildings and buildings for educational, hospitality and healthcare purposes.


Capacit’e Infraprojects’ reported a rise of 45% in the consolidated net profit for the financial year ended 31 March 2017 to Rs 69.31 crore. The company had posted a net profit of Rs 47.68 crore in the last financial year.

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