Engineers India Ltd is built-in in 1965, is an engineering consultancy company as long as design, engineering, procurement, construction furthermore integrated intention management services, eavesdrop carefully on the oil and gas and petrochemicals industries in India and internationally. They and operate in a varied set of extra sectors including non-ferrous mining with metallurgy and infrastructure.
Engineers India have provided a range of engineering consultancy besides project accomplishment services on more than forty nine refinery projects, together with eight greenfield refinery projects, seven petrochemical complexes, thirty five anoint and gas processing projects, two hundred and five offshore platforms projects, thirty seven pipeline projects, eleven ports et cetera storage and terminals projects, eight fertilizer projects and twenty six mining and metallurgy projects. In the ground space, they encompass provided a range of engineering consultancy services for again than twenty six projects, including pro airports, highways, flyovers, bridges, water furthermore sewer management, as well when energy-efficient “intelligent” buildings. They have also completed sixteen turnkey projects, together with refinery and petrochemicals projects and offshore platforms.
Engineers India Ltd is an engineering consultancy company providing design, commerce, procurement, construction plus included proposition helm services, mainly all ears on the oil also gas, petrochemicals, fertilizer and Liquefied Natural Gas industry segments in India that well as internationally. It also operates in supplementary sectors together by non-ferrous mining and metallurgy, attribution moreover infrastructure and is too a primary supplier of engineering consultancy services for the GoI’s resolute security plan under its incorporated Energy Platform for premeditated crude storages. Its services in these industries and sectors wrap the unbroken spectrum of behavior from concept to payment of a idea that include preparation of project possibility reports, technology selection, project organization, process design, basic plus meticulous engineering, procurement, inspection, project audit, transport chain management, cost engineering, planning the symmetrical as well as scheduling, facilitation of legislative and authoritarian approvals for Indian projects, construction management with commissioning. The company also provides whiz services such equal heat and agglomerate transfer utensils design, environmental engineering services, specialist materials and upholding services, energy protection services, plant function and safety services. Engineers India Limited also execute projects on a turnkey basis
The promoters of the company are The President about India.
Objects concerning the Issue
The scruple about the present is to take out the disinvestment of 33,693,660 Equity Shares via the advertising Shareholder. The Company spirit not receives any profits beginning the Offer and all profits shall go to the GoI.
Issue Open: 06.02-2014 – 10.02.2014
Issue Type: 100% Book Built Issue FPO
Issue Size: 33,693,660 Equity Shares of Rs. 5
Issue Size: Rs. 488.56 – 505.40 Crore
Face Value: Rs. 5 per Equity Share
Issue Price: Rs. 145 – Rs. 150 Per Equity Share
Market Lot: 100 Shares
Minimum Order Quantity: 100 Shares
Lead Managers: ICICI Securities Ltd., IDFC Capital Ltd. and Kotak Mahindra Capital Co. Ltd
Registrar of the Issue: Karvy Computershare Pvt. Ltd
Listing At: Bombay Stock Exchange, National Stock Exchange
Discount of Rs 6.00 is available for Retail investors and employees of the Company.
Conclusion of the Printing
For last 3 fiscals, it has posted average Earnings per Commission of Rs. 17.33. For nine months ended 31.12.13 it has earned net profit of Rs. 3762.11 crore on a turnover from Rs. 13287.63 crore amidst an Earnings for Share of Rs. 11.17. Its unveiling Pattern on Public Offer came in July 2010 when it raised Rs. 977 crore by manner of GoI’s stake pitch at a price of RS. 290 per share and was oversubscribed by 13.36 times then. Engineers India Scanty closed at Rs 150.30 on BSE, (+ Rs 5.75), or (+3.98 %) on 04.02.14 and has 52-week high of the Rs 223.00 and low of Rs 121.15. Based on the latest Book Value of the company of Rs 66.41 apiece share it traded at Price to Book Value of 2.26