McNally Bharat Engineering Company Ltd has informed the market that the Company have received an order from Hindalco Industries Ltd (Unit: Mahan Aluminium) for Construction of Civil Foundation and Structural Steel Work of Pipe Rack for 6X 150 MW Captive Power Plant at Bargawan, Singrauli, Madhya Pradesh at price of Rs 27.99 Crores.
Man Infraconstruction Ltd has informed the market that the company has secured following work orders aggregating to approximately Rs 95 crore:
1. Civil and structural works for Residential Towers from Park View Developers at Borivali,Mumbai; and
2. Additional work order for Civil and structural works for Residential Towers from Goldbricks Infrastructure Pvt. Ltd. at Nagpur”
ARSS Infrastructure Projects informed the market that the Company has been awarded with a new work order from the Office of the Executive Engineer, Kalahandi, R&B Division, Bhawanipatna, Kalahandi, Odisha on July 07,2011 for Improvement of Bhwanipatna – Rayagada Road from 0/0 to 26/0 K.M for an amount aggregating Rs. 21.18 crores.
Tantia Constructions Ltd has informed the informed the market that the Company has bagged a project from Eastern Railway, Construction Department, Kolkata ‘for Construction of steel structural shed with foundation, building, path-way, drains, heavy duty flooring, pits, washing apron and other ancillary works inside Liluah Workshop in connection with Modernisation of Workshop (Phase-I)’ for worth Rs. 24,10,59,542.
Ashoka Buildcon Limited informed the market that the company has received Letter from National Highways Authority of India (NHAI) declaring achievement of Financial Closure for the Project viz, to carry on the business of Designing, Building, Financing, Operation and Maintenance of Four to Six Laning of Belgaum-Dharwad Section of NH-4 KM 433.00 to KM 515.00 (Length 79.36 KM) in the State of Karnataka to be executed on BOT (Toll) Project on DBFO pattern under NHDP Phase V, to be executed by one of its subsidiaries viz. Ashoka Belgaum Dharwad Tollway Private Limited at a total Project Cost of Rs. 694 Crores and having a Concession Period of 30 years.
Simplex Infrastructures Limited has informed the market that the company has bagged orders aggregating to Rs. 2128 cr during Q3 of FY11 as compared to Rs. 1219 cr in the same quarter last year registering a robust growth of 75%. The cumulative order intake during April – Dec of FY11 amounts to Rs. 6218 cr as compared to Rs. 3818 cr in the same period last year achieving 63% growth. The Q3 orders have originated 91% from domestic and 9% from foreign territories, 56% from Govt. sector and 44% from private sector. The major contributory verticals are Roads 23%, Power 22% Urban Infra 17%, Railways 12%, Building & housing 10%, Bridges 6%, Industrial 5%, Piling 3% and Marine 2%. In addition to the orders received, Simplex Infra has LI status of Rs. 1164 cr as of Dec’10.
Pratibha Industries Ltd has informed the market that the company has secured contract for construction of 10 Multistoried residential towers at Gurgaon from Pioneer Urban Land and Infrastructure Limited. Total cost of the project is Rs. 144 cr. The Project Involves “Civil, Structural and Finishing work for 10 residential towers with built up area of 18 lakhs sq. ft. The project has to be executed in 30 months.
Supreme Infra informed the market that the company has bagged orders from Army to construct residential accommodation for army at Hisar, Haryana. The project cost is Rs. 77.74 crores & execution time is 27 months.Company is required to construct about 161 units of 6 flats each totalling to 966 flats and 7.5 lakhs sq.ft area for the project. The Company has also financial tie up, through its subsidiary Supreme Manor Wada Bhiwandi infrastructure Pvt. Ltd, for the Project of 4 Laning of Manor Wada Bhiwandi Road in Thane. This project which was awarded by PWD Maharashtra, on BOT to the subsidiary, Cost of project is Rs. 430 crores. the Company has already infused equity to the tune of Rs. 56 Crore as on date in the said subsidiary.
ARSS Infrastructure Projects Ltd has informed BSE that the Company has received a new work order from Office of the Chief Engineer, National Highways, Orissa on August 20, 2010 for Rs. 103.65 Crores.
Day’s High / Low 1,343.25 / 1,304.10
Previous Close / Open 1,302.60 / 1,304.10
Wtd. Avg Price 1,331.24
Circuit Limits 1,563.10 / 1,042.10
Mkt. Cap. Full / Free Float (Cr.) 1,975 / 395
IFCI Tax Exemption Long Term Infrastructure Bonds
Issuer IFCI Limited
Offering 1,00,000 Unsecured, Redeemable, Non-Convertible, Taxable Bonds of Rs. 5,000/- each aggregating to Rs. 50 Crore with a green-shoe option to retain over-subscription for issuance of additional Infrastructure Bonds
Type Private Placement basis
Instrument Unsecured, Redeemable, Non-Convertible, Taxable Bonds having benefits under section 80 CCF of the Income Tax, 1961 for long term Infrastructure Bonds
Rating BWR AA- by BRICKWORK RATINGS INDIA PVT LIMITED
Eligible Investors Resident Indian Individual (Major) and HUF through Karta of the HUF
Face Value Rs. 5,000/- per bond
Issue Price At par (Rs. 5,000/- per bond)
Minimum Subscription 1 Bond and in multiples of 1 Bond thereafter,
Tenure 10 years, with or without buyback option after five years
Options for Subscription
The Bonds are proposed to provide the following options-
• Option I – Non-cumulative and Buyback after 5 years
• Option II – Cumulative and Buyback after 5 years
• Option III – Non-cumulative and no Buyback
• Option IV – Cumulative and no Buyback
Redemption / Maturity
At par at the end of 10th year from the deemed date of allotment. For Cumulative Option, at par with cumulated interest thereon.
• Option I & II- 7.85% p.a.
• Option III & IV – 7.95% p.a.
In case of cumulative bonds, interest shall be compounded annually
Listing Proposed to be listed on BSE
Trustee Axis Trustee Services Limited
Depository National Securities Depository Ltd. and Central Depository Services (India) Ltd.
Registrars Beetal Financial & Computer Services (P) Ltd.
Mode of Payment
Interest payment will be made through ECS/At Par Cheques/Demand Drafts
Issuance Demat form only
Trading Demat mode only
Issue Open Date August 9, 2010
Issue Close Date August 31, 2010
• The issuer would have an option to pre-close the issue by giving 1 day notice to the Arrangers
Deemed Date of Allotment September 15, 2010
Application form can be downloaded here.
Atlanta Ltd has informed the market that the Company as part of the consortium has received order worth 114.48 crore from Rites Ltd, Schedule ‘A’ Enterprises of Govt. of India, The order is for Construction of earthwork, bridges, supply of P-way material, supply of ballast and P-way linking for proposed private railway siding taking off from Chacher railway station to implant yard and including inplant yard in NTPC Mauda Dist. Nagpur (M.S).
India’s industrial production data came out yesterday the data was good was below the December 2009 highest but above the economist prediction of 13 %. Help from the manufacturing output, the Industrial Production increased 17.6 Percent in April 2010.
Growth of 55.6 Percent in Machinery and Equipment
Growth of 51.9 Percent in ‘Metal Products and Parts, except Machinery and Equipment’ and
Growth of 41.4 Percent in ‘Other Manufacturing Industries ‘
Negative growth of 16.6 Percent in Wood and Wood Products; Furniture and Fixtures’
Growth of 2.7 Percent in ‘Beverages, Tobacco and Related Products’.
Growth of 8.8 Percent in Basic goods,
Growth of 72.8 Percent in Capital goods and
Growth of 10.8 Percent in Intermediate goods.
Growth of 14.5 Percent in Consumer goods .
Gayatri Projects Ltd has informed the market that it has bagged order under BOT (Toll) with a total project cost of approx. Rs. 200 crores . They would get equity support of 454.00 Crores. The order is for Design, Construction, Finance, Operation and Maintenance of Four-Laning of Hyderabad Kanmnagar – Ramagundam Road (SH-1) from km.28.200 to 235.058 in the State of Andhra Pradesh under Public Private Partnership (PPP) on Build, Operate and Transfer (BOT) Basis.
ARSS Infrastructure Projects Limited has informed the market that the Company has received a order , where the order is for Road Development and the order was from Madhya Pradesh Road Development Corporation Ltd , The Received the order on May 4th 2010 and the order was worth Rs. 99.90 crores.
IVRCL Infrastructures & Projects Ltd informed the market today that it has bagged 3 orders worth 832.51 Crores
> Koyna Left Bank Power Station (2 x 40 M – Detailed Engineering, Manufacturing, Supply Erection, Testing, Commissioning and Putting into Commercial use of Pump-Turbine, Generator-Motor & Associated Equipments from Office of the Chief Engineer (Elect.), Hydro Projects Water Resources Dept., Mumbai. Execution time is 2 years and the calur of the order is 460.00 Crores.
>Supply and Services Contract for Tower Package- under Transmission System associated with Pallatana GBPP & Bongalgaon TPS in North Eastern Region from POWER GRID CORPORATION OF INDIA LTD., Gurgaon. Execution time is 30 Months and the calur of the order is 250.54 Crores.
>Complete Civil works for Coal Handling Plant Package for Rihand Super Thermal Power Project Stage – III (2 X 500 MW) at NTPC-Rihand” from FLSmidth Private Limited, Kalambakkam, Tamilnadu.Execution time is 36 months , and the value of the order is 121.97 Crores.
JMC Projects (India) Ltd informed the market that it has bagged orders from NHAI , Infact this is the first order from NHAI, This is a NHAI BOOT Project – Rohtak to Bawal (83 kms, The order is to construct a four-lane highway between Rohtak to Bcwal section in Haryana.
The project under the National Highway Development Program – III is expected to be operational in the next 36 months. The project has been won along with SREI infrastructure as a consortium partner. The total project cost will be in the range of Rs 1,000 crores. The project will be executed on a design, build, finance, operate and transfer (toll) basis with a concession period of 27 years, including the construction period.
Nagarjuna Construction Company informed the market today that the company has secured order worth around 971 crores.
>Two orders valued at Rs. 492 crores are secured from the Integrated HQ of MOD (Army), New Delhi for construction of various dwelling units at Visakhapatnam and Cooch Behar .The Execution time for the order is 25 Months.
>One order is secured from Nagarjuna Oil Corporation, Chennai for construction of various civil and structural works at Caddalore valued at Rs. 249 crore.The Execution time for the order is 25 Months.
>Three orders valued at Rs. 230 crore are secured from the Indian Oil Corporation, New Delhi for construction of various buildings at Paradip, Orissa.The Execution time for the order is 25 Months.
Gayatri Projects informed the market that the company has bagged order from NHAI , the order is for laying Six Lane roads in State of Madhya Pradesh , the order is worth rs 602 crore.
Gayathri Projects has agreed to pay a premium of Rs 24.10 crore to the National Highways Authority of India (NHAI) annually and has a right to collect toll on the existing four-lane highway through its special purpose vehicle (SPV)
Larsen & Toubro Limited informed the market that its construction division has bagged orders worth INR1181 crore for construction of power transmission line and substation works.
> It has secured 2 orders from UAE, On order is for INR265 crore and has been received from Dubai Electricity and Water Authority (DEWA) for supply, installation, testing of 132 kV EHV cabling.The execution time of the project is 18 months.
>Abu Dhabi Distribution Company has placed an EPC order of INR100 crore for construction of Power Distribution Network. The execution time of the project is 16 months.
>Third Order is worth INR376 crore and has been secured by the Company’s JV in Muscat from Oman Electricity Transmission Company for executing on EPC basis 200 kmof 200 kV Double Circuit Overhead Transmission Line.
>Another order is National order and the order is worth INR246 crore from Power Grid Corporation and INR74 crore for construction of 36 km long 400 kV Transmission Lines.
>Final order again a national order , which is secured for INR120 from SAIL for expansion of their 4.5 MTPA Roukela Steel Plant.
Pennar Industries informed the market that PEBS (Pennar Engineered Building Systems) subsidiary of the company has order book at Rs 80 crores, PEBS has commissioned its new state of the art plant at Sadashivpet near Hyderabad in January 2010.
PEBS has bagged orders from prestigious Indian companies such as JSW Cements, Dr. Reddy’s Laboratories, Hindustan Constructions, Ultratech Cement, Bombay Rayon, My Home Cements, HBL Power Systems, Core Green Sugars, Radiant Cable, CCCL and Nuziveedu Seeds, Etc. The major sectors being addressed are factories, warehouses, retail stores, multi storied buildings for shawrooms, sportstadiums and aircraft hangers.
Subhash Projects & Marketing Ltd has informed the market that it has bagged 2 order totalling 475.34 crore.
A. From Bangalore Water supply Sewerage Board, Bangalore.
“Bangalore Water Supply and Sewerage Project (II)- Contract W3- Civil and Electromechanical Works for Pumping Stations and Reservoirs at T.K.Halli, Harohalli and Tataguni (Turnkey Contract) under JICA Loan -ID-P165” for a value of Rs. 439.35 Crores in Joint Venture with M/s Kirloskar Brothers Ltd.
B. From Delhi Jal Board, New Delhi:
“Replacement of existing Jal Vihar & Kailash mains from Rajib Gandhi Smriti Van to Jal Vihar & Kailash reservoirs respectively” for a value of Rs 35.99 crores.
PBA Infrastructure informed the market today that it has bagged order from Sadbhav Engineering and the order is for construction related works at Insuli, Omerga and Nandani check posts in Maharashtra , and the order is almost 3 orders for Rs 95 crore from Sadbhav Engineering for construction related works.
On the Financial side ARSS Infrastructure Projects reported a net profit of Rs 51.04 crore on sales of Rs 624.38 crore in the year ended March 2009.which puts its EPS at 34.40 with equity capital at Rs 14.84 crore and Face value per share is Rs 10.The current share price of Rs 757.10, give a PE multiple of 22.01.
Hindustan Construction Company Ltd has informed the market that the company has bagged orders as part of the consortium between HCC-CPPL- JV i.e. Hindustan Construction Co. Ltd (HCC) and Coastal Projects Pvt. Ltd (CPP) , the award has been bagged from North Frontier Railway, Maligaon, Guwahati for for Design and Construction of Single Tunnel No.1 (App. Total Length 3250 RM) at km 15.880 to km 19.500 in between Dholakal and Kalmal in connection with construction of New Railway Line Project – Jinbam – Tupul (Imphal) from North Frontier Railway, Maligaon, Guwahati.
Order value of the contract is 197.06 Crore.Total order value of 60 percent in it which is 118.24 will go to HCC,The project execution time is 24 months.