EIL Engineers India Limited FPO IPO: Review Analysis & Details

Engineers India Limited is a state run government controlled company and it has now come out with the Follow On Public Offering or FPO something similar to an IPO is currently open.
In this article, we will look at the Review, Analysis and Details of the Engineers India Limited FPO and try to do the Review and analysis of Engineers India Limited FPO.

Engineers India Limited IPO: Review Analysis & Details

Some basic details first about the Engineers India Limited FPO, which are available as of now:

- The size of Engineers India Limited FPO is expected to be around 9,771,161,400.00 Rs.

What is the issue size of the Engineers India Limited IPO?
Around 9,771,161,400.00 Rs is the size of the IPO, calculated at the higher price band of the FPO.

How will the capital raised by Engineers India Limited IPO be used?
It is not known.

What is the price band of Engineers India Limited IPO?
The price band is at 270 to 290 Rs. per share - final price to be decided by a 100% book building process

How many shares will be sold in the Engineers India Limited IPO?
The total no. of shares to be sold through this IPO is around 33,693,660.00 shares. Of this, around 712,000 shares are reserved for the company employees.

What is the trading symbol & exchange for the Engineers India Limited IPO
No info about that

What are the IPO dates for Engineers India Limited IPO
The IPO for Engineers India Limited will open on dates 27 July to 30th July 2010

Any ratings given to Engineers India Limited IPO?
No information about that.

What are the analysts recommendations for Engineers India Limited IPO?
The face value of the EIL shares is Rs. 5 per share, as compared to the standard Rs. 10.


Read the Analyst & Market Experts Recommendations on EIL Engineers India Limited FPO IPO: EIL Engineers India Limited FPO IPO: Analyst Recommendations

Engineers India is an engineering consultancy company providing design, engineering, procurement, construction and integrated project management services, principally focused on the oil and gas and petrochemicals industries in India and internationally.

ICICI Securities, HSBC, IDFC Cap and SBI Cap are the Book running lead managers for this IPO. Link INTIME is the registrar to the Engineers India Limited IPO

What are the business results for Engineers India Limited?
No info about that