IPO : ARSS Infrastructure
Price Band : Rs. 410 – Rs. 450 Per Equity Share
Date : Feb 08, 2010 – Feb 11, 2010
A relatively low asking price and a focus on government projects make the offer from ARSS Infrastructure Projects a reasonable bet, but only for investors with a high-risk appetite.
A construction contractor in the Railways and roadways segment, the company plans to raise Rs 103 crore from this issue to fund working-capital and joint ventures.