Engineers India Limited FPO and Stock Trading Tips

Crowd Overview

Engineers India Ltd is built-in in 1965, is an engineering consultancy company as long as design, engineering, procurement, construction furthermore integrated project generalship services, listening carefully on the oil and gas and petrochemicals industries in India and internationally. They also operate in a varied set of extra sectors including non-ferrous mining including metallurgy and infrastructure.

Engineers India have provided a range about engineering consultancy et alii project accomplishment services on more than forty nine refinery projects, together with eight greenfield refinery projects, seven petrochemical complexes, thirty quinquennium oil and gas processing projects, two hundred moreover five offshore platforms projects, thirty seven pipeline projects, eleven ports and storage and terminals projects, eight fertilizer projects and twenty six mining and metallurgy projects. In the infrastructure space, they encompass provided a range of engineering consultancy services for more than twenty six projects, including pro airports, highways, flyovers, bridges, submarine furthermore sewer management, as well as energy-efficient “intelligent” buildings. They have including 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 and included enterprise management services, mainly all ears on the oil also gas, petrochemicals, fertilizer et cetera Liquefied Natural Gas industry segments in India as well as internationally. It also operates in supplementary sectors simultaneously near non-ferrous mining and metallurgy, power and infrastructure and is too a primary supplier of engineering consultancy services for the GoI’s energy security plan under its incorporated Energy Tactics for premeditated crude storages. Its services in these industries and sectors wrap the heel spectrum of behavior from idea to payment of a project that include preparation of project possibility reports, technology selection, project organization, procedure design, basic plus meticulous engineering, procurement, inspection, project audit, deliver chain management, toll engineering, planning the comparable as well as scheduling, facilitation from legislative and authoritarian approvals for Indian projects, construction management including commissioning. The company also provides whiz services such as heat and mass transfer utensils design, environmental engineering services, specialist materials and upholding services, energy conservation services, plant function and safety services. Engineers India Limited also execute projects on a turnkey basis

Company Promoters

The promoters of the company are The President of India.

Objects of the Issue

The object of 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 cause the Offer and entirety profits shall go to the GoI.

Issue Details

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 Equip Exchange


Discount of Rs 6.00 is available for Retail investors and employees of the Company.

Conclusion of the Issue

For last 3 fiscals, it has posted average Earnings per Share of Rs. 17.33. For nine months ended 31.12.13 it has earned net profit of Rs. 3762.11 crore on a turnover of Rs. 13287.63 crore with an Earnings per Share of Rs. 11.17. Its first Follow on Masses Offer came in July 2010 although it raised Rs. 977 crore by manner about GoI’s stake intensity at a price of RS. 290 per share and was oversubscribed by 13.36 times then. Engineers India Limited 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 per share it traded at Price to Book Value of 2.26