Montecarlo
Civil Engineering Construction · India · 1K - 5K Employees
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Overview
Headquarters
Montecarlo House Sindhu Bhavan Rd, Ghuma...Phone Number
+91 7926409333Website
www.mclindia.comRevenue
$758.5 MillionIndustry
About Montecarlo
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Montecarlo News & Media
Construction firm Montecarlo’s IPO plans face legal obstacle
Montecarlo Ltd’s bid to go public has hit a snag after an apparel retailer, which shares its name with the construction firm, lodged a case against the promoters. In a stock exchange filing on Friday, Ludhiana-based Monte Carlo Fashions Ltd said it filed a civil suit at a district court in the Punjab city, following which a judge restrained Montecarlo Ltd from going ahead with its initial public offering (IPO) till July 9. In itsState-run Rail Vikas Nigam gets nod for IPO
State-run Rail Vikas Nigam Ltd (RVNL), a special purpose vehicle created in 2003 for rail project development and mobilising financial resources, has received regulatory nod for an initial public offering (IPO). This year so far, 19 companies have received regulatory nods for IPOs in 2018. RVNL had filed its IPO proposal on 28 March. The government will sell a little more than 208.5 million shares, excluding any shares reserved for employees, resulting in over 10%Ahmedabad-based construction firm Montecarlo files for IPO
Ahmedabad-based civil construction firm Montecarlo Ltd has filed a draft prospectus for an initial public offering (IPO) comprising a fresh issue of equity worth Rs 450 crore and a sale of three million shares by promoter Kanubhai Patel Trust. The IPO size is estimated at Rs 550-600 crore ($82-89 million), said three people in the know. After accounting for fresh issue of shares, the offering may result in a stake dilution of 13-17%, VCCircle estimates
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Frequently Asked Questions Regarding Montecarlo
Montecarlo Limited is a construction and infrastructure company specializing in various sectors including highways, railways, building and factories, mining, energy infrastructure, and water and irrigation. They focus on delivering turnkey projects and have a strong execution and implementation expertise, often collaborating with reputable corporat... Read More