Through the IPO, we intend to raise about Rs.400 crore
Equipment

Through the IPO, we intend to raise about Rs.400 crore

Predominantly an EPC construction company, Capacit'e Infraprojects has filed its DRHP with SEBI. Rahul Katyal, Managing Director, and Rohit Katyal, Executive Director and CFO, Capacit'e Infraprojects, share more on the company's growth plans...

Order book and utilisation plans: Our order book and the new orders that we receive have a significant effect on our future revenue. The company's order book as on January 31, 2017, was approximately Rs 4,049 crore. This includes commercial, residential and institutional buildings.

We work for a number of reputed clients and are associated with some marquee construction projects in India. Having joined hands with new, reputed companies, we also get repeat orders from existing clients.

Amount to be raised through IPO: We have filed the DRHP with SEBI. The contours are probably such that we will raise about Rs 400 crore, with all primary capital and no offer for sale (OFS). The utilisation has been divided into three parts: Rs 250 crore for funding working capital, about Rs 50 crore for funding purchase of capital assets capex (to increase the equipment and machinery bank), and balance for general corporate purposes and issue expenses. At present, we own equipment required throughout the lifetime of a project, that is, formwork, tower cranes, passenger and material hoists, concrete pumps and boom placers.

Current debt/equity ratio: Based on the restated consolidated financial statements, as on December 31, 2016, our debt equity ratio level is 0.59. There is no debt repayment proposed out of the IPO proceeds. The working capital will be utilised over the next two years. We would like to be adequately capitalised for all our requirements as we enter a new phase of growth from the next fiscal.

Credit enhancement: The net cash generated from operating activities for the nine months period ended December 31, 2016, on a restated consolidated basis, was Rs 44 crore.

Current business model and growth strategies: We provide end-to-end construction services for residential, commercial and institutional buildings, and will continue to remain focused on building construction. We intend to capitalise on the recent government initiatives such as 'Housing for All by 2022' by expanding in the mass housing segment and undertaking projects in the public sector. We intend to undertake projects to be executed on design-build basis. That's our strategy. Our revenue from operations for the nine months period ended December 31, 2016, on a consolidated basis, was about Rs 847 crore.

The revenue from operations grew at a CAGR (between March 31, 2014, to March 31, 2016) of 99.56 per cent.

Predominantly an EPC construction company, Capacit'e Infraprojects has filed its DRHP with SEBI. Rahul Katyal, Managing Director, and Rohit Katyal, Executive Director and CFO, Capacit'e Infraprojects, share more on the company's growth plans... Order book and utilisation plans: Our order book and the new orders that we receive have a significant effect on our future revenue. The company's order book as on January 31, 2017, was approximately Rs 4,049 crore. This includes commercial, residential and institutional buildings. We work for a number of reputed clients and are associated with some marquee construction projects in India. Having joined hands with new, reputed companies, we also get repeat orders from existing clients. Amount to be raised through IPO: We have filed the DRHP with SEBI. The contours are probably such that we will raise about Rs 400 crore, with all primary capital and no offer for sale (OFS). The utilisation has been divided into three parts: Rs 250 crore for funding working capital, about Rs 50 crore for funding purchase of capital assets capex (to increase the equipment and machinery bank), and balance for general corporate purposes and issue expenses. At present, we own equipment required throughout the lifetime of a project, that is, formwork, tower cranes, passenger and material hoists, concrete pumps and boom placers. Current debt/equity ratio: Based on the restated consolidated financial statements, as on December 31, 2016, our debt equity ratio level is 0.59. There is no debt repayment proposed out of the IPO proceeds. The working capital will be utilised over the next two years. We would like to be adequately capitalised for all our requirements as we enter a new phase of growth from the next fiscal. Credit enhancement: The net cash generated from operating activities for the nine months period ended December 31, 2016, on a restated consolidated basis, was Rs 44 crore. Current business model and growth strategies: We provide end-to-end construction services for residential, commercial and institutional buildings, and will continue to remain focused on building construction. We intend to capitalise on the recent government initiatives such as 'Housing for All by 2022' by expanding in the mass housing segment and undertaking projects in the public sector. We intend to undertake projects to be executed on design-build basis. That's our strategy. Our revenue from operations for the nine months period ended December 31, 2016, on a consolidated basis, was about Rs 847 crore. The revenue from operations grew at a CAGR (between March 31, 2014, to March 31, 2016) of 99.56 per cent.

Next Story
Resources

Public transport central to Delhi’s growth: Tokhan Sahu

Public transport must become the primary mode of urban mobility in Delhi, Union Minister of State for Housing and Urban Affairs Tokhan Sahu said at the Delhi Developers Meet 3.0, hosted by the NAREDCO Delhi Chapter, as per news reports.Addressing the seminar on sustainable redevelopment and transit-oriented development (TOD), Sahu underscored the need for multimodal transport, improved last-mile connectivity and planning homes closer to workplaces to curb private vehicle dependence and address air quality concerns. He added that development must balance economic growth with environmental prote..

Next Story
Equipment

PALFINGER Reinforces India Focus at EXCON 2025

PALFINGER strengthened its long-term commitment to India at EXCON 2025, marking its largest participation at the exhibition with a 1,000 sq m booth. The global lifting and technology solutions provider showcased advanced lifting equipment, digital solutions and outlined a clear roadmap for expanding its India operations.India has emerged as a priority growth market for PALFINGER, driven by sustained infrastructure development and rising demand for high-performance lifting solutions. Alexander Susanek, COO, PALFINGER, said India is playing an increasingly influential role in the company’s glo..

Next Story
Infrastructure Transport

HAL Airport Reopening Needs BIAL Consent: Centre

The Union government has said that reopening the existing HAL Airport in Bengaluru for civilian operations would require the consent of Bengaluru International Airport Limited (BIAL), in line with the concession agreement governing Kempegowda International Airport (KIA). Informing the Lok Sabha, Minister of State for Civil Aviation Murlidhar Mohol said the concession agreement between the Government of India and Bengaluru International Airport Limited stipulates that no new or existing airport—except for the development of Mysuru and Hassan as domestic airports—can be developed, improved,..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App