Did you know that Dilip Buildcon Ltd (DBL) is currently the largest private-sector, road-focused EPC player in the country, executing projects worth over Rs 6,000 crore? What´s more, DBL is the fastest growing infrastructure development company
With the change of power at the Centre, the roads sector was expected to get back on the move with fast-track approvals, delink of forest and environment clearances, increased limits on sand mining, positive movement on land acquisition, online filing for clearances to construct rail over-bridges (ROB) and under-bridges (RUB), and change in bidding from BOT to EPC
The Modi Government has ensured that the construction and equipment industry remains bustling. Ranging from housing to infrastructure development, there is a gamut of projects - the equipment requirement is set to transcend expectations.
After a long time , we have had a wholesome budget, replete with fresh ideas. Providing jobs to the population is the toughest challenge being faced by the government today. With the focus on manufacturing, and the excessive commitment to infrastructure – there is bound to be a growth in jobs.
Bhopal-based Dilip Buildcon, a private sector road-focused EPC contractor in India will be launching its initial public offering (“IPO” or the “Issue”) which is scheduled to open on August 1, 2016 and close on August 3, 2016, with a price band of Rs 214 – Rs 219 per Equity Share of face value of Rs 10 each of the Company (the “Equity Shares”).
The balance between social good and infrastructural development is a delicate one. A citizen has a constitutional right to be provided basic amenities but the nation has limited resources, further constrained by a poor administrative system of collection of revenues, making it necessary to depend upon private investment. Private investment has to serve the profit motive, which in turn conflicts with the ´right to be served´ of the citizen.