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 500th Hamm 311 soil compactor was recently handed over to Dilip Suryavanshi, Chairman and Managing Director, Dilip Buildcon, a major player in the infrastructure industry. The equipment was manufactured at Wirtgen Group´s production facility in Pune.
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.
The roads sector continues to be the most action-packed in the infrastructure space. And, while it has been experiencing its own ´mode´ swings, a new set of contractors have emerged as significant players in the EPC space.
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”).
Dilip Buildcon (DBL) is a prominent EPC contractor, primarily engaged in the construction of roads, dams, canals and residential buildings. During the last five fiscals, it has completed construction of 47 road projects in Madhya Pradesh, Gujarat, Himachal Pradesh, Rajasthan and Maharashtra, with an aggregate length of ~5,612 lane km, thereby achieving a CAGR of 36 per cent of revenue growth on a standalone basis (for the EPC business).