Ramky Infrastructure Limited

Entity type image
Type: Company
Name: Ramky Infrastructure Limited
First reported Apr 25 2013 - Updated Apr 25 2013 - 2 reports

StanChart-Backed Waste Manager Delays $200 Million IPO

Ramky Enviro Engineers Ltd., an Indian waste management company backed by Standard Chartered Plc (STAN)’s private equity unit, delayed a planned $200 million initial public offering because of tepid market conditions.“We have to take into account the ... [Published Bloomberg - Apr 25 2013]
First reported Apr 16 2013 - Updated Apr 17 2013 - 1 reports

It's going to be another tough quarter for infra firms

Infrastructure companies continue to be plagued by concerns of poor liquidity, tough market conditions and delays in implementing projects as they report fourth quarter numbers.There is a good chance that most of the companies will more or less mirror ... [Published Hindu Business Line - Apr 16 2013]

Quotes

"We have to take into account the market sentiment," Chairman Ayodhya Rami Reddy said in an interview. "We are not sure the time is quite right for a mid-cap offering."
...Gopalakrishnan Sanjiv Iyer said that the company's road portfolio comprises three national highway and two state highway projects. Mr. Iyer added, "We are thinking of having holding companies for our road projects and industrial parks, but nothing is finalized." Mr. Iyer also said that dealing the projects turns simpler when they get diverted
IIFL VP (Research) Amar Ambani stated, "Market players preferred to book profit ahead of monthly jobs data in the US. In addition, movement in currency market too was closely watched." The Indian currency lost some ground versus the US currency after hitting a 25-month peak on Oct 07

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All (10) | News (9) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
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StanChart-Backed Waste Manager Delays $200 Mill... [Published Bloomberg - Apr 25 2013]
Indian Waste Manager Ramky Enviro Delays $200 M... [Published BusinessWeek - Apr 25 2013]
It's going to be another tough quarter for infr... [Published Hindu Business Line - Apr 16 2013]
Ramky Infrastructure Pockets Orders Worth Rs 1,... [Published Topnews.in - May 07 2012]
Ramky Infra bags two road projects worth Rs.2,2... [Published Topnews.in - Dec 01 2011]
Buy Ramky Infra With Stop Loss Of Rs 275 [Published Topnews.in - Dec 31 2010]
Sensex Falls 65 Pts To Close At 20,250.26 [Published Topnews.in - Oct 09 2010]
Ramky Infra must reconcile at Rs 500 post listing [Published Topnews.in - Sep 23 2010]
Ramky, Orient Green and Electrosteel announces ... [Published Topnews.in - Sep 21 2010]
Fact Sheet for Ramky Infrastructure Limited [Published Able2Act - May 06 2008]
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