IRB Infrastructure IPO

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Latest Grey Market Premium : 70-75
Price Band 185 - 220

IRB Infrastructure Developers, an infrastructure and construction company in India with extensive experience in the roads and highways sector and currently involved in 12 BOT projects in this sector, proposes to enter the capital markets on January 31, 2008 with a public issue of 5,10,57,666 equity shares of Rs 10 each through 100% book building process.

RB Infrastructure is a very good issue. Price band looks reasonable. One should apply for the issue.