H.G Infra Engineering Ltd IPO
Incorporated in 2003, H.G. Infra Engineering Ltd (HGIEL) is a Jaipur, Rajasthan-based infrastructure construction, development and management company. The company's focus area is road projects, including highways, bridges and flyovers. The main business operations include providing engineering, procurement and construction (EPC) services on a fixed-sum turnkey basis and undertaking civil construction and related infrastructure projects. HGIEL is also engaged in executing water pipeline projects and currently have two water supply projects in Rajasthan.
HGIEL has completed 13 large projects in the roads and highway sector aggregating to a total contract value of ₹16,748.94 million, which includes construction, improving, widening, strengthening of two and four lane highways, construction of high level bridge and construction of earthen embankment, culverts and cart track underpasses. As of now company has 21 ongoing projects in the roads and highway sector.
HGIEL is pre-qualified to bid independently on an annual basis for bids by NHAI and MoRTH. HGIEL's public sector clients include NHAI, PWD, MES and Jaipur Development Authority.