The IPO of ARSS Infrastructure Projects Ltd. closes for subscription today, i.e. on Thursday, February 11, 2010. The IPO has gathered good response till Day 2 with it being subscribed 4.21 times on an overall basis till its second-last day, i.e. till Wednesday, February 10, 2010. The Retail Category has been subscribed 1.71 times till now
ARSS Infrastructure Projects Ltd is engaged in construction of Railway Infrastructure, Roads, Highways, Bridges and Irrigation Projects in India
The objects of the Issue are to raise funds for Investment in Joint Ventures, funding long term working capital requirement, general corporate purposes, and meeting expenses of the issue
