The private sector EPC expert, Dilip Buildcon got a green signal from SEBI for raising funds through an Initial Public Offering (IPO). It is expected that they will raise a no less than Rs 430 crores through this approved IPO. On February 1, 2016, Dilip Buildcon filed its Draft Red Herring Prospectus (DRHP) with SEBI […]
Dilip Suryavanshi and his optimism regarding Rs 97,000 crores’ allocation
The March started on a happy note as the Union Budget 2016 was introduced a day before the starting of the last financial month. The Finance Minister Arun Jaitley also allocated Rs 97,000 crores for the construction of roads and highways across the Nation. Bhopal-based Dilip Buildcon Limited is appreciating the Union Government’s budget allocation […]
National Highway length to be increased to 2 lakh km
With an aim to decongest the country, the government has decided to increase the length of national highways from 96,000 km to 2,00,000 km, Union Minister Nitin Gadkari said. Dilip Suryavanshi, Managing Director of a leading EPC firm of the country Dilip Buildcon is looking forward to the step as it is expected to give a major boost to […]
LPVR a better model of making payments, says Dilip Suryavanshi
While the EPC companies in highway infrastructure sector have had a tepid relief on the financial front with authorities adopting the Hybrid Annuity Model (HAM) to make payments, a long term view brings its loophole to the forefront. HAM, as a model, is well equipped to provide relief to the contractors, albeit only for a […]
Dilip Buildcon expecting Rs 11,000 crore revenue by FY 2018
Infrastructure company Dilip Buildcon has had a very strong order backlog and the company has estimated revenue of Rs 11,000 crore over a span of the following two years. The company is primarily engaged in construction of roads and highways and is expected to close this fiscal with over Rs 4,000 crore in revenue as […]
Dilip Suryavanshi supporting government’s Equitable annuity payment decision
The Government will pay the highway developers on the annual basis throughout the project development duration, to keep them away from the liquidity crisis. Currently, the government is paying the highway developers with increasing annual payments which conclude with higher payment at the end of project completion. The government officials mentioned that these equitable annuity […]
Dilip Suryavanshi hopeful about the boost in road construction in upcoming fiscal
One of the leading Engineering Procurement Construction (EPC) firm Dilip Buildcon is excited about the upcoming boost the next fiscal in road construction by the Government of India. The Government is looking to increase its roads construction target for the next fiscal by 50%. This has made the EPC industry expectant and it is looking […]
Dilip Buildcon goes public by launching its IPO
The month has begun on a positive note for Infrastructure Developers Dilip Buildcon as they have been granted permission by Securities and Exchange Board of India to offer an IPO for their equities. The money raised through this initial public offering will be invested in purchasing engineering equipments, meet general corporate expenditure and other payments […]