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Converted from partnership firm M/s Hodal Singh Giriraj Singh & Co into the company in January 2003, Rajasthan based H G Infra Engineering Ltd is going to hit primary market in last week of February 2018. This is the sixth mainstream IPO of 2018. The issue details are as under : The number of shares in offer for sale are 11.10% of its existing share capital.  H G Infra Engineering Ltd is an infrastructure construction, development and management company with extensive experience in its focus area of road projects, including highways, bridges and flyovers. Its main business operations include (i)providing engineering, procurement and construction (“EPC”) services on a fixed-sum turnkey basis and (ii) undertaking civil construction and related infrastructure projects on item rate and lump sum basis, primarily in the roads and highway sector. It has also forayed into executing water pipeline projects and is currently undertaking two water supply projects in R

Aster DM is the fifth mainstream IPO of 2018, and first after Union Budget 2018. The y ear 2017 remained very successful year for the primary market. However, in Budget 2018 , FM Arun Jaitley's move to reintroduce LTCG on sale of shares and mutual funds may not go well to maintain the existing trend. 10% LTCG already wiped out 5.00 L Crores of investors wealth in a matter of two days, and will further continue to impact in  decision making of investing in the market. Though, the market has been gaining the momentum and recovering from the trauma, yet losses cannot be paid off soon. Aster DM issue details are given below: As evident from above, it is a mix of Fresh issue and offer for sale. The company shall not receive any proceed from offer for sale. The company proposes to utilize net proceeds from the Fresh Issue towards the following objects 1. Repayment and/or prepayment of debt; 2. Purchase of medical equipment 3. General corporate purposes