Report By Angel Broking: Neutral
Company background: Sadbhav Infrastructure Project Ltd (SIPL) is a subsidiary of Ahmedabad-based Sadbhav Engineering Ltd (SEL). SIPL was incorporated in 2007 as a roads and highways operator. It has a portfolio of 10 BOT projects of which 6 road projects are fully operational, 1 is partially operational (border check posts) and 3 are under construction stage. 9 of the 10 BOT projects are toll projects (including service fee for the border check posts in…
Sadbhav Infrastructure Project Limited IPO
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