ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

IIP Infrastructure India Plc

0.05975
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Infrastructure India Plc LSE:IIP London Ordinary Share IM00B2QVWM67 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.05975 0.00 08:00:18
Bid Price Offer Price High Price Low Price Open Price
0.02 0.0995 0.05975 0.037 0.05975
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty -2.2M -140.03M -0.2053 0.00 409.25k
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.05975 GBX

Infrastructure India (IIP) Latest News

Infrastructure India (IIP) Discussions and Chat

Infrastructure India Forums and Chat

Date Time Title Posts
29/2/202414:32Infrastructure India (IIP)89
22/12/202019:18Infrastructure India (IIP)1,415
15/12/200901:47IIP-

Add a New Thread

Infrastructure India (IIP) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Infrastructure India (IIP) Top Chat Posts

Top Posts
Posted at 19/4/2024 09:20 by Infrastructure India Daily Update
Infrastructure India Plc is listed in the Trust,ex Ed,religious,charty sector of the London Stock Exchange with ticker IIP. The last closing price for Infrastructure India was 0.06p.
Infrastructure India currently has 682,084,189 shares in issue. The market capitalisation of Infrastructure India is £409,251.
Infrastructure India has a price to earnings ratio (PE ratio) of 0.00.
This morning IIP shares opened at 0.06p
Posted at 17/9/2023 09:43 by noirua
Noirua - 27 Feb 2020 - 13:16:28 - 1405 of 1416 Infrastructure India (IIP) - IIP
Seems a long time since I sold out between 3.5p and 3.85p. It was a profit that was a longtime arriving.
News of any substance is quite rare and the coronavirus and troubles in India are a poor backdrop.
Not sure when to reenter because others may sell up and drag it down further.

-----

The share remains a wild punt and those who run the company an equally wild gamble. If you believe the directors some might say more fool you although the share price does throw up good opportunities to make a buck or two but expect as usual a sleepy ride that suddenly becomes a Bucking Bronco with defensive Market Makers.
Posted at 31/5/2023 09:03 by dave4545
Hold a few in iii would sell out on a spike, think might get one eventually on a sale of assets. HL do not let anybody play this stock

"As announced on 28 February 2022 and periodically thereafter, IIP is engaged in discussions with several third parties (including advanced discussions with Pristine Logistics & Infraprojects Ltd) regarding the potential sale of its largest asset, Distribution Logistics Infrastructure Limited, although no definitive agreements have been signed. The Maturity Extension enables IIP to continue working towards completing a transaction"

Market cap is tiny here so if they manage to sell largest asset and cover all debt and even leave a small amount of cash it could still be multiples of market cap so I see no reason to sell at 0.2p so close to zero anyway
Posted at 21/12/2022 07:49 by dave4545
Well they were never going to be pretty but if you are holding you might as well hold for the sale of Assets.

Might get a surprise and a return a few multiples of current price. They still reckon if they sell it all and pay off the debts there will be a surplus here in excess of current market cap.

mm's have opened it down. I have 300k, might as well hold it, I'm not selling it for under £1k
Posted at 12/10/2021 12:15 by rightnellie
Odd - a couple of 100000 buys marked as sells. Buying price around 0.77p. Will it ever recover or just go bust as everyone expects? They have some decent income from their utilities but debt is horrendous Their infrastructure transport project seems ready for lift off when India starts a pandemic recovery. But will it? I'm taking a chance at this price
Posted at 09/8/2021 08:46 by tomboyb
Very weak RNS -

Running out of cash

As at 31 July 2021, the IIP Group had unaudited cash and cash equivalents available of $4 million, including certain cash receivables. This amounts to approximately 5-7 months of runway for the Group.

The Board is currently evaluating options and is exploring alternative sources of financing with third parties and further announcements will be made as and when appropriate.
Posted at 23/12/2020 12:36 by dave4545
Thanks trev.

Looks like the xmas miracle is coming to iip today.
Posted at 24/10/2020 10:51 by dave4545
Once it starts to earn and pay down the debt mountain it will rerate Ark87

Like many it's business's in India have been affected by Covid so for now the gap will remain large between current share price and NAV but I still think it should be a little higher, say 4-5p not 2.3p

It's all a case of patience.

And yes penny stocks seem to only move now because of twitter, it's sad it's all come down to this now.
Posted at 29/9/2020 14:22 by tomboyb
TIDMIIP TIDMTTM

RNS Number : 4756A

Infrastructure India plc

29 September 2020

29 September 2020

Infrastructure India plc

("IIP", the "Company and together with its subsidiaries the "Group")

Notice of Results

Pre-close Statement

Infrastructure India plc, the infrastructure fund investing directly into assets in India, provides the following update ahead of release of the Company's final results for the year ended 31 March 2020 in October 2020.

Subject to audit, the board of IIP (the "Board") is currently expecting to announce IIP net asset value per ordinary share of approximately GBP0.19 as at 31 March 2020 and gross Group cash resources as at the same date of GBP38.3 million.

Movement in the value of the Company's investments as at 31 March 2020 has been driven by favourable changes in the Indian tax regime and a decrease in the yield of benchmark Indian government 10-year bonds, which serves as the risk-free rate in asset valuations. These positive valuation impacts were offset by a weakening of the Indian Rupee against Sterling towards the end of the period and by revisions, as a result of the impact of COVID-19, to business assumptions and completion schedules on both construction and operations at IIP's largest asset, Distribution Logistics Infrastructure Limited ("DLI"). Net asset value as at 31 March 2020 will also reflect the accrual of interest on the Company's debt facilities.

Further to the Company's announcement of 17 August 2020, the impact of COVID-19 is continuing to depress Indian markets. Against this backdrop, DLI is making modest progress, with the Private Freight Terminal at DLI's Bangalore facility receiving regulatory approval to commence operations. The timing of these operations is now dependent on when customers are able to complete site inspections and further approvals are required for export-import operations at the site. Works at DLI's Palwal and Chennai terminals remain on hold due to local restrictions while the Nagpur terminal has continued to operate throughout the period, including lockdown. The logistics sector remains very competitive for freight transport, and low volumes will likely persist into 2021 while imports remain static. IIP's small hydro and wind assets are performing as expected in the current climate, with power demand from state offtakers resilient and commercial customers showing gradual recovery in line with industrial activity.

The Board looks forward to updating shareholders next month with the release of IIP's final results for the year ended 31 March 2020.

Enquiries:
Posted at 15/1/2020 00:20 by noirua
I'm not holding shares at the moment as I needed cash before CIHL paid their big dividend.
The IIP share price is not as volatile as in August 2018 when we had an intra-day high of over 8p and then it quickly fell apart.
The chart looks tantalizing and may move to challenge 6p. Always difficult to be certain though the discount to NAV remains very high.

Good luck however it goes in the short term.
Posted at 24/8/2018 12:24 by dafad
 

 

 

Upgrade Logout

MonitorQuoteChartsTradesNewsFinancialsToplistsAlertsPortfolioLevel 2Free BBPBB

Copyright © 2018 ADVFN plc

Switch to Desktop View

Infra.India Share News - IIPInfra.India Share News - IIP

Current Price

5.70p

-0.10p-1.72%

Bid PriceOffer Price5.50p5.90pHigh PriceLow PriceOpen Price5.80p5.40p5.80pShares TradedLast TradeMarket Cap (m)541,72211:36:2838.78

Infrastructure India plc Result of EGM

Intraday Infra.India Chart

24/08/2018 12:21pmUK Regulatory (RNS & others)

TIDMIIP TIDMTTM

RNS Number : 8505Y

Infrastructure India plc

24 August 2018

24 August 2018

Infrastructure India plc

("IIP", the "Company" and together with its subsidiaries the "Group")

Result of Extraordinary General Meeting

Infrastructure India plc, an AIM quoted infrastructure fund investing directly into assets in India, announces that at its Extraordinary General Meeting held earlier today the resolution was duly passed.

The passing of the resolution enables the Company to proceed towards completion of the financing as detailed in the announcement and circular to shareholders dated 31 July 2018.

Further announcements will be made in due course, as appropriate.

Enquiries:




    Infrastructure India plc   ;          ;          ;       www.iiplc.com 
    Sonny Lulla 


  Smith & Williamson Corporate Finance Limited 
   Nominated Adviser & Joint Broker 
   Azhic Basirov / Ben Jeynes                      +44 (0) 20 7131 4000 


  Nplus1 Singer Advisory LLP 
   Joint Broker 
   James Maxwell - Corporate Finance 
   James Waterlow - Investment Fund Sales      ;    +44 (0) 20 7496 3000 
  Novella       ;          ;          ;          ;     +44 (0) 20 3151 7008 
  Financial PR 
  Tim Robertson / Toby Andrews 



This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

ROMLLFFLTIISFIT

(END) Dow Jones Newswires

August 24, 2018 07:21 ET (11:21 GMT)

Infra.India Share Price TodayInfra.India Share Price ChartInfra.India Share ChatInfra.India NewsInfra.India Share Price HistoryInfra.India FinancialsInfra.India TradesInfra.India Level 2Add Infra.India to WatchlistAdd Infra.India to your PortfolioInfra.India Share Price Alert

Switch to Desktop View

 

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Share and Investment Glossary Investment WarningCopyright © 1999 - 2018 Cookie and Privacy Policy .

ADVFN UK Investors Hub ADVFN ItalyADVFN Australia ADVFN BrazilADVFN Canada ADVFN Germany ADVFN Japan ADVFN MexicoADVFN France ADVFN US Finance Manila
Infrastructure India share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock