PNC Infratech, will be launching public issue on May 8, 2015. It has set price band between Rs 355 to Rs 378 a share. The issue will close on May. 12, 2015.

It is coming out with an initial public offering (IPO) of about 12.9 million equity shares of face value of Rs 10 each. The book running lead managers to the offer are ICICI Securities and IDFC Securities. The offer will constitute 25% of the post offer paid up equity share capital of the company. The equity shares are proposed to be listed on the BSE and NSE.

The company is an Indian infrastructure construction, development and management company, with expertise in the execution of major infrastructure projects, including highways, bridges, flyovers, power transmission lines, airport runways, development of industrial areas and other infrastructure activities.