Nitco Ltd - IPO

Nitco Ltd IPO Details

Public issue of 10,000,000 equity shares of Rs. 10/- each for cash at a price of Rs.168 per equity share aggregating Rs.168 crores (the Issue). The issue comprises a net issue to the public of 9,000,000 equity shares of Rs. 10/- each (the Net Issue) and a reservation for eligible employees of 1,000,000 equity shares of Rs. 10/- each, at the issue price. The issue will constitute 44.9% of the total post issue paid-up equity capital of the company.Issue price Rs.168 per equity share of Rs. 10/- eachIssue price is 16.8 Times of the Face Value

Objective of issue

Expansion of manu. facili. of ceramic floor tiles. To setup manu. facility for wall tiles/acquisition. Installation of six wind mills.

Nitco Ltd Contact Details

Nitco Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - investorgrievances@nitco.in

Website - www.nitco.in