Business Standard

NBCC (India) Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

124.97 cr

Price Range (₹)

106

Lot Size

60

Min Investment (₹)

6,360.00

Listing Exchange

MumbaiNSE

Open Date

22-Mar-2012

Close Date

27-Mar-2012

Listing Date

12-Apr-2012

NBCC (India) Ltd News

    The Shares of NBCC (India) Ltd have now been listed.

    NBCC (India) Ltd IPO Details

    Public offer of 12,000,000 equity shares of face value of Rs. 10 each (The Equity Shares) of National Building Construction Corporation Limited (NBCC or Company) through an offer for sale by The President of India, acting through the Ministry of Urban Development, Government of India (The Selling Shareholder) for cash at a price of Rs. 106 per equity share (including a share premium of Rs. 96 per equity share), aggregating Rs. 124.97 crores (The Offer). The offer comprises a net offer to the public of 11,880,000 equity shares (The Net Offer) and a reservation of 120,000 equity shares for subscription by eligible employees (The Employee Reservation Portion). The offer would constitute 10% of the post offer paid-up equity capital of the company and the net offer would constitute 9.90% of the post offer paid-up equity capital of the company.Offer price: Rs. 106 per equity share of face value of Rs. 10 each.The offer price is 10.6 times of the face value.* A Discount of 5% (equivalent to Rs. 5.30) on the offer price is being offered to Retail Bidders (Retail Discount) and to Eligible Employees (the Employee Discount). The discount price to the aforesaid categories is Rs. 100.70 per equity share.

    Objective of issue

    NBCC (India) Ltd Contact Details

    NBCC (India) Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

    Phone - 91-22-40430200/28470652

    Fax - 91-22-28475207

    Email - co.sectt@nbccindia.com

    Website - www.nbccindia.in