Business Standard

Nelcast Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

95.27 cr

Price Range (₹)

219

Lot Size

30

Min Investment (₹)

6,570.00

Listing Exchange

MumbaiNSE

Open Date

04-Jun-2007

Close Date

08-Jun-2007

Listing Date

27-Jun-2007

Nelcast Ltd News

    The Shares of Nelcast Ltd have now been listed.

    Nelcast Ltd IPO Details

    Public issue of 43,50,000 equity shares of Rs. 10/- each for cash at a price of Rs.219/- per equity share aggregating Rs.95.27 Crores (the issue). The issue would constitute 25% of the fully diluted post issue paid-up equity capital of the Company.Issue Price is Rs.219/- per equity share of face value Rs. 10/- eachThe issue price is 21.9 times of the face value

    Objective of issue

    Expansion/Modernisation of Existing Product Facili. Incremental Working capital requirement.

    Nelcast Ltd Contact Details

    Nelcast 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 - nelcast@nelcast.com; sivakumar@nelcast.com

    Website - www.nelcast.com