Nilshikhaa Projects Ltd - IPO

Nilshikhaa Projects Ltd IPO Details

Initial Public Offer of upto 7500000* equity shares of face value of Rs.10 each (equity shares) of Nilshikhaa Projects Limited (company or issuer) for cash at a price of Rs. (*) per equity share (including a share premium of Rs. (*) per equity share) aggregating upto Rs. (*) Crores (the offer) consisting of a fresh issue of 3996000 equity shares aggregating upto Rs. (*) Crores (fresh issue) and an offer for sale of upto 3504000 equity shares including up to 800000 equity shares by Guru Prasanna sahoo; up to 800000 equity shares by Aryind Kumar Tripathi; upto 800000 equity shares by Jagdish Kumar; upto 800000 equity shares by Shiyananda and upto 304000 equity shares by Niharika sahoo (referred to as the selling shareholders) aggregating upto Rs. (*) Crores (offer for sale) and together with the fresh issue (the offer the offer comprises of upto (*) equity shares of face value * 10 each for cash at a price of Rs. (*) per equity share, aggregating Rs. (*) Crores which will be reserved for subscription by the market maker to the offer (the market maker reservation portion). The offer less market maker reservation portion i.e. Offer of upto (*) equity shares of face value of * 10 each for cash at a price of Rs. (*) per equity share. aggregating Rs. (*) is hereinafter referred to as the net offer, the offer and the net offer will constitute (*)% .and (*)%. respectively of the post offer paid it equity share capital of the company.The face value of the equity shares is Rs.10 each. The price band and the minimum bid lot will be decided by the company.

Objective of issue

To Finance Establishment of Manufacturing Unit II. Funding the Working Capital Requirement of the Company.

Nilshikhaa Projects Ltd Contact Details

Nilshikhaa Projects Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - info@niindia.in

Website - www.niindia.in