Business Standard

Nitco Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

168.00 cr

Price Range (₹)

168

Lot Size

40

Min Investment (₹)

6,720.00

Listing Exchange

MumbaiNSE

Open Date

22-Feb-2006

Close Date

27-Feb-2006

Listing Date

21-Mar-2006

Nitco Ltd News

    The Shares of Nitco Ltd have now been listed.

    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