Business Standard

Novus Green Energy Systems Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

- cr

Price Range (₹)

0

Lot Size

-

Min Investment (₹)

-

Listing Exchange

NSE - SME

Open Date

-

Close Date

-

Listing Date

-

Novus Green Energy Systems Ltd News

    Novus Green Energy Systems Ltd IPO Details

    Initial public issue of upto 26,00,000 equity shares of face value of Rs.10 each of Novus Green Energy Systems Limited (the company or the issuer)for cash at a price of Rs. (*) per equity share including a share premium of Rs. (*) per equity share (the issue price) aggregating to Rs. (*) (the issue), of which (*) equity shares of face value of Rs. (*) each for cash at a price of Rs. (*) per equity share including a share premium of (*) per equity share aggregating to Rs. (*) will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. Net issue of (*) equity shares of face value of Rs. 10 each at a price of Rs. (*) per equity share aggregating to Rs. (*) is hereinafter referred to as the net issue. The issue and the net issue will constitute (*) % and (*) % respectively of the post issue paid up equity share capital of the company.The price band and the minimum bid lot will be decided by the company. The face value of equity shares of Rs. 10 each.

    Objective of issue

    To Meet Working Capital Requirement. General Corporate Purpose.

    Novus Green Energy Systems Ltd Contact Details

    Novus Green Energy Systems Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - info@novusgreen.in

    Website - www.novusgreen.in