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Nitiraj Engineers Ltd
Nitiraj Engineers Ltd
Registered Office : 306A Bhabha Building N M Joshi,Marg Delisle Road,Mumbai Maharashtra 400011 Phone :
Fax :
Email : investor@nitiraj.net
Website : www.nitiraj.net
Public issue of 22,00,800 equity shares of Rs. 10/- each of Nitiraj Engineers Limited ("The Company" or The "Issuer") for cash at a price of Rs. 100/- per share (The "Issue Price"), aggregating to Rs. 22.01 crores ("The Issue"), of which, 1,10,400 equity shares of Rs. 10/- each 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. Issue of 20,90,400 equity shares of Rs. 10/- each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.84% and 25.49% respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10/- each and the issue price is 10 times the face value.
Opens On
Closes On
20-Feb-2017
01-Mar-2017
Application
Allotment
100.00
0.00
Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
22.00
22.01
8.20
100.00
Arihant Capital Markets Ltd
- Development of new products
- Setting up manuf. unit for existing & new products
- Expansion of marketing network and brand building
- General corporate purposes
- Rajesh Raghunath Bhatwal
- NSE - SME
- Bigshare Services Pvt Ltd