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Nelcast Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

₹ 95.27

Price Range (₹)

₹ 219

Lot Size

30

Min Investment (₹)

₹ 6,570.00

Listing Exchange

MumbaiNSE

Open Date

05-Jun-2007

Close Date

09-Jun-2007

Listing Date

28-Jun-2007

Latest IPO News

    Price Performance

    1 Week0.24
    1 Month-4.56
    3 Month-5.28
    6 Month-26.32
    1 Year-34.49
    3 Year42.78

    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