NEL Holdings South Ltd - Prospectus Synopsis

NEL Holdings South Ltd RHP

Registered Office : Nitesh Timesquare 7th Floor , No 8 MG Road , Bangalore - 560001 , Karnataka , India.

Phone : 91-80-40174000  Fax : 91-80-25550825

Email :    Website :

Public issue of 75,000,000 equity shares of Rs. 10 each of Nitesh Estates Limited (The Company or the Issuer) for cash at a price of Rs. 54 per equity share (including a share premium of Rs. 44 per equity share) aggregating up to Rs. 405.00 crores (the Issue). The Issue will constitute 51.43% of the fully diluted post issue paid-up capital of the company. Issue price: Rs. 54 per equity share of face value Rs. 10 each The Issue price is 5.4 times the face value

Issue Money Payable On
Opens On Closes On Application Allotment
23-Apr-2010 27-Apr-2010 Rs 54 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 100 Further Multiples of : 100
  Rs Cr Lead Managers to the Issue
Project Cost 1020.77 Enam Securities Pvt Ltd
Project Financed through Current Offer 405  
Post Issue Equity Share Capital 145.83  
Issue Price Rs. 54  
Acquire Joint Development Rights of the company
Promoted By Listing At Registrar to the Issue
Nitesh Industries Pvt Ltd
Nitesh Shetty
Pushpalatha V Shetty
Mumbai Karvy Computershare Pvt Ltd

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