Nitiraj Engineers Ltd - Prospectus Synopsis

Nitiraj Engineers Ltd RHP

Registered Office : 306A Bhabha Building N M Joshi , Marg Delisle Road , Mumbai - 400011 , Maharashtra , India.

Phone :   Fax :

Email :    Website :

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.

Issue Money Payable On
Opens On Closes On Application Allotment
20-Feb-2017 01-Mar-2017 Rs 100 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 1200 Further Multiples of : 1200
  Rs Cr Lead Managers to the Issue
Project Cost 22 Arihant Capital Markets Ltd
Project Financed through Current Offer 22.01  
Post Issue Equity Share Capital 8.2  
Issue Price Rs. 100  
Development of new products
Promoted By Listing At Registrar to the Issue
Rajesh Raghunath Bhatwal
NSE - SME Bigshare Services Pvt Ltd

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