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IPO

IPO Details


Nitin Fire Protection Industries Ltd
Registered Office: 501 Delta Technology Street, Hiranandani Gardens, Mumbai - 400076, Maharashtra
Phone:
Email: cs@nitinfire.com; accounts@nitinfire.com
Website: www.nitinfire.com
Public issue of 33,90,000 Equity Shares of the face value Rs.10/- each for cash at a price of Rs.190/- per Equity Share (including share premiuim of Rs. 180/- per share) aggregating Rs. 64.41 crores (hereinafter referred to as "the issue"), including employee reservation of 1,50,000 Equity Shares of the face value Rs.10/- each at a price of Rs.190/- for cash aggregating Rs.2.85 Crores ("Employee Reservation Portion") and net issue to the public of 32,40,000 equity shares of face value Rs.10/- each at a price of Rs.190/- for cash aggregating Rs.61.56 Crores by Nitin Fire Protection Industries Limited (the "company") (the "net issue to the public") and the net issue to the public would constitute 25.71% of the post issue paid-up capital of our Company. Issue Price is Rs.190/- per equity share of face value Rs.10/- The issue price is 19 times the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
15-May-2007 18-May-2007 ₹ 190.00 ₹ 0.00
Minimum Application for shares in Nos : 35.0 Further Multiples of : 35.0
(₹)Cr. Lead Managers to the Issue
Project Cost 0.00 Karvy Investor Services Ltd
Project Financed through Current Offer 64.41
Post Issue Equity Share Capital 12.60
Issue Price ₹190.00
Projects
Setting-up a High-pressure Seamless Cylinder Plant
Promoted By
Nitin M Shah
Rahul N Shah
Kunal N Shah
Listing At
BSE
NSE
Registrar to the Issue
No Data Available

INDIAN INDICES

Sensex

83,432.89 193.42 (0.23%)

Nifty

25,461.00 55.70 (0.22%)

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