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

04-Jun-2007

Close Date

08-Jun-2007

Listing Date

27-Jun-2007

Latest IPO News

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Price Performance

1 Week	0.43
1 Month	14.01
3 Month	-3.79
6 Month	-9.08
1 Year	-24.17
3 Year	54.21

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