Nelcast Ltd - IPO

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