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Track all the latest updates and news of Nelcast IPO.
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Published by : ReutersNelcast Limited IPO listing date & Info:
Listing On: Wednesday, June 27, 2007
BSE Script Code: 532864
NSE Symbol: NELCAST
Listing in: B1 Group
ISIN: INE189I01016
Issue Price: Rs. 219/- Per share (Face Value of Rs. 10/-)
IPO Allotment Status is now available online for Nelcast Limited IPO.
Nelcast Limited IPO was closed on June 08 and was oversubscribed by around 7.39 times.
Incorporated in 1982, Nelcast Limited is in the business of Iron Castings. A TS 16949 accredited organization, Nelcast is one of the largest manufacturers of Spheroidal Graphite (SG) Iron Castings in India.
Nelcast Limited is entering the capital markets with an initial public offering, IPO of 43,50,000 Equity Shares of Rs. 10/- Each, for cash, at a premium to be decided through a 100% Book Built Issue.
The price band for the issue has been fixed at Rs 195/- at lower level and Rs 219/- at upper level for equity share of Rs 1. The issue opens on June 04, 2007, and closes for subscription on June 08, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
The Nelcast IPO is proposed to open on June 4, 2007. The IPO application ends on June 8, 2007.
Retail investors can apply in the retail or non-institutional investor category from June 4, 2007 to June 8, 2007. The Nelcast IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Nelcast IPO will open for subscription on June 4, 2007. The public issue will close on June 8, 2007.
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