Wednesday, February 22, 2017

Nitiraj Engineers IPO Price Band, Dates, Market Lot & Premium

Nitiraj Engineers IPO has good financial. Their PAT is doubled in last four years from Rs. 186 Lakhs in 2011 to 418 lakhs in 2015. They are in the market to expand their product portfolio and setting up new manufacturing unit with general corporate expenses.

Nitiraj Engineers Review:
Good for Short Term

Nitiraj Engineers IPO Dates & Price Band:
  • IPO Open: 20 February 2017
  • IPO Close: 01 March 2017
  • IPO Size: Approx 22 Crores
  • Face Value: Rs. 10 Per Equity Share
  • Price Band: Rs. 100 Per Equity Share
  • Listing on: NSE SME
Nitiraj Engineers IPO Market Lot:
  • Shares: Apply for 1200 Shares (Minimum Lot Size)
  • Amount: Rs.1,20,000
Nitiraj Engineers IPO Grey Market Premium:

No Grey Market Premium for Nitiraj Engineers.

Nitiraj Engineers IPO Allotment Status:

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Nitiraj Engineers IPO Listing Dates:
Nitiraj Engineers IPO to list on NSE SME on date.

Company Promoters:
  • Mr. Rajesh Nath Bhatwal
Quick Links:
Red Herring Prospectus

IPO Registrar:
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207
IPO Lead Managers:
Arihant Capital Markets Ltd

Company Address:
Nitiraj Engineers Ltd
306A Bhabha Building, N. M. Joshi Marg, Delisle Road, Mumbai
Phone: 022-23094161
Fax: 022-23094161

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