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Nitiraj Engineers Ltd

Nitiraj Engineers Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹100
₹100
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹100
Based on GMP
Min. Investment
₹120,000
1 lot × 1200 shares
Subscribed
1.00x
Over-subscribed
Check Allotment
IPO Details
Open Date
20 Feb 2017
Close Date
01 Mar 2017
Allotment
07 Mar 2017
Listing Date
09 Mar 2017
Exchange
NSE SME
Price Band
₹100
Listing Price
See chart
Allotment Status
Check Now →
Price Band
₹100
Per share
Face Value
₹10 per share
 
Lot Size
1,200 Shares
per lot
Issue Size
22,00,800 shares (aggregating up to ₹22.01 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹120,000
1 lot
Pre-IPO Holding
60,00,000 shares
Promoters
Post-IPO Holding
82,00,800 shares
Promoters
UPI Deadline
2017-03-01
Mandate
Anchor AllotmentSun, 19 Feb 2017
Basis of AllotmentTue, 07 Mar 2017
Refund InitiationWed, 08 Mar 2017
Demat CreditWed, 08 Mar 2017
Listing DayThu, 09 Mar 2017
UPI Mandate Deadline2017-03-01
Sale TypeFresh Capital
Net Offer to Public20,90,400 shares (aggregating up to ₹20.90 Cr)
Market Maker Quota1,10,400 shares (aggregating up to ₹1.10 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Nitiraj Engineers Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 01 Mar 2017.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
110,400
 — ₹1.10
QIB
Over 1.00x
— — —
NII / HNI
Over 1.00x
— — —
Retail
Over 1.00x
— — —
Total 1.00x
2,200,800
 100% ₹22.01
IPO Shares Offered
Nitiraj Engineers Ltd IPO total issue size: ₹22.01 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 110,400 ₹1.10
5.02%
Total 2,200,800 ₹22.01
100.00%
* Based on upper price band ₹100 per share
Lot Size & Investment
Lot Size
1,200
Shares per Lot
Issue Price
₹100.00
Upper Band
Min Investment
₹120,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,400₹240,000
Retail (Max — 13 Lots)1315,600₹1,560,000
S-HNI (Min — 14 Lots)1416,800₹1,680,000
B-HNI (Min — 68 Lots)6881,600₹8,160,000
* Issue Price ₹100 × Lot Size 1,200 shares
IPO Schedule
Anchor
19 Feb 2017
✓ Done
IPO Open
20 Feb 2017
✓ Done
IPO Close
01 Mar 2017
✓ Done
Allotment
07 Mar 2017
✓ Done
Refunds
08 Mar 2017
✓ Done
Demat Credit
08 Mar 2017
✓ Done
Listing Day
09 Mar 2017
✓ Done
Nitiraj Engineers Ltd — Live Price LIVE
₹100.00
INR · NSE
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Issue ₹100.00 Live Price
About Nitiraj Engineers Ltd
Incorporated in 1989, Nitiraj Engineers Limited manufactures and sells a range of electronic weighing scales and systems, currency counting machines, and electronic fare meters for industrial and domestic consumption.They offers jewelry, tabletop, price computing, piece counting, platform, hanging, industrial weighing, baby weighing, person weighing, adult weighing, body mass index, and kitchen scales; and special application indicators, currency counting machines, and taxi/rickshaw fare meters. The company supplies its products under the Phoenix brand name through a network of dealers to customers in India and internationally
Objects of the Issue
1
Development of new products
2
Setting up manufacturing Unit for the existing and new range of product
3
Expansion of Marketing Network and Brand building
4
General Corporate Purposes
5
Issue Expenses
Nitiraj Engineers Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹7,725.8
31-Mar-14
₹9,062.7
31-Mar-15
₹4,519.6
31-Dec-15
Profit After Tax (PAT)
₹389.0
31-Mar-14
₹418.4
31-Mar-15
₹364.7
31-Dec-15
Particulars31-Dec-1531-Mar-1531-Mar-14
Revenue from Operations 4519.64 9062.67 7725.82
EBITDA N/A N/A N/A
Profit After Tax (PAT) 364.72 418.40 389.01
Net Worth N/A N/A N/A
Total Assets 4690.59 3705.64 3269.90
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A — —
PAT Margin (%) N/A — —
Issue Structure & Shareholding
Total Shares Offered22,00,800 (100.00%)
Net Offer to Public20,90,400 shares (aggregating up to ₹20.90 Cr)
Reserved for Market Maker1,10,400 shares (aggregating up to ₹1.10 Cr)
Pre-Issue Promoter Holding60,00,000 shares
Post-Issue Promoter Holding82,00,800 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Arihant Capital Markets Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Nitiraj Engineers Ltd IPO subscribed? ▲

Nitiraj Engineers Ltd IPO is subscribed 1.00 times by Mar 01, 2017. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Nitiraj Engineers Ltd IPO retail subscription status? ▼

The Nitiraj Engineers Ltd IPO retail category is subscribed 1.00 times as of 01 Mar 2017. The retail portion is oversubscribed.

How to subscribe Nitiraj Engineers Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 20 Feb 2017 and closes 01 Mar 2017. Min investment: ₹120,000 (1 lot = 1,200 shares). UPI mandate: 2017-03-01.

How many times Nitiraj Engineers Ltd IPO subscribed? ▼

The Nitiraj Engineers Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Nitiraj Engineers Ltd IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 07 Mar 2017. Refunds: on 08 Mar 2017.

When Nitiraj Engineers Ltd IPO will be listed? ▼

The Nitiraj Engineers Ltd IPO listing date is 09 Mar 2017, Thursday. Listed on: NSE SME. Issue price: ₹100. Estimated listing: ₹100. GMP: NIL.

When Nitiraj Engineers Ltd IPO close? ▼

The Nitiraj Engineers Ltd IPO closes on 01 Mar 2017, Wednesday. UPI mandate: 2017-03-01. Allotment: 07 Mar 2017. Listing: 09 Mar 2017.

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Live Price LIVE
Last Price₹100.00
Change—
Issue Price₹100.00
vs Issue—
Quick Summary
StatusListed
Issue Price₹100
Face Value₹10
Lot Size1,200 Sh
Min. Amount₹120,000
GMPNIL
Est. Listing₹100
Subscribed1.00x
Open Date20 Feb 2017
Close Date01 Mar 2017
Allotment07 Mar 2017
Listing Date09 Mar 2017
ExchangeNSE SME
UPI Deadline2017-03-01