Nitco Ltd IPO

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Public issue of 10,000,000 equity shares of Rs. 10/- each for cash at a price of Rs.168 per equity share aggregating Rs.168 crores (the Issue). The issue comprises a net issue to the public of 9,000,000 equity shares of Rs. 10/- each (the Net Issue) and a reservation for eligible employees of 1,000,000 equity shares of Rs. 10/- each, at the issue price. The issue will constitute 44.9% of the total post issue paid-up equity capital of the company. Issue price Rs.168 per equity share of Rs. 10/- each Issue price is 16.8 Times of the Face Value

Nitco Ltd IPO Subscription Details


Nitco Ltd

Issue Type

(Book Built Portion)

Open Date

22 Feb

Close Date

27 Feb

Offer Price


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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

Nitco Ltd IPO Frequently Asked Questions

Stove Kraft Ltd, kitchen appliances manufacturer is coming up with its Initial public Offerings on January 25 with the public issue comprising a fresh issue size of ₹412.63Cr.

You can apply for the Stove Kraft IPO using any supported UPI apps. To Apply on 5paisa App follow the procedure mentioned above. For further details Click Here.

Stove Kraft IPO will open on January 25, 2021.

Stove Kraft IPO Lot size is 38 equity shares, that means you can apply for one lot consisting 38 equity shares.

Shares of Stove Kraft will be getting allotted on 02nd February,2021.

Stove Kraft Shares will be getting listed on 05 February, 2021.

Here is the minimum investment calculation of Stove Kraft IPO
Lot size – 38 * Issue Price ₹385 = ₹14,630
Hence the minimum investment amount required to invest in Stove Kraft IPO is ₹14,630. As per the maximum limit that is allowed by SEBI you can apply for 13 lots.

No, one bank account one IPO application is allowed.

Cut off Price for Stove Kraft IPO is ₹14,630

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Contact Details of Nitco Ltd IPO

Company Contact Information

Nitco Ltd IPO
Nitco house Recondo Compound,
S K Ahire Marg Worli,
Mumbai, Maharashtra 400030.

Phone: 91-22-6752 1555
Email: investorgrievances@nitco.in

Nitco Ltd IPO Register

Link Intime India Pvt Ltd

Nitco Ltd IPO Lead Manager(s)

  • IL&FS Investsmart Ltd
  • Karvy Investor Services Ltd
  • UTI Bank Ltd

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