IPO

Nitin Spinners Ltd IPO

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Public Issue of 233,33,337 Equity Shares of Rs. 10 each at a price of Rs. 21 for cash aggregating to Rs. 49 crores (referred to as the issue) comprising of Promoters contribution of 42,85,717 Equity Shares of Rs. 10 each at a price of Rs. 21 for cash aggregating to Rs. 9 crores (referred to as the Promoters Contribution) and a Reservation for permanent Employees of the Company of 11,90,476 Equity Shares of Rs. 10 each at a price of Rs. 21 for cash aggregating to Rs. 2.5 crores (referred to as the Employee Reservation Portion). The net offer to the public is of 178,57,144 Equity Shares of Rs.10 each at a price of Rs.21 for cash aggregating to Rs.37.50 crores (referred to as the net issue). The issue would constitute 57.14 % of the post issue paid-up capital of our company.

Nitin Spinners Ltd IPO Subscription Details

Company

Nitin Spinners Ltd

Issue Type

(Book Built Portion)

Open Date

06 Jan

Close Date

12 Jan

Offer Price

21.00

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  • 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

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Contact Details of Nitin Spinners Ltd IPO

Company Contact Information

Nitin Spinners Ltd IPO
16-17 KM Stone,
Chittor Highway Hamirgarh,
Bhilwara, Rajasthan 311025.

Phone: 91-1482-286110-113
Email: nsl@nitinspinners.com

Nitin Spinners Ltd IPO Register

Big Share Services Pvt Ltd

Nitin Spinners Ltd IPO Lead Manager(s)

  • IDBI Capital Market Services Ltd
  • UTI Securities Ltd

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