IPO

Nitiraj Engineers Ltd IPO

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Public issue of 22,00,800 equity shares of Rs. 10/- each of Nitiraj Engineers Limited (The Company or The Issuer) for cash at a price of Rs. 100/- per share (The Issue Price), aggregating to Rs. 22.01 crores (The Issue), of which, 1,10,400 equity shares of Rs. 10/- each will be reserved for subscription by market maker to the issue (The Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. Issue of 20,90,400 equity shares of Rs. 10/- each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.84% and 25.49% respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10/- each and the issue price is 10 times the face value.

Nitiraj Engineers Ltd IPO Subscription Details

Company

Nitiraj Engineers Ltd

Issue Type

Fixed Price - SME

Open Date

20 Feb

Close Date

01 Mar

Offer Price

100.00

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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

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Contact Details of Nitiraj Engineers Ltd IPO

Company Contact Information

Nitiraj Engineers Ltd IPO
306A Bhabha Building N M Joshi,
Marg Delisle Road,
Mumbai, Maharashtra 400011.

Phone:
Email: investor@nitiraj.net

Nitiraj Engineers Ltd IPO Register

Bigshare Services Pvt Ltd

Nitiraj Engineers Ltd IPO Lead Manager(s)

  • Arihant Capital Markets Ltd

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