NEL Holdings South Ltd IPO


IPO Subscription Details

  • Open Date 23 Apr
  • Close Date 27 Apr
  • Lot Size 100
  • IPO Size ₹ 405 Cr
  • IPO Price Range ₹ 54
  • Min Investment ₹ 5400

IPO Synopsis

Public issue of 75,000,000 equity shares of Rs. 10 each of Nitesh Estates Limited (The Company or the Issuer) for cash at a price of Rs. 54 per equity share (including a share premium of Rs. 44 per equity share) aggregating up to Rs. 405.00 crores (the Issue). The Issue will constitute 51.43% of the fully diluted post issue paid-up capital of the company. Issue price: Rs. 54 per equity share of face value Rs. 10 each The Issue price is 5.4 times the face value

How to apply for IPO?

  • Login to your 5paisa account 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 mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of NEL Holdings South Ltd IPO

Contact Information

Nitesh Timesquare 7th Floor,
No 8 MG Road,
Bangalore, Karnataka 560001

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