NEL Holdings South Ltd 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

NEL Holdings South Ltd IPO Timeline

Open Date
23 Apr
Close Date
27 Apr
Basis of Allotment
Credit to Demat Account
Listing Date

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 an 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

Open Demat Account