Niraj Cement Structurals Ltd IPO


IPO Subscription Details

  • Open Date 26 May
  • Close Date 30 May
  • Lot Size 30
  • IPO Size ₹ 61.75 Cr
  • IPO Price Range ₹ 190
  • Min Investment ₹ 5700

IPO Synopsis

Public issue of 32,50,000 equity shares of Rs.10/- each for cash at a price of Rs.190/- per equity share(Including a Premium of Rs.180/- per Equity Share) aggregating Rs.61.75 Crores (hereinafter referred to as the issue) by Niraj Cement Structurals Limited (hereinafter referred to as NCSL or the company or the issuer). The issue comprises a reservation for eligible employees of 3,25,000 equity shares of Rs.10/- each, for cash at a issue price of Rs.190/- per Equity Share (Including a Premium of Rs.180/- per equity share) and net issue to the public of 29,25,000 equity shares of Rs.10/- each (hereinafter referred to as the net issue). The issue would constitute 31.42% of the total post issue paid-up equity capital of the company. Issue Price is Rs.190/-per equity share of Rs.10/- each The issue price is 19 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 Niraj Cement Structurals Ltd IPO

Contact Information


Niraj House Sunder Baug,
Near Deonar Bus Depot Chembur,
Mumbai, Maharashtra 400088

Niraj Cement Structurals Ltd IPO Lead Manager

Allbank Finance Ltd