Nitco Ltd IPO


Subscription Details

  • Open Date 22 Feb
  • Close Date 27 Feb
  • Lot Size 40
  • IPO Size ₹ 168 Cr
  • IPO Price Range ₹ 168
  • Min Investment ₹ 6720

Nitco Ltd IPO Timeline

Open Date
22 Feb
Close Date
27 Feb
Basis of Allotment
Credit to Demat Account
Listing Date

IPO Synopsis

Public issue of 10,000,000 equity shares of Rs. 10/- each for cash at a price of Rs.168 per equity share aggregating Rs.168 crores (the Issue). The issue comprises a net issue to the public of 9,000,000 equity shares of Rs. 10/- each (the Net Issue) and a reservation for eligible employees of 1,000,000 equity shares of Rs. 10/- each, at the issue price. The issue will constitute 44.9% of the total post issue paid-up equity capital of the company. Issue price Rs.168 per equity share of Rs. 10/- each Issue price is 16.8 Times of 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 Nitco Ltd IPO

Contact Information


Nitco house Recondo Compound,
S K Ahire Marg Worli,
Mumbai, Maharashtra 400030

Open Demat Account