Nitin Fire Protection Industries Ltd IPO

Closed

Subscription Details

  • Open Date 15 May
  • Close Date 18 May
  • Lot Size 35
  • IPO Size ₹ 64.41 Cr
  • IPO Price Range ₹ 190
  • Min Investment ₹ 6650

Nitin Fire Protection Industries Ltd IPO Timeline

Open Date
15 May
Close Date
18 May
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 33,90,000 Equity Shares of the face value Rs.10/- each for cash at a price of Rs.190/- per Equity Share (including share premiuim of Rs. 180/- per share) aggregating Rs. 64.41 crores (hereinafter referred to as the issue), including employee reservation of 1,50,000 Equity Shares of the face value Rs.10/- each at a price of Rs.190/- for cash aggregating Rs.2.85 Crores (Employee Reservation Portion) and net issue to the public of 32,40,000 equity shares of face value Rs.10/- each at a price of Rs.190/- for cash aggregating Rs.61.56 Crores by Nitin Fire Protection Industries Limited (the company) (the net issue to the public) and the net issue to the public would constitute 25.71% of the post issue paid-up capital of our Company. Issue Price is Rs.190/- per equity share of face value Rs.10/- The issue price is 19 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 Nitin Fire Protection Industries Ltd IPO

Contact Information

Address

501 Delta Technology Street,
Hiranandani Gardens,
Mumbai, Maharashtra 400076

Nitin Fire Protection Industries Ltd IPO Lead Manager

Karvy Investor Services LtdUTI Securities Ltd
Open Demat Account