Nitiraj Engineers Ltd IPO — GMP ₹0

Important Dates

3/3 completed

Open

Allotment

Refund

Demat

Listing

Done

Open Date

20 Feb 2017

Mon Completed

Done

Close Date

01 Mar 2017

Wed Completed

TBA

Allotment

TBA

Refund

TBA

Demat Credit

TBA

Done

Listing Date

09 Mar 2017

Thu Completed

UPI Deadline: 01 Mar 2017

Issue Details

Pricing & Size

Issue Price

₹100 Face ₹10

Lot Size

1,200 shares

Min Investment

₹120,000

Total Issue Size

22,00,800 shares (aggregating up to ₹22.01 Cr)

IPO Information

Issue Type

Fixed Price IPO

Sale Type

Fresh Capital

Listing Exchange

NSE SME

Script / Ticker

Allocation Breakdown

Market Maker

1,10,400 (5.02%)

QIB Portion

NII / HNI

10,45,200 (47.49%)

Retail

10,45,200 (47.49%)

Employee

Net Offer to Public

20,90,400 shares (aggregating up to ₹20.90 Cr)

Shareholding Pattern

Pre-Issue Shareholding

60,00,000 shares

Post-Issue Shareholding

82,00,800 shares

Application Size

Category	Min Lots	Shares	Amount
Retail (sNII)	1	1,200	₹1,20,000
HNI / NII	2	2,400	₹2,40,000

Objects of Issue

5 objectives

Development of new products

5.25 Cr

Setting up manufacturing Unit for the existing and new range of product

5.75 Cr

Expansion of Marketing Network and Brand building

5.00 Cr

General Corporate Purposes

5.00 Cr

Issue Expenses

1.01 Cr

Lead Managers & Market Maker

Book Running Lead Managers

Arihant Capital Markets Ltd

Market Maker

Alacrity Securities Ltd

IPO Timeline

Open

20 Feb

✓ Done

01 Mar

✓ Done

Allotment

TBA

Listing

09 Mar

✓ Done

Registrar Details

Bigshare Services Pvt.Ltd

SEBI Registered Registrar & Transfer Agent

Phone

+91-22-6263 8200

ipo@bigshareonline.com

Website

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment Status

Company Contact

Website

http://www.nitiraj.net

investor@nitiraj.net

Phone

022-23094161

Address

306A Bhabha Building, N. M. Joshi Marg, Delisle Road, Mumbai, Maharashtra, 400011

Grey Market Premium

LIVE

Current GMP

+₹0

+0% vs Issue Price

Issue Price

₹100

Est. Listing

₹100

Lot Size

1,200 shares

P&L / Lot

+₹0

GMP is unofficial grey market data. Does not guarantee listing price or returns.

GMP Return Calculator

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GMP (₹)

Lot Size

Number of Lots

Estimated Listing

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ROI

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| Price

Market Reference

IPO Issue Price

₹100

GMP

+₹0 (+0%)

GMP Est. Listing

₹100

Previous Close

—

Exchange

—

Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.

Category-wise Subscription

Category	Sub (×)	Offered	Bid For	Amt (Cr)*
NII / HNI (Total)	—	10,45,200 (47.49%)	—	₹1,045.20 Cr
Retail Investors	—	10,45,200 (47.49%)	—	₹1,045.20 Cr
Total **	—	22,00,800 (100.00%)	—	₹22,008.00 Cr
Market Maker *	—	1,10,400 (5.02%)	—	₹11.04 Cr

* Based on ₹100.00 (upper price band)

NII / HNI Breakdown

Shares Reserved

NII

10,45,200 (47.49%)

Retail

10,45,200 (47.49%)

Market Maker

1,10,400 (5.02%)

* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.

Financial Summary

Amount in ₹ Lakhs

Metric	31-Dec-15	31-Mar-15	31-Mar-14
Revenue	4519.64	9062.67	7725.82
PAT	364.72	418.40	389.01
EBITDA	—	—	—
Net Worth	—	—	—
Total Assets	4690.59	3705.64	3269.90
Reserves	—	—	—
Borrowings	—	—	—

About Nitiraj Engineers Ltd

Incorporated in 1989, Nitiraj Engineers Limited manufactures and sells a range of electronic weighing scales and systems, currency counting machines, and electronic fare meters for industrial and domestic consumption.

They offers jewelry, tabletop, price computing, piece counting, platform, hanging, industrial weighing, baby weighing, person weighing, adult weighing, body mass index, and kitchen scales; and special application indicators, currency counting machines, and taxi/rickshaw fare meters. The company supplies its products under the Phoenix brand name through a network of dealers to customers in India and internationally

Frequently Asked Questions

What is the issue price of Nitiraj Engineers Ltd IPO?

The issue price of Nitiraj Engineers Ltd IPO is ₹100 per share, face value ₹10.

What is the lot size?

Minimum lot size is 1,200 shares, requiring ₹120,000.

What are the IPO dates?

Opens 20 Feb 2017, closes 01 Mar 2017.

When is the listing date?

Tentative listing: 09 Mar 2017 on NSE SME.

What is the current GMP?

Current GMP is +₹0, estimated listing ₹100 (+0%). GMP is unofficial.

How to apply?

Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Nitiraj Engineers Ltd IPO

Check on Registrar

Post-IPO Timeline

Listing Date

09 Mar 2017

Live Price LIVE

—

Quick Facts

Closed

GMP Signal

Bullish

+₹0

+0%

Issue Price

₹100

Face ₹10

Lot Size

1,200

shares / lot

Min Amount

₹120,000

1 lot

Est. Listing

₹100

GMP +₹0

Key Dates

Open

20 Feb Done

01 Mar Done

Listing

09 Mar Done

Registrar

Bigshare Services Pvt.Ltd