IPO Synopsis

Nelcast Ltd
Registered Office: 34 Industrial Estate, ,Gudur-524101, Andhra Pradesh
Tel. No: 91-8624-251266/766
Fax No: 91-8624-252066
Email: nelcast@nelcast.com; sivakumar@nelcast.com
Website: www.nelcast.com
Public issue of 43,50,000 equity shares of Rs. 10/- each for cash at a price of Rs.219/- per equity share aggregating Rs.95.27 Crores (the "issue"). The issue would constitute 25% of the fully diluted post issue paid-up equity capital of the Company. Issue Price is Rs.219/- per equity share of face value Rs. 10/- each The issue price is 21.9 times of the face value
Issue Money Payable On
Opens On Closes On Application Allotment
04-Jun-2007 08-Jun-2007 ₹219.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 30 Further Multiples of :30
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00 Karvy Investor Services Ltd
Project Financed through Current Offer 95.27 UTI Securities Ltd
Post Issue Equity Share Capital 17.40
Issue Price 219.00
Projects
Expansion/Modernisation of Existing Product Facili
Incremental Working capital requirement
Promoted By
P Radhakrishna Reddy
Listing At
BSE
NSE
Registrar To The Issue