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Open
26 May 2008
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Close
30 May 2008
3
Allotment
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Listing
Thu, Jun 19, 2008
Price Band
₹175 to ₹190
Issue Size
32,50,000 shares (agg. up to ₹62 Cr)
Lot Size
30 Shares
Listing Date
Thu, Jun 19, 2008
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.07x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| IRB Infrastructure Developers Ltd. | Mainboard | ₹944.57 Cr | ₹185 | null | ₹189.65 | +2.51% | ₹20.01 (-0.40%) |
| Shriram EPC Ltd. | Mainboard | ₹150.00 Cr | ₹300 | null | ₹286.50 | -4.50% | ₹6.12 (-0.33%) |
| KNR Constructions Ltd. | Mainboard | ₹133.87 Cr | ₹170 | null | ₹154.90 | -8.88% | ₹122.57 (-1.25%) |
| J.Kumar Infraprojects Ltd. | Mainboard | ₹71.50 Cr | ₹110 | null | ₹103.35 | -6.05% | ₹499.40 (+2.01%) |
| BGR Energy Systems Ltd. | Mainboard | ₹438.53 Cr | ₹480 | null | ₹901.45 | +87.80% | ₹293.50 (-0.51%) |
| Maytas Infra Ltd. | Mainboard | ₹327.45 Cr | ₹370 | null | ₹613.35 | +65.77% | ₹27.57 (-4.13%) |
| Supreme Infrastructure India Ltd. | Mainboard | ₹37.54 Cr | ₹108 | null | ₹175.10 | +62.13% | ₹80.01 (-0.11%) |
| Roman Tarmat Ltd. | Mainboard | ₹50.78 Cr | ₹175 | null | ₹319.20 | +82.40% | ₹48.30 (-0.68%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in capital equipment | 20.95 |
| 2 | Funding long term working Capital Requirements | 18.17 |
| 3 | General Corporate Purposes | 20.10 |
| 4 | Meeting the issue expenses | 2.54 |
About Niraj Cement Structurals IPO
Incorporated in 1998, Niraj Cement Structurals Ltd is engaged in the business of infrastructure development, building roads, airport upgradation, bridges, airport runways, pavements, industrial structures, ready mix concrete and others. The company is operating from Mumbai and at present executing project in Orissa and Maharashtra.The list of projects completed by company:1. Worli Bandra Sea Link Package; 2. Construction of Apron Flooring in connection with Construction of Air India Hanger Project, Mumbai; 3. Construction of Dry Lean Concrete & Pavement Quality with Slip Form Paver at Part Kon to Kalamboli; 4. Replacement of existing concrete pavement (apron) panels in front of Air India Hanger No. 1 & 2 at Old Airport; 5. Construction of New Fire Station at Mumbai Airport Mumbai, SH Rigid Pavement; 6. Execution of Track linking works in between Tomka-Keonjhar on E.C. Railway. The Major Projects currently under execution:1. Widening to 4/6 lanes and strengthening of existing 2 lane carriageway of NH-60 in the state of Orissa; 2. Widening and construction of LBS Marg from Sion to Kanjurmarg; 3. Widening and construction of LBS Marg from Kanjurmarg to Mulund Check Naka; 4. Dam & Spil
Contact Details
Niraj Cement Structurals Ltd. AddressNiraj Cement Structurals LtdSunder Baug, Opp.Deonar DepotChemburMumbai, Maharashtra, 400088+91-22-2551 3750info@niraj.co.inVisit Website