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Open
22 Feb 2006
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Close
27 Feb 2006
3
Allotment
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Listing
Tue, Mar 21, 2006
Price Band
₹140 to ₹168
Issue Size
1,00,00,000 shares (agg. up to ₹168 Cr)
Listing Date
Tue, Mar 21, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.51x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2005 | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|---|
| Assets | 267.86 | 248.77 | 193.57 | 190.62 |
| Total Income | 145.30 | 240.43 | 178.00 | 151.99 |
| Profit After Tax | 9.34 | 7.54 | 5.51 | 6.01 |
| NET Worth | 94.12 | 84.79 | 66.50 | 70.78 |
| Reserves and Surplus | 81.85 | 72.51 | 54.23 | 48.76 |
| Total Borrowing | 128.27 | 119.95 | 92.93 | 89.46 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Land and site development | 1.70 |
| 2 | Building and Civil Works | 6.69 |
| 3 | Plant and Machinery | 79.92 |
| 4 | Contingencies | 1.25 |
| 5 | Margin money for working capital | 6.12 |
| 6 | Issue Expenses | 11.74 |
| 7 | General Corporate Purposes | 67.83 |
| Total | 175.25 |
About Nitco Tiles IPO
Incorporated in 1966, Nitco Tiles is engaged in the business of providing comprehensive flooring solutions, offering a diverse range of tiles across multiple price points to cater to varied customer needs. Its product portfolio includes mosaic tiles, ceramic floor tiles, vitrified tiles, paving tiles, and imported marble, serving both residential and commercial segments. Its manufacturing capabilities include mosaic tiles produced at our facility in Thane and ceramic and porcelain tiles manufactured at its plant in Poynad, Alibaug. In addition, the company source premium products such as vitrified tiles, wall tiles, and marble from reputed international suppliers, ensuring a wide selection of high-quality offerings.+ Read More
Contact Details
Nitco Tiles Ltd. Address86-A, 8th FloorMaker Chambers IIINariman PointMumbai, Maharashtra, 400021+91 22 5552 1555ipo@nitcotiles.comVisit Website