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Open
6 Jan 2006
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Close
12 Jan 2006
3
Allotment
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Listing
Thu, Feb 2, 2006
Price Band
₹18 to ₹21
Issue Size
2,33,33,945 shares (agg. up to ₹49 Cr)
Lot Size
300 Shares
Listing Date
Thu, Feb 2, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 20.23x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2005 | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|---|
| Assets | 121.77 | 121.52 | 102.21 | 79.03 |
| Total Income | 49.68 | 81.74 | 65.69 | 60.50 |
| Profit After Tax | 3.00 | 2.88 | 1.09 | 1.21 |
| NET Worth | 42.36 | 31.63 | 29.03 | 20.99 |
| Reserves and Surplus | 15.55 | 12.63 | 9.55 | 6.99 |
| Total Borrowing | 40.71 | 52.74 | 67.11 | 52.83 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ginni Filaments Ltd. | Mainboard | ₹57.78 Cr | ₹22 | 35.79 | ₹22.85 | +3.86% | ₹42.99 |
| Bombay Rayon Fashions Ltd. | Mainboard | ₹94.36 Cr | ₹70 | null | ₹83.15 | +18.79% | |
| Bannari Amman Spinning Mills Ltd. | Mainboard | ₹94.50 Cr | ₹135 | null | ₹132.30 | -2.00% | ₹24.46 |
| Alps Industries Ltd. | Mainboard | ₹49.81 Cr | ₹120 | 5.71 | ₹105.60 | -12.00% | ₹3.43 |
| Nandan Exim Ltd. | Mainboard | ₹12.00 Cr | ₹20 | null | ₹50.20 | +151.00% | ₹2.92 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Land | 0.75 |
| 2 | Building | 17.10 |
| 3 | Plant & Machinery – Imported & Indigenous | 97.15 |
| 4 | Miscellaneous Fixed Assets | 8.00 |
| 5 | Pre-operative Expenses | 9.45 |
| 6 | Provision for Contingency | 8.47 |
| 7 | Margin Money for Working Capital | 9.08 |
| Total | 150.00 |
About Nitin Spinners IPO
Updated on Aug 5, 2026
Contact Details
Nitin Spinners Ltd. Address16-17 Km.StoneChittor RoadBhilwara, Rajasthan, 311025+91-1482-286110ipo@nitinspinners.comVisit Website