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Open
20 Feb to 1 Mar, 2017
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Close
20 Feb to 1 Mar, 2017
3
Allotment
—
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Listing
Thu, Mar 9, 2017
Price Band
₹100 per share
Issue Size
22,00,800 shares (agg. up to ₹22 Cr)
Lot Size
1,200 Shares
Listing Date
Thu, Mar 9, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.27x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2016 | 31 Mar 2016 | 31 Mar 2015 | 31 Mar 2014 |
|---|---|---|---|---|
| Assets | 50.33 | 49.09 | 37.06 | 32.70 |
| Total Income | 32.01 | 56.54 | 43.87 | 41.17 |
| Profit After Tax | 4.51 | 5.50 | 4.18 | 3.89 |
| NET Worth | 37.61 | 33.47 | 28.06 | 23.87 |
| Reserves and Surplus | 31.61 | 27.47 | 27.06 | 22.87 |
| Total Borrowing | 5.42 | 7.19 | 2.02 | 0.25 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ruby Cables Ltd. | SME | ₹10.01 Cr | ₹50 | null | ₹50.00 | +0.00% | |
| Relicab Cable Manufacturing Ltd. | SME | ₹3.22 Cr | ₹20 | null | ₹20.35 | +1.75% | ₹36.94 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Development of new products | 5.25 |
| 2 | Setting up manufacturing Unit for the existing and new range of products | 5.75 |
| 3 | Expansion of Marketing Network and Brand building | 5.00 |
| 4 | General Corporate Purposes | 5.00 |
| 5 | Issue Expenses | 1.01 |
About Nitiraj Engineers IPO
Updated on Aug 5, 2026
Contact Details
Nitiraj Engineers Ltd. Address306A Bhabha BuildingN.M.Joshi MargDelisle RoadMumbai, Maharashtra, 400011022-23094161investor@nitiraj.netVisit Website