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National Buildings Construction Corporation Ltd IPO (NBCC IPO) Detail

March 22, 2012 - March 27, 2012

NBCC IPO is a book built issue of Rs 127.20 crores.

NBCC IPO bidding started from March 22, 2012 and ended on March 27, 2012. The shares got listed on BSE, NSE on April 12, 2012.

NBCC IPO price band is set at ₹90 to ₹106 per share. The minimum lot size for an application is 60 Shares. The minimum amount of investment required by retail investors is ₹6,360.

Axis Capital Limited and Idbi Capital Market Services Limited are the book running lead managers of the NBCC IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to NBCC IPO RHP for detailed information.

NBCC IPO Details

IPO Date March 22, 2012 to March 27, 2012
Listing Date April 12, 2012
Face Value ₹10 per share
Price Band ₹90 to ₹106 per share
Lot Size 60 Shares
Total Issue Size12,000,000 shares
(aggregating up to ₹127.20 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

NBCC IPO Reservation

NBCC IPO offers 12,000,000 shares. 5,940,000 (49.50%) to QIB, 1,782,000 (14.85%) to NII, 4,158,000 (34.65%) to RII, 120,000 (1.00%) to employees. 69,300 RIIs will receive minimum 60 shares and (sNII) and (bNII) will receive minimum 1,920 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered5,940,000 (49.50%)NA
NII (HNI) Shares Offered1,782,000 (14.85%)
Retail Shares Offered4,158,000 (34.65%)69,300
Employee Shares Offered120,000 (1.00%)NA
Total Shares Offered12,000,000 (100%)

NBCC IPO Lot Size

Investors can bid for a minimum of 60 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 60 ₹6,360
Retail (Max) 31 1860 ₹197,160
Lot Size Calculator

About National Buildings Construction Corporation Ltd

Incorporated in 1960, National Buildings Construction Corporation Limited (NBCC Ltd) is a public sector company engaged in the business of project management consultancy services for civil construction projects ("PMC"), civil infrastructure for power sector and real estate development. NBCC is headquartered in New Delhi and in addition they have 10 regional / zonal offices across India.

Company's PMC projects segment includes residential and commercial complexes, redevelopment of buildings and colonies, hospitals, educational institutions, infrastructure works for security personnel, border fencing as well as infrastructure projects such as roads, water supply systems, storm water systems and water storage solutions. Some of their clients are ESIC, Ministry of Defence, Ministry of Home Affairs (including Security forces like CRPF, CISF, NSG, BSF), Ministry of External Affairs, MoUD, Ministry of Commerce and Industry, Ministry of Corporate Affairs, Ministry of Finance, Haryana Urban Infrastructure Development Board, IIT Roorkee, IIT Kharagpur, IIT Patna, SVNIT etc.

NBCC Ltd's civil Infrastructure for power sector segment includes providing engineering and construction services for power projects, including design and execution of civil and structural works for power projects, Cooling towers and Chimneys. Some of their clients in this segment include NTPC Limited, BHEL, APGENCO Ltd, Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd, MAHAGENCO Ltd and Karnataka Power Corporation Ltd. Their real estate segment includes residential projects and commercial projects.

NBCC Ltd have successfully completed 8 real estate development projects. They have in hand 4 residential Ongoing Projects, 6 residential Forthcoming Projects and 3 commercial Ongoing Projects and 6 Forthcoming Projects.

Objects of the Issue (NBCC IPO Objectives)

The objects of the issue are to:

1. Carry out the disinvestment of 12,000,000 Equity Shares by the Selling Shareholder and
2. Achieve the benefits of listing the Equity Shares on the Stock Exchanges.

NBCC IPO Review (Apply)

[Dilip Davda]  Worthy bet. Issue is assigned IPO Grade 4 by CARE indicating above average fundamentals of the company. Read detail review...


NBCC IPO Subscription Status (Bidding Detail)

The NBCC IPO is subscribed 4.93 times on March 27, 2012 5:00:00 PM. The public issue subscribed 3.40 times in the retail category, 7.07 times in the QIB category, and 1.70 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB7.07
NII1.70
Retail3.40
Employee0.09
Total4.93

5% Discount for Retail Bidders and Eligible Employees

The promoter of NBCC, Government of India, has offered 5% discount to retail investors and eligible employees in NBCC IPO shares. The NBCC IPO discount will be applicable on the price fixed for NBCC shares through this IPO.

NBCC IPO Grading

CARE has assigned an IPO Grade 4 to NBCC IPO. This means as per CARE, company has 'Above Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read NBCC IPO Report

NBCC IPO Prospectus

NBCC IPO Rating

302
3.6
Rating:Rated 3.6 stars
Vote Here ...

NBCC IPO Listing Details

Listing Date April 12, 2012
BSE Script Code 534309
NSE Symbol NBCC
ISIN INE095N01015
Final Issue Price ₹106 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹106.00
₹100.00
₹95.05
₹101.00
₹97.05
NSE
₹106.00
₹101.00
₹95.95
₹101.00
₹96.95

Check IPO Performance…

National Buildings Construction Corporation Ltd Contact Details

National Buildings Construction Corporation Ltd
NBCC Bhawan,
Lodhi Road,
New Delhi - 110003, India
Phone: +91 11 43591555
Email: cs.nbcc@nic.in
Website: http://www.nbccindia.gov.in

NBCC IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo.nbcc@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

NBCC IPO - Buy or Not

NBCC IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 3 0 0
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

NBCC IPO FAQs

NBCC IPO is a main-board IPO of 12,000,000 equity shares of the face value of ₹10 aggregating up to ₹127.20 Crores. The issue is priced at ₹90 to ₹106 per share. The minimum order quantity is 60 Shares.

The IPO opens on March 22, 2012, and closes on March 27, 2012.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The NBCC IPO opens on March 22, 2012 and closes on March 27, 2012.

NBCC IPO lot size is 60 Shares, and the minimum amount required is ₹6,360.

You can apply in NBCC IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for NBCC IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the NBCC IPO allotment status.

The NBCC IPO listing date is on April 12, 2012.
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NBCC IPO Message Board

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217 Comments

144. sun rise |   Link |  Bookmark |June 6, 2012 11:13:09 AM
why going low govt IPO?
143. atul singhal |   Link |  Bookmark |April 30, 2012 12:31:30 AM
i got 50 shares of nbcc.
i dont know from where these shares comes from.

i sold out all 191 shares got in IPO on listing day itself.
142. C.A |   Link |  Bookmark |April 16, 2012 2:16:43 PM
it is very good for stock market that all past PSU FPOs and about all past PSU IPOs are trading in huge discount.
141. Prateek |   Link |  Bookmark |April 16, 2012 11:09:05 AM
Sold all shares at 93.5. 5 % loss :(
It is expected to go down only from here.
140. gundu anna |   Link |  Bookmark |April 14, 2012 8:24:12 PM (500+ Posts, 100+ Likes)
My wishes for all those who lost money in NBCC IPO. I hope u will recover your losses in next issue.

do take good care of yourselves... bcz its ur money.

139. C.A |   Link |  Bookmark |April 12, 2012 11:32:07 PM
NBCC,NHPC,SJVNL,PTC FIN,NMDC,MOIL,P&S BANK,ONGC,NTPC,ENG INDIA,SHIPING CO.,PFC, all psus are trading in discount, psu investors ha ha ha.
139.1. gundu anna |   Link |  Bookmark |April 13, 2012 11:50:07 AM (500+ Posts, 100+ Likes)
Because nobody invests for long term.

Even I made money in NMDC, engineers india, MOIL, NTPC.

We have to invest wisely and only if margin of safety is there. there is no reason for one to buy NBCC at 1.7 price/book when other companies are avsilable at 0.9 price/book and at much cheaper valuations..
139.2. crisil crisil |   Link |  Bookmark |April 13, 2012 2:54:52 PM
Magar Coal India,,,,Puls he na Merebhai,,,,,,
138. Prateek |   Link |  Bookmark |April 12, 2012 11:27:59 AM
Its inching closer to 100 mark
137. Gapoo |   Link |  Bookmark |April 12, 2012 10:53:59 AM
hello again,
looted looted looted...........again public sector company with the help of so called merchant banker robbed public openly, they are contineous in thier robberies, no body cares...........gullible public applied full lot and got carried away............have u seen not a single public issue floated by government in recent times find no taker ................
it is only public who subscribed these kinds of issue........politicians just protect their vote bank......glaring examples are set by thrashing IGL openly ..........people lost heavily but government has his say...............they are killing public sector............there might be many more issues yet to come..............people do support all public sector issue as you supported all recent issue.................

thanks for applying...........public sector issues..........?
136. AMIT SINGH |   Link |  Bookmark |April 12, 2012 10:48:01 AM
mt edu much better opening...
135. AMIT SINGH |   Link |  Bookmark |April 12, 2012 10:46:27 AM
ppl dont worry try avg out or wait for next 6 months...
134. GOEL BERIWALA |   Link |  Bookmark |April 12, 2012 10:34:48 AM
HAI EVERYBODY,

HEAVY LOSSES FOR THE NBCC RETAIL INVESTORS DESPITE 5 % DISCOUNT. NOBODY
IS INVESTORS' FRIENDLY WHETHER IS PRIVATE PROMOTORS OR GOVT. ALL ARE GREEDY PEOPLE. THESE PEOPLE HAVE KILLED THE IPO MARKET COMPLETELY.

NOBODY SHOULD INVEST IN ANY IPO OR FPO IN FUTURE IF YOU HAVE HARD
EARNED MONEY. I HAVE DECIDED NOT TO INVEST.
133. Aar Key |   Link |  Bookmark |April 12, 2012 10:33:31 AM
Another Scam by government company. They loot poor investor again. MT Educare proved to be far better listing.
133.1. gundu anna |   Link |  Bookmark |April 12, 2012 10:43:09 AM (500+ Posts, 100+ Likes)
Did they snatched money from your pocket? its u took the risk. euity=risk. so if u cannoit bear loss then dont invest.

Dicl: I have not invested in NBCC IPO
132. Imran Kadiwala |   Link |  Bookmark |April 12, 2012 10:26:25 AM
Hello...bought another 68 shares @ 96....total comes 450 shares !! now waiting for good moment to sell..hope its early (inshallah)
131. gundu anna |   Link |  Bookmark |April 12, 2012 10:04:43 AM (500+ Posts, 100+ Likes)
I got 10% discount!!!!!!!

You can buy as much shares as u want now at discount.......
130. PSR |   Link |  Bookmark |April 12, 2012 10:03:38 AM
IPO Guru IPO Guru (1200+ Posts, 700+ Likes)
End of the Road.
Huge losses + No way to exit
129. Vip jpr |   Link |  Bookmark |April 12, 2012 9:21:35 AM
Seems price discovery around Rs. 100. So ready to bear some losses.
129.1. Prateek |   Link |  Bookmark |April 12, 2012 10:06:54 AM
Very bad listing. Down more than 5% for retail. :(
128. gundu anna |   Link |  Bookmark |April 12, 2012 7:16:48 AM (500+ Posts, 100+ Likes)
i suggest one to sell on listing day, if any profits are made.
127. ABHILESH VADERA |   Link |  Bookmark |April 11, 2012 11:30:11 PM
NBCC LISTING 12 APRIL 2012 ,PRISE ARE EFECTED MARKET CENTIMENTS HOPES 5- 10 % GAIN LISTING
127.1. NIFTY FIFTY |   Link |  Bookmark |April 12, 2012 9:50:38 AM
LOSSES 5 TO 10 %
126. ANSARI |   Link |  Bookmark |April 11, 2012 9:17:58 PM
Dear Sreedhar waiting for your comments,what will be your strategy for tomorrow NBCC listing.
126.1. Anand Vishwakarma |   Link |  Bookmark |April 12, 2012 12:39:07 AM
Nifty is having res at 5,263 and 5,299 while sup is there at 5,190 and 5,154... Read more@ stock-market-trading-art
125. RJH |   Link |  Bookmark |April 11, 2012 5:50:40 PM
listing on 12 apr. nbcc and mteducare. both to be listed under BE segment.( trade to trade)