National Buildings Construction Corporation Ltd IPO (NBCC IPO) Detail

Mar 22, 2012 - Mar 27, 2012

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.

Company Promoters:

Promoter of the company is the President of India acting through the Ministry of Urban Development. Promoter currently holds 100% of the pre-Offer paid-up equity share capital of their Company directly and indirectly.

Objects of the Issue:

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 Details

Issue Open	Mar 22, 2012 - Mar 27, 2012
Issue Type	Book Built Issue IPO
Issue Size	12,000,000 Eq Shares of Rs 10 (aggregating up to Rs 127.20 Cr)
Face Value	Rs 10 Per Equity Share
Issue Price	Rs 90 - Rs 106 Per Equity Share
Market Lot	60 Shares
Min Order Quantity	60 Shares
Listing At	BSE, NSE

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 Subscription Status (Bidding Detail)

NBCC IPO how much subscribed?
	No. of Times Issue Subscribed (BSE + NSE)
As on Date & Time	QIB	NII	RII	Employee	Total
Shares Offered	5,940,000	1,782,000	4,158,000	120,000	12,000,000
Mar 27, 2012 17:00	7.07x	1.70x	3.40x	0.09x	4.93x

NBCC IPO Prospectus

NBCC IPO Rating

302

3.6

Rating:

Vote Here ...

NBCC IPO Listing Date

› Listing Date: Thursday, April 12, 2012
› BSE Script Code: 534309
› NSE Symbol: NBCC
› Listing In: T
› ISIN: INE095N01015
› Issue Price: Rs 106 Per Equity Share
› Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume

BSE
Rs 106.00
Rs 100.00
Rs 95.05
Rs 101.00
Rs 97.05
1,200,796

NSE
Rs 106.00
Rs 101.00
Rs 95.95
Rs 101.00
Rs 96.95
940,724

NBCC IPO Reviews / Ratings

Capital Market Review
KM Global - Subscribe.
SMC Global - Look quite impressive.
Hem Securities - Subscribe to NBCC IPO for limited upside.
SP Tulsian - No great excitement.
ABMoney - Subscribe for short time listing gains.
Anand Rathi - Very attractive.
Way2Wealth - Subscribe.
Swastika Investmart - A good bet for long term.
Emkay Global - Subscribe.
Dilip Davda - Subscribe

Company Contact Information

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
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo.nbcc@bigshareonline.com
Website: http://www.bigshareonline.com

NBCC IPO Lead Manager(s)

Lead Manager Reports

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Useful Articles

NBCC IPO Review / Comments

144. sun rise Jun 6, 2012 11:13

why going low govt IPO?

143. atul singhal Apr 30, 2012 00:31

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 Apr 16, 2012 14:16

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 Apr 16, 2012 11:09

Sold all shares at 93.5. 5 % loss :(
It is expected to go down only from here.

140. gundu anna Apr 14, 2012 20:24

Top Contributor (400+ 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 Apr 12, 2012 23:32

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 Apr 13, 2012 11:50

Top Contributor (400+ 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 Apr 13, 2012 14:54

Magar Coal India,,,,Puls he na Merebhai,,,,,,

138. Prateek Apr 12, 2012 11:27

Its inching closer to 100 mark

137. Gapoo Apr 12, 2012 10:53

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 Apr 12, 2012 10:48

mt edu much better opening...

135. AMIT SINGH Apr 12, 2012 10:46

ppl dont worry try avg out or wait for next 6 months...

134. GOEL BERIWALA Apr 12, 2012 10:34

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 Apr 12, 2012 10:33

Another Scam by government company. They loot poor investor again. MT Educare proved to be far better listing.

133.1. gundu anna Apr 12, 2012 10:43

Top Contributor (400+ 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 Apr 12, 2012 10:26

Hello...bought another 68 shares @ 96....total comes 450 shares !! now waiting for good moment to sell..hope its early (inshallah)

131. gundu anna Apr 12, 2012 10:04

Top Contributor (400+ Posts, 100+ Likes)

I got 10% discount!!!!!!!

You can buy as much shares as u want now at discount.......

130. PSR Apr 12, 2012 10:03

IPO Mentor (700+ Posts, 400+ Likes)

End of the Road.
Huge losses + No way to exit

129. Vip jpr Apr 12, 2012 09:21

Seems price discovery around Rs. 100. So ready to bear some losses.

129.1. Prateek Apr 12, 2012 10:06

Very bad listing. Down more than 5% for retail. :(

128. gundu anna Apr 12, 2012 07:16

Top Contributor (400+ Posts, 100+ Likes)

i suggest one to sell on listing day, if any profits are made.

127. ABHILESH VADERA Apr 11, 2012 23:30

NBCC LISTING 12 APRIL 2012 ,PRISE ARE EFECTED MARKET CENTIMENTS HOPES 5- 10 % GAIN LISTING

127.1. NIFTY FIFTY Apr 12, 2012 09:50

LOSSES 5 TO 10 %

126. ANSARI Apr 11, 2012 21:17

Dear Sreedhar waiting for your comments,what will be your strategy for tomorrow NBCC listing.

126.1. Anand Vishwakarma Apr 12, 2012 00:39

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 Apr 11, 2012 17:50

listing on 12 apr. nbcc and mteducare. both to be listed under BE segment.( trade to trade)

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