Incorporated in 1982, Nelcast Limited is in the business of Iron Castings. A TS 16949 accredited organization, Nelcast is one of the largest manufacturers of Spheroidal Graphite (SG) Iron Castings in India.
Nelcast's factories are located at Gudur, Andhra Pradesh and Ponneri, Tamilnadu. Ponneri factory specifically manufactures Grey Iron and Ductile Iron castings.
Nelcast manufactures around 200 different castings in SG and Grey Iron. Cylinder Blocks, Flywheels, Flywheel Housings, Housings, Hubs, Spring Shackle, Brackets, Transmission Case, Axle Housings, Exhaust Manifolds etc. are some of the items that find application in the commercial vehicle and in the Tractor segments. Nelcast is a major supplier of auto components castings to Automobile and Tractor industry majors like TATA Motors, Ashok Leyland, Tafe, Mahindra & Mahindra, TATA Cummins etc.
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
1. To finance the expansion and modernisation of the production facilities at both the units of the Company and
2. To meet the incremental working capital requirement of the Company.
| IPO Date | Jun 4, 2007 - Jun 8, 2007 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 4,350,000 Eq Shares of ₹10 (aggregating up to ₹95.27 Cr) |
| Face Value | ₹10 Per Equity Share |
| IPO Price | ₹195 to ₹219 Per Equity Share |
| Market Lot | 30 Shares |
| Min Order Quantity | 30 Shares |
| Listing At | BSE, NSE |
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 30 | ₹6,570 |
| Maximum | 30 | 900 | ₹197,100 |
No. of Times Issue Subscribed (BSE + NSE) | ||||||
|---|---|---|---|---|---|---|
As on Date & Time | QIB | NII | RII | Employee | Others | Total |
Shares Offered | - | - | - | - | - | - |
Jun 8, 2007 17:00 | 11.22x | 0.93x | 4.59x | 7.36x | ||
| Listing Date | Wednesday, June 27, 2007 |
| BSE Script Code | 532864 |
| NSE Symbol | NELCAST |
| Listing In | B1 |
| ISIN | INE189I01024 |
| IPO Price | ₹219 Per Equity Share |
| Face Value | ₹10 Per Equity Share |
|
|
|
Nelcast Limited
Nelcast Limited,
34, Industrial Estate,
Gudur 524101, Andhra Pradesh, India
Phone: + 91 8624 251 266
Email: nelcast@nelcast.com
Website: http://www.nelcast.com
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@bigshareonline.com
Website: http://www.bigshareonline.com
Nelcast IPO is a main-board IPO of 4,350,000 equity shares of the face value of ₹10 aggregating up to ₹95.27 Crores.
The issue price of the IPO is ₹195 to ₹219 Per Equity Share. The minimum order quantity is 30 Shares per application and the offer type is Book Built Issue.
The IPO opens on Jun 4, 2007 and closes on Jun 8, 2007.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Nelcast IPO opens on Jun 4, 2007 and closes on Jun 8, 2007.
Nelcast IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.
The finalization of Basis of Allotment for Nelcast IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Nelcast IPO allotment status.
Nelcast IPO lot size is 30 Shares and the minimum order quantity is 30 Shares.
Guaranteed Save 60% to 90% Brokerage
You could reduce the brokerage cost significantly by moving to another stock broker. Our expert team compared top share brokers in India to help traders. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.
We can help you choosing the right broker. Contact us today...
Useful Articles
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
5paisa (₹20/trade) Zerodha (₹20/trade) ProStocks (₹899 Unlimited) Upstox RKSV (₹20) Edelweiss (₹10 per Trade) More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Overview Benefits & Risks of Options Options Pricing More Articles... Options Trading FAQs Options Trading GlossaryBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaHistory of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc
Top Contributor (200+ Posts)
I applied 60 nelcast shares, i got 30 in the allotment,
Still i Didn't get refund money for remaining 30 shares,
is anybody help to me,
how can i get my money,
i applied through ICICI Dmat Account
Wait For Reply.