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Niraj Cement Structurals Ltd IPO (Niraj Cement Structurals IPO) Detail

May 26, 2008 - May 30, 2008

Niraj Cement Structurals IPO is a book built issue of Rs 61.75 crores.

Niraj Cement Structurals IPO bidding started from May 26, 2008 and ended on May 30, 2008. The shares got listed on BSE on June 19, 2008.

Niraj Cement Structurals IPO price band is set at ₹175 to ₹190 per share. The minimum lot size for an application is 30 Shares. The minimum amount of investment required by retail investors is ₹5,700.

Allahabad Bank is the book running lead manager of the Niraj Cement Structurals IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Niraj Cement Structurals IPO RHP for detailed information.

Niraj Cement Structurals IPO Details

IPO Date May 26, 2008 to May 30, 2008
Listing Date June 19, 2008
Face Value ₹10 per share
Price Band ₹175 to ₹190 per share
Lot Size 30 Shares
Total Issue Size3,250,000 shares
(aggregating up to ₹61.75 Cr)
Issue Type Book Built Issue IPO
Listing At BSE

Niraj Cement Structurals IPO Lot Size

Investors can bid for a minimum of 30 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 30 ₹5,700
Retail (Max) 35 1050 ₹199,500
Lot Size Calculator

About Niraj Cement Structurals Ltd

Incorporated in 1998, Niraj Cement Structurals Ltd is engaged in the business of infrastructure development, building roads, airport upgradation, bridges, airport runways, pavements, industrial structures, ready mix concrete and others. The company is operating from Mumbai and at present executing project in Orissa and Maharashtra.

The list of projects completed by company:
1. Worli Bandra Sea Link Package;
2. Construction of Apron Flooring in connection with Construction of Air India Hanger Project, Mumbai;
3. Construction of Dry Lean Concrete & Pavement Quality with Slip Form Paver at Part Kon to Kalamboli;
4. Replacement of existing concrete pavement (apron) panels in front of Air India Hanger No. 1 & 2 at Old Airport;
5. Construction of New Fire Station at Mumbai Airport Mumbai, SH Rigid Pavement;
6. Execution of Track linking works in between Tomka-Keonjhar on E.C. Railway.

The Major Projects currently under execution:
1. Widening to 4/6 lanes and strengthening of existing 2 lane carriageway of NH-60 in the state of Orissa;
2. Widening and construction of LBS Marg from Sion to Kanjurmarg;
3. Widening and construction of LBS Marg from Kanjurmarg to Mulund Check Naka;
4. Dam & Spilway under Tuirial Hydro Electric Power Station Project Mizoram;
5. Strengthening and Extension of Container Yard at NMPT With Paver Blocks;
6. Providing Heavy Duty Pavement in Mangalore;
7. Providing Paver Block Pavement at Main Gate, KK Gate and Seamen�s Circle Junction in the Wharf Area in Mangalore etc.

Company Financials

ParticularsFor the year/period ended (Rs. in lacs)
  Total Income7,966.027,039.573,157.283,285.88
  Profit After Tax (PAT)637.53779.49160.11253.51

Objects of the Issue (Niraj Cement Structurals IPO Objectives)

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Investment in capital equipment;
2. Funding long term working capital requirements;
3. To meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges;
4. General corporate purposes.

Niraj Cement Structurals IPO Subscription Status (Bidding Detail)

The Niraj Cement Structurals IPO is subscribed 1.74 times on May 30, 2008 5:00:00 PM. The public issue subscribed 3.81 times in the retail category, 0.00 times in the QIB category, and 4.01 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Niraj Cement Structurals IPO Rating

Rating:Rated 2.5 stars
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Niraj Cement Structurals IPO Listing Details

Listing Date June 19, 2008
BSE Script Code 532986
ISIN INE368I01016
Final Issue Price ₹190 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Niraj Cement Structurals Ltd Contact Details

Niraj Cement Structurals Ltd
Niraj Cement Structurals Ltd,
Sunder Baug, Opp. Deonar Depot,
Chembur, Mumbai - 400 088 India.
Phone: +91-22-2551 3750

Niraj Cement Structurals IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Niraj Cement Structurals IPO - Buy or Not

Niraj Cement Structurals IPO Recommendation Summary

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Niraj Cement Structurals IPO FAQs

Niraj Cement Structurals IPO is a main-board IPO of 3,250,000 equity shares of the face value of ₹10 aggregating up to ₹61.75 Crores. The issue is priced at ₹175 to ₹190 per share. The minimum order quantity is 30 Shares.

The IPO opens on May 26, 2008, and closes on May 30, 2008.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.

The Niraj Cement Structurals IPO opens on May 26, 2008 and closes on May 30, 2008.

Niraj Cement Structurals IPO lot size is 30 Shares, and the minimum amount required is ₹5,700.

You can apply in Niraj Cement Structurals 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 Niraj Cement Structurals IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Niraj Cement Structurals IPO allotment status.

The Niraj Cement Structurals IPO listing date is on June 19, 2008.
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Niraj Cement Structurals IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



197. SAMIR |   Link |  Bookmark |August 12, 2008 8:48:38 PM

196. SAMIR |   Link |  Bookmark |August 12, 2008 8:38:57 PM

195. madhusudan |   Link |  Bookmark |July 5, 2008 10:03:38 AM
i was not able to sell niraj... ipo at the right and i still have it.... should i hole these... please anyone suggest me HELP!!!
194. sngarg |   Link |  Bookmark |June 29, 2008 9:00:04 AM
Can anybody guide, as to how the following situation happened.:-

on 25-6-08, at about 11.30 hrs, Niraj Cement was buyer packed at Rs. 201.70 (Upper Circuit). No seller. Buyer for morethan 11.30 lakh share were outstanding. I placed buying order of one share at 201.70, and surprisingly only after 5 minutes, my order executed whereas buyers at 201.70 increased to 12 lakhs. As a thumb rule I; should got the share only after 11.30 lakhs buyers cleared.
Can anybody clear me as to how it happened.

193. surendra |   Link |  Bookmark |June 25, 2008 6:12:01 PM
I think this is what happens if we are new to trading :-) As I mentioned earlier, I tried setting sale at 205 today in ICICIDirect, and it told me UpperCircuit, and failed. Then for my understanding, I tried, with 201.5 (where as 201.7 is UC), then it sold the stock :-( .. My understand was it will fail even at 201.7.. but its a good lesson.

By the way, is this stock going to rise like Anu labs or Aishwarya soon ? Why 13lakhs stocks are opted, but no seller ? Can some one clarify why so much demand for this ?

Thanks in advance.
192. Kenny |   Link |  Bookmark |June 25, 2008 2:42:46 PM
What does this Buyer's Cap signify Rajivipo.

191. Kenny |   Link |  Bookmark |June 25, 2008 2:40:40 PM
What does this Buyer's cap signify Prakashipo.

190. Rajivipo |   Link |  Bookmark |June 25, 2008 2:12:49 PM
surender ji trading is not stopped it is in buyer cap where only buyer is available you can sell share but cannot buy until buyers cap .
189. surendra |   Link |  Bookmark |June 25, 2008 11:49:01 AM
What happend to NIRAJ CEMENT STRUCTURALS trading ? Why is it stopped ? Can some one clarify please ? ..
188. mehar baba |   Link |  Bookmark |June 20, 2008 9:05:27 PM
Mr Bbp I am giving my own prediction. Note : stock market investiment are subject to market risks. Dont give theory predictions.
187. chintan |   Link |  Bookmark |June 20, 2008 1:26:43 PM
Chalo anth bhala to sab bhala.202.50 tak gaya hai yeh stock,i
sold it at 199 rs.Prakash IPO ji aisi true advice hame aage bhi chahiye aapse.jai hind.
186. Rajivipo |   Link |  Bookmark |June 20, 2008 11:46:24 AM
comeon prakashipo now it started his journey
185. kedi |   Link |  Bookmark |June 20, 2008 6:58:02 AM
Ek IPO k Picha Dusro Par itna ilzam lagakar kuch nahi milaga.
Abhi bhi yea loss nahi de raha hai, isiliya jisko lag raha hai ki inka Market Down hoga, wo log abhi bhi nikal saktai hai. without making any profit or Loss.

Kuch logo ka kam hi hota hai Gumraha karna. wo log bana kisi Logic k bat kartai hai. Par apnai ko apna Demag lagana hai. aakhir paisa bhi apna hai. Profit or Loss apnai koi milnai wala hai.

kuch log lalach mai aa kar dusro ki bato par aa kar kam kartai hai. apna kuch dimag nahi lagatai. Isiliya mera kahan hai ki Dusro ki batoo ko suno agar wo Logically bat karta ho sath mai apan bhi dimag lagao. or agar koi without logic bat karta hai to unki bato par nazar andaz kardo.

aur agar kisi IPO mai Loss ho gaya, to wo jinko Loss hua unki galti hai. naki kisi or ki.

184. Bbp |   Link |  Bookmark |June 19, 2008 10:27:03 PM
When Albert Einstine wrote a theory of relativity, one person had interviewed him & ask a question that “If your theory will prove wrong than what will people say about you” then Einstine replied that If my theory proves wrong that American will say “he is German” & German will say “he is American” & If my theory proves true that German will say “He is German” & American will say “He is American”.

Friends, so don’t recommend any tips & also don’t point out anybody if he is going to wrong in his prediction.
183. mehar baba |   Link |  Bookmark |June 19, 2008 9:21:18 PM
niraj cement structurals is engineering and construction companyIt will go to Rs 300 within a span of 10 days i.e. 50% profit. book profit above Rs300.
182. vishy |   Link |  Bookmark |June 19, 2008 8:05:26 PM
Prakash ipo

abhi hum donon ke beech mein jo khel chal raha thaa, woh katam ho gaya.

tum muje, mera knowledge ke liye kuch batane ki jaroorat nahi hai.

waqt sabko sab cheej battaayegaaaaa.

bye, take care
181. Chintan |   Link |  Bookmark |June 19, 2008 4:12:54 PM
Arey bhaion,kyon ek IPO ke liye andar andar lad rahe ho.
180. prakashipo |   Link |  Bookmark |June 19, 2008 4:02:44 PM
tumhari knowledge ke liye bata doon aaj niraj apne issue prize se upar bandh hua ,yaar vishy yeh nkaise ho gya
isme main to qib zero tha .kyan zamaana aa gaya 85 times qib oversuscried waale ghak chaan rahe hai
179. Kenny |   Link |  Bookmark |June 19, 2008 3:47:40 PM
178. Kenny |   Link |  Bookmark |June 19, 2008 3:46:25 PM
Sorry, I am not being able to understand your messages, but mention clearly.