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

May 26, 2008 - May 30, 2008

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:

Particulars	For the year/period ended (Rs. in lacs)
	31-Mar-07	31-Mar-06	31-Mar-05	31-Mar-04
Total Income	7,966.02	7,039.57	3,157.28	3,285.88
Profit After Tax (PAT)	637.53	779.49	160.11	253.51

Objects of the Issue:

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 Details

IPO Opening Date	May 26, 2008
IPO Closing Date	May 30, 2008
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹175 to ₹190 per equity share
Market Lot	30 Shares
Min Order Quantity	30 Shares
Listing At	BSE
Issue Size	3,250,000 Eq Shares of ₹10 (aggregating up to ₹61.75 Cr)

Niraj Cement Structurals IPO Lot Size

The Niraj Cement Structurals IPO market lot size is 30 shares. A retail-individual investor can apply for up to 35 lots (1050 shares or ₹199,500).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	30	₹5,700
Maximum	35	1050	₹199,500

Niraj Cement Structurals IPO Subscription Status (Bidding Detail)

The Niraj Cement Structurals IPO is subscribed 1.74x times on May 30, 2008 17:00. The public issue subscribed 3.81x in the retail category, 0.00x in the QIB category, and 4.01x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
Total	1.74x

Niraj Cement Structurals IPO Prospectus

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Niraj Cement Structurals IPO Rating

257

2.5

Rating:

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Niraj Cement Structurals IPO Listing Date

Listing Date	Thursday, June 19, 2008
BSE Script Code	532986
NSE Symbol
Listing In	B Group of Securities
ISIN	INE368I01016
IPO Price	₹190 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE
₹190.00
₹185.00
₹169.70
₹197.90
₹190.15
17,756,320

Niraj Cement Structurals IPO Reviews / Ratings

Business Line - Avoid
Hem Securities - Avoid
Smart Investments Ltd - Avoid

Company Contact Information

Niraj Cement Structurals Ltd
Niraj Cement Structurals Ltd,
Sunder Baug, Opp. Deonar Depot,
Chembur, Mumbai - 400 088 India.

Phone: +91-22-2551 3750
Email: info@niraj.co.in
Website: http://www.niraj.co.in

Niraj Cement Structurals IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: ncsl@intimespectrum.com
Website: http://www.linkintime.co.in

Niraj Cement Structurals IPO Lead Manager(s)

Allahabad Bank

Lead Manager Reports

Niraj Cement Structurals IPO FAQs

What is Niraj Cement Structurals IPO?

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 equity 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.
When Niraj Cement Structurals IPO will open?

The Niraj Cement Structurals IPO opens on May 26, 2008 and closes on May 30, 2008.
What is the lot size of Niraj Cement Structurals IPO?

Niraj Cement Structurals IPO lot size is 30 Shares and the minimum order quantity is 30 Shares.
How to apply for Niraj Cement Structurals IPO?

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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
When Niraj Cement Structurals IPO allotment?

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.
When is Niraj Cement Structurals IPO listing date?

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

Niraj Cement Structurals IPO Message Board

Ranked Members

197. SAMIR |Aug 12, 2008 20:48

BUY ZEENEWS FOR SHORT TERM TARGET PRISE 57.75/ DAILY VOLUME MORE THEN 5,00,000/ SHARE. WE BOUGHT 5,000 SHARE @ 42/RS.SO WATCH THE THIS SHARE.

196. SAMIR |Aug 12, 2008 20:38

BUY NIRAJ CEMENT. TARGET PRISE 150 RS. DAILY VOLUME OVER 2,00,000. I AM BUY 1000 SHARE @ 55/ RS. SO BUY NIRAJ CEMENT.

195. madhusudan |Jul 5, 2008 10:03

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 |Jun 29, 2008 09:00

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 |Jun 25, 2008 18:12

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 |Jun 25, 2008 14:42

What does this Buyer's Cap signify Rajivipo.

Kenny

191. Kenny |Jun 25, 2008 14:40

What does this Buyer's cap signify Prakashipo.

Kenny

190. Rajivipo |Jun 25, 2008 14:12

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 |Jun 25, 2008 11:49

What happend to NIRAJ CEMENT STRUCTURALS trading ? Why is it stopped ? Can some one clarify please ? ..

188. mehar baba |Jun 20, 2008 21:05

Mr Bbp I am giving my own prediction. Note : stock market investiment are subject to market risks. Dont give theory predictions.

187. chintan |Jun 20, 2008 13:26

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 |Jun 20, 2008 11:46

comeon prakashipo now it started his journey

185. kedi |Jun 20, 2008 06:58

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 |Jun 19, 2008 22:27

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 |Jun 19, 2008 21:21

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 |Jun 19, 2008 20:05

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 |Jun 19, 2008 16:12

Arey bhaion,kyon ek IPO ke liye andar andar lad rahe ho.

180. prakashipo |Jun 19, 2008 16:02

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 |Jun 19, 2008 15:47

Okay.

178. Kenny |Jun 19, 2008 15:46

Sorry, I am not being able to understand your messages, but mention clearly.

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