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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.
| 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 |
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.
| 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) |
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 |
The Niraj Cement Structurals IPO is subscribed 1.74 times on 5/30/2008 5:00:00 PM. The public issue subscribed 3.81 in the retail category, 0.00 in the QIB category, and 4.01 in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|
| 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 |
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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
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: ncsl@intimespectrum.com
Website: https://linkintime.co.in/
Lead Manager Reports
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.
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 order quantity is 30 Shares.
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.
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.
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