Nirmitee Robotics India Ltd IPO (Nirmitee Robotics IPO) Detail

Mar 31, 2020 - Apr 9, 2020

Incorporated in 2016, Nirmitee Robotics India Ltd makes robots using robotic technology to offer ozone sterilization and HVAC duct cleaning services. It has customized robots that are controlled by machines to scrub, polish, scrap, remove dust, bacteria, and debris and to sanitize the duct for more months.

The company has patented duct cleaning robots to do cleaning, inspection, and post-cleaning operations. These robots have an advanced controller mechanism along with a high-resolution camera.

Nirmitee Robotics serves a wide range of industries such as convention centers, trains, hospitals, offices, and builds house sensitive equipment such as data centers. It is an ISO certified company to implement a quality management system and work across different regions.

Competitive Strengths
1. Advanced Technology
2. Positive Social and Environmental Impact
3. Qualified Management Team

Company Promoters:

Mr. Jay Prakash Motghare, Mr. Kartik Eknath Shende and Mr. Rajesh Narendra Admane are the promoters of the company.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (Rs in Lakhs)
30-Sep-19 31-Mar-19 31-Mar-18 31-Mar-17
Total Assets 225.22 238.65 105.99 12.37
Total Revenue 99.84 203.59 70.22 5.91
Profit After Tax 2.63 20.73 2.16 0.53

Objects of the Issue:

The Objects of the Net Issue is to raise funds for:

1. Redemption of Preference Shares

2. Acquisition of Registered Office, R & D facility & assembling unit on a long term sustainable basis

3. General Corporate Purpose

Nirmitee Robotics IPO Details

IPO Opening DateMar 31, 2020
IPO Closing DateApr 9, 2020
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹185 per equity share
Market Lot600 Shares
Min Order Quantity600 Shares
Listing AtBSE SME
Issue Size175,200 Eq Shares of ₹10
(aggregating up to ₹3.24 Cr)
P/E (x)185
Market Cap (₹ Cr.)11.1

Nirmitee Robotics IPO Tentative Timetable

The Nirmitee Robotics IPO open date is Mar 31, 2020, and the close date is Apr 9, 2020. The issue may list on Apr 21, 2020.

IPO Open DateMar 31, 2020
IPO Close DateApr 9, 2020
Basis of Allotment DateApr 16, 2020
Initiation of RefundsApr 17, 2020
Credit of Shares to Demat AccountApr 20, 2020
IPO Listing DateApr 21, 2020

Nirmitee Robotics IPO Lot Size

The Nirmitee Robotics IPO market lot size is 600 shares. A retail-individual investor can apply for up to 1 lots (600 shares or ₹111,000).

ApplicationLotsSharesAmount (Cut-off)

Nirmitee Robotics IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding70.81%

Nirmitee Robotics IPO Subscription Status (Bidding Detail)

The Nirmitee Robotics IPO is subscribed 1.15x times on Apr 9, 2020 18:49. The public issue subscribed 0.63x in the retail category, in the QIB category, and 1.67x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription






Nirmitee Robotics IPO Prospectus

Nirmitee Robotics IPO Rating

Rating:Rated 2.7 stars

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Nirmitee Robotics IPO Listing Date

Listing DateTuesday, April 21, 2020
BSE Script Code543194
NSE Symbol
Listing InTS Group of Securities
IPO Price₹185 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

IPO Price
Last Trade

Nirmitee Robotics IPO Reviews / Ratings

Company Contact Information

Nirmitee Robotics India Ltd
C/o Manisha Sales,
D 3/2, Hingna MIDC,
Nagpur - 440028, Maharashtra

Phone: +91 9422881677

Nirmitee Robotics 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

Nirmitee Robotics IPO FAQs

  1. What is Nirmitee Robotics IPO?

    Nirmitee Robotics IPO is a SME IPO of 175,200 equity shares of the face value of ₹10 aggregating up to ₹3.24 Crores. The issue is priced at ₹185 per equity share. The minimum order quantity is 600 Shares.

    The IPO opens on Mar 31, 2020, and closes on Apr 9, 2020.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. How to apply in Nirmitee Robotics IPO through Zerodha?

    Zerodha customers can apply online in Nirmitee Robotics IPO using UPI as a payment gateway. Zerodha customers can apply in Nirmitee Robotics IPO by login into Zerodha Console (back office) and submitting an IPO application form.

    Steps to apply in Nirmitee Robotics IPO through Zerodha

    1. Visit the Zerodha website and login to Console.
    2. Go to Portfolio and click the IPOs link.
    3. Go to the 'Nirmitee Robotics IPO' row and click the 'Bid' button.
    4. Enter your UPI ID, Quantity, and Price.
    5. ‘Submit’ IPO application form.
    6. Visit the UPI App (net banking or BHIM) to approve the mandate.

    Visit Zerodha IPO Application Process Review for more detail.

  3. When Nirmitee Robotics IPO will open?

    The Nirmitee Robotics IPO opens on Mar 31, 2020 and closes on Apr 9, 2020.

  4. What is the lot size of Nirmitee Robotics IPO?

    Nirmitee Robotics IPO lot size is 600 Shares and the minimum order quantity is 600 Shares.

  5. How to apply for Nirmitee Robotics IPO?

    You can apply in Nirmitee Robotics 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.

  6. When Nirmitee Robotics IPO allotment?

    The finalization of Basis of Allotment for Nirmitee Robotics IPO will be done on Apr 16, 2020, and the allotted shares will be credited to your demat account by Apr 20, 2020. Check the Nirmitee Robotics IPO allotment status.

  7. When is Nirmitee Robotics IPO listing date?

    The Nirmitee Robotics IPO listing date is on Tuesday, April 21, 2020.

Nirmitee Robotics IPO Message Board

Ranked Members  Ranked Members

5. VinShah |Apr 21, 2020 12:35
Investors are happy today..Nirmitee listing good in bad Mkt condition ????..
4. VinShah |Apr 15, 2020 21:37
Guys, I think tonight will be announced of allotment of Nirmiti IPO & Friday 17 April will be listing there
4.1. Darsh ipo |Apr 16, 2020 17:36
Listing on 21st...April..

4.2. VinShah |Apr 20, 2020 16:03
I don't think so Tomorrow will be listing there Because BSE & Chittorgarh didn't attach listing notices????..
3. VinShah |Apr 3, 2020 10:55
Friends, I think because of market condition this IPO subscription on 3rd day still 9%.. How's this Co.??
3.1. VinShah |Apr 7, 2020 12:57
I think IPO will be Subscribed 95-100% today.. Only 2 Days Left and 31 March to 6 April Days already gone..
2. Red Eyed black HAWK |Mar 29, 2020 20:54
You really think your ipo price deserves this? ????????.
1. Vish... |Mar 28, 2020 13:30
Jitna yeh company kamati h usey zyada mere naukar kamate h????????


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