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Incorporated in 1995, Nitin Fire Protection Industries (NFPIL) is in business of Fire Protection, Safety and Security, including Intelligent Building management systems and High Pressure Seamless Cylinders and Refueling Systems.
NFPIL is an end to end solutions provider for fire protection, safety and security, with capabilities in manufacturing, designing, engineering, commissioning and maintenance. NFPIL is specialize in Fire Protection (gas and water based), Fire Detection and Alarm, Building Automation and Security.
NFPIL has two Manufacturing cum warehousing units situated at T.T.C. Industrial Area, Vashi and MIDC, Taloja, Near Mumbai.
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and to raise capital to
Setting-up of a high-pressure seamless cylinder plant at Visakhapatnam Special Economic Zone through investment in our wholly owned subsidiary, Nitin Cylinders Limited.
| IPO Opening Date | May 15, 2007 |
| IPO Closing Date | May 18, 2007 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹171 to ₹190 per equity share |
| Market Lot | 35 Shares |
| Min Order Quantity | 35 Shares |
| Listing At | BSE, NSE |
| Issue Size | 3,390,000 Eq Shares of ₹10 (aggregating up to ₹64.41 Cr) |
The Nitin Fire IPO market lot size is 35 shares. A retail-individual investor can apply for up to 30 lots (1050 shares or ₹199,500).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 35 | ₹6,650 |
| Maximum | 30 | 1050 | ₹199,500 |
The Nitin Fire IPO is subscribed 48.48 times on May 18, 2007 17:00. The public issue subscribed 30.29 in the retail category, 49.91 in the QIB category, and 101.32 in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|
| Listing Date | Tuesday, June 5, 2007 |
| BSE Script Code | 532854 |
| NSE Symbol | NITINFIRE |
| Listing In | B1 Group of Securities |
| ISIN | INE489H01020 |
| IPO Price | ₹190 per equity share |
| Face Value | ₹10 per equity share |
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Nitin Fire Protection Industries Ltd
501, Delta, Technology Street,
Hiranandani Gardens,
Powai, Mumbai - 400 076, Maharashtra, India
Phone: + 91 22 4045 7000
Email: ipo@nitinfire.com
Website: http://www.nitinfire.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Nitin Fire IPO is a main-board IPO of 3,390,000 equity shares of the face value of ₹10 aggregating up to ₹64.41 Crores. The issue is priced at ₹171 to ₹190 per equity share. The minimum order quantity is 35 Shares.
The IPO opens on May 15, 2007, and closes on May 18, 2007.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Nitin Fire IPO opens on May 15, 2007 and closes on May 18, 2007.
Nitin Fire IPO lot size is 35 Shares and the minimum order quantity is 35 Shares.
You can apply in Nitin Fire 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 Nitin Fire IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Nitin Fire IPO allotment status.
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