Issue Open | Dec 4, 2006 |
Issue Close | Dec 8, 2006 |
IPO Price | ₹39 |
Face Value | ₹10 |
IPO Size | ₹25.00 Cr |
Listing At | BSE, NSE |
IPO Lot Size | 160 |
NISSAN COPPER LTD (Our Company was incorporated on December 01,1989 as Nissan Copper
Private Limited under the Companies Act, 1956, with Registration Number 04-13072. Our
Company was converted into a Public Limited Company with effect from December 08, 2005
with its name as Nissan Copper Limited) PUBLIC ISSUE OF 64,10,257 EQUITY SHARES OF RS. 10/- EACH AT A PRICE OF RS. 39/- PER
EQUITY SHARE FOR CASH AGGREGATING RS. 2500/- LACS (HEREINAFTER REFERRED TO AS THE
"ISSUE"), INCLUDING EMPLOYEE RESERVATION OF 6,41,026 EQUITY SHARES OF FACE VALUE
OF RS. 10/- EACH AT A PRICE OF RS. 39/- PER EQUITY SHARE FOR CASH AGGREGATING RS. 250/-
LACS (HEREINAFTER REFERRED TO AS THE "EMPLOYEE RESERVATION PORTION"). THE ISSUE
LESS THE EMPLOYEE RESERVATION PORTION SHALL BE HEREINAFTER REFERRED TO AS THE "NET
ISSUE". THE ISSUE WILL CONSTITUTE 44.04% OF THE POST ISSUE PAID-UP CAPITAL OF THE
COMPANY. BASIS OF ALLOCATION The Issue being made through the 100% Book Building Process where up to 50% of the Net
Issue to the public was to be allocated on a proportionate basis to Qualified
Institutional Buyers ("QIBs"). 5% of the QIB Portion was to be available for
allocation on a proportionate basis to Mutual Funds only and the remainder of the QIB
Portion shall be available for allocation on a proportionate basis to all QIBs, including
Mutual Funds, subject to valid Bids being received at or above the Issue Price. Further,
atleast 15% of the Net Issue to the public shall be available for allocation on a
proportionate basis to Non-Institutional Bidders and atleast 35% of the Net Issue to the
public shall be available for allocation on a proportionate basis to Retail Individual
Bidders, subject to valid Bids being received at or above the Issue Price. Public Issue opened on Monday, December 04, 2006 and closed on Friday, December 08, 2006. The details of applications received are as follows:-
Final Demand
A) ALLOCATION TO EMPLOYEES B) ALLOCATION TO RETAIL INDIVIDUAL BIDDERS
C) Allocation to Non Institutional Investors
D) Allocation to Qualified Institutional Buyers
The Board fo Director of the Company at their meeting held on 19/12/2006 has adopted basis of allocation of share as approved by the BSE and has allotted the shares to the various succesful applicants. The dispatch of Refund orders, allotment intimations and RTGS/ECS intimation has been completed as on 21/12/2006. In case the same is not received within ten days, Investors may contact the Registrar to the Issue at the address given below. The Refund orders have been printed with the Bank mandate details as registered, if any with the depositories. The credit in respect of allotment in dematerialised form in Central Depositiory Services India Limited (CDSL) & National Securities Depository Limited (NSDL) to the valid beneficiary accounts have been completed as on 21/12/2006. Applications have been made to BSE & NSE for obtaining listing & trading permission. INVESTORS PLEASE NOTE All future correspondence in this regard may kindly be addressed to the Registrar to the Issue i.e; Bigshare Services Pvt. Ltd., quoting full name of the First/Sole applicant, Serial number of the bid-cum-application form, number of shares bid for, name of the Member of the Syndicate and Race where the bid was submitted and payment details at the address given below:
THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF NISSAN COPPER.LIMITED |
The Nissan Copper IPO basis of allotment (published above) tells you how shares are allocated to you in Nissan Copper IPO and category wise demand of IPO share.
Visit the Nissan Copper IPO allotment status page to check the number of shares allocated to your application.
Useful Articles
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
Zerodha (₹20/trade) Edelweiss (₹10/trade) Upstox (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Reviews (Full-service)
ICICI Direct Motilal Oswal HDFC Sec Sharekhan IIFL Securities More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading HomepageBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI HomepageNRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc