National Buildings Construction Corporation Limited is entering into primary market with an Initial Public Offering (IPO) of 12,000,000 Equity Shares of Rs 10 each. The IPO is opening on 22nd March 2012 and the shares will be available for subscription up to 27th March 2012. The premium of the issue will be decided through a 100% Book Building Process. The price band for the issue has not been fixed yet. The company is likely to raise around Rs —- Crore through the issue at the upper level of price band. New Delhi based National Buildings Construction Corporation Limited (NBCC Ltd.) is a state-owned public sector company engaged in the business of project management consultancy services for civil construction projects, civil infrastructure for power sector and real estate development.
The proceed IPO”s purpose is to carry out the disinvestment of 12,000,000 Equity Shares by the Government and to achieve the benefits of listing the Equity Shares on the Stock Exchanges.
IPO (Initial Public Offering) Summary :-
IPO Opens : 22nd March 2012
IPO Closes : 27th March 2012
IPO Type : 100% Book Built Issue IPO
IPO Size : 12,000,000 Equity Shares of Rs 10 each
IPO Size : Rs —- Crore
Face Value : Rs 10 Per Equity Share
IPO Price Band : Rs — – Rs — Per Equity Share
Minimum Bid Quantity : — Shares
Maximum Bid Quantity : — Shares
Listing At : BSE, NSE
The Book running lead manager (BRLM) to the issue are Enam Securities Private Limited and IDBI Capital Market Services Limited.
Registrar of the Issue : Bigshare Services Pvt. Limited Mumbai.
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