National Buildings Construction Corporation IPO (Initial Public Offering) : Settled at 8.44% discount on debut

National Buildings Construction Corporation Limited’s shares got debuted today at Rs 100.00, a 6.15% discount over its initial public offering (IPO) price of Rs 106.00 on the Bombay Stock Exchange (BSE). At the end of the day, shares price was Rs 97.05 which is a discount of 8.44% over the issue price of Rs 106.00. The stock hit a high of Rs 101.00 and a low of Rs 95.05 on the listing day 12th April 2012. A total of 1,200,796 shares changed hands on the BSE. 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.

NBCC IPO (Initial Public Offering) Listing day Summary :-
Listing Date: 12th April 2012
BSE Scrip Code : 534309
NSE Symbol : NBCC
Listing In : ‘B’ Group of Securities
ISIN : INE095N01015
Issue Price : Rs 106.00 Per Equity Share
Face Value : Rs 10.00 Per Equity Share

On the BSE:-
Issue Price: Rs 106.00
Open : 100.00
High : 101.00
Low : 95.05
Close : 97.05
Last Trade : 97.05

The equity shares offered through the IPO are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

The Book running lead managers (BRLM) to the issue are Enam Securities Private Limited and IDBI Capital Market Services Limited.

Registrar of the Issue : Bigshare Services Pvt Ltd Mumbai.

Stay tuned to BelltheBull Blog for more on National Buildings Construction Corporation Limited (NBCC) IPO !

Google+

Tagged as: Initial public offering, IPO Listing, IPO News