IPO

IPO Synopsis

Nirmitee Robotics India Ltd
Initial public issue of 1,75,200 equity shares of Rs. 10 each ("Equity Shares") of Nirmitee Robotics India Limited ("NRIL" or The "Company") for cash at a price of Rs. 185 per share (The "Issue Price"), aggregating to Rs. 3.24 crores ("The Issue") , of which 9,600 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (The "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. Issue of 1,65,600 equity shares of Rs. 10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 29.19% and 27.59%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 and the issue price is 18.5 times of the face value.
Issue
Opens On Closes On
31-Mar-20 09-Apr-20
Money Payable On
Application Allotment
185.00 0.00
Minimum Application for shares in Nos : 600 Further Multiples of : 600
Cr Lead Managers to the Issue
Project Cost (.Cr) 2.83 Aryaman Financial Services Ltd
Project Financed through Current Offer (.Cr) 3.24  
Post Issue Equity Share Capital (.Cr) 0.60
Issue Price () 185.00
Projects
Redemption of Preference Shares
Security Deposit towards acquisition of Registered office, R & D facility & assembling unit
General Corporate Purpose
Promoted By
Jay Prakash Motghare
Kartik Eknath Shende
Rajesh Narendra Admane
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd