IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Nityanand Udyog Ltd

Registered Office : Plot No.6-A MIDC Hingna Road,MIDC Nagpur,Nagpur Maharashtra 440016 Phone : +91 92265 39753
Fax :

Email : cs@nityanandudyog.com

Website : www.nityanandudyog.com

Initial public issue of up to 44,60,000 equity shares of face value of Rs. [*] each ("equity shares") of Nityanand Udyog Limited ("Company" or "Issuer") for cash at a price of Rs. [*] per equity share (including a Share Premium of Rs. [*] per Equity Share) ("Issue Price") aggregating up to Rs. [*] crores of which up to [*] equity shares of face value of Rs. [*] each for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of [*] equity shares of face value of Rs.10/- each at a price of Rs.[*] per equity share aggregating to Rs. [*] is herein after referred to as the "Net Issue". The issue and the net issue will constitute [*] % and [*] % respectively of the post issue paid up equity share capital of the company. the face value of equity shares is Rs. [*] each. The issue price is [*] times the face value of the equity shares. The company in consultation with brlm may consider a further issue of specified securities, including by way of a private placement, rights issue, preferential offer or any other method as may be permitted under applicable law to any person(s), aggregating up to Rs. 2.00 crores, at its discretion, prior to the filing of the red herring prospectus with the roc ("pre-ipo placement"). if the pre-ipo placement is undertaken, the fresh issue size will be reduced to the extent of such pre-ipo placement, subject to the net offer constituting at least 25% of the post-issue paid-up equity share capital of the company. The face value of equity shares is Rs. 10/- each. The offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

Issue

Opens On

Closes On

01-Jan-1970

Money Payable On

Application

Allotment

0.00

Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

Unistone Capital Private Limited

Projects

Part-finance the cost of establishing new manufacturing facility to expand our production capabilities of sheet metal products and components at Plot No. B-122, Butibori Industrial Area, ("Proposed mfg facility")

Funding requirement for the upgradation of machinery and equipment at our existing facility

Funding working capital requirements of our Company

General corporate purposes

Promoted By

Gaurav Agarwal

Pradeep Agarwal

Listing At

BSE - SME

Registrar to the Issue

MUFG Intime India Pvt Ltd