Invest in NBCC IPO

Please Share:: India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��

INITIAL PUBLIC OFFERING NATIONAL BUILDINGS CONSTRUCTION CORPORATION LTD.  5% DISCOUNT ON OFFER PRICE FOR RETAIL APPLICANTS RATING: “CARE IPO GRADE 4/5”      ISSUE PERIOD:  22 - 27 MARCH, 2012  OPEN FOR NRIs

Dear Customer, National Buildings Construction Company Ltd (NBCC) was incorporated in the year 1960 as a wholly owned Govt. of India (GOI) undertaking under Ministry of Urban Development (MoUD). It is engaged in the business of Project Management Consultancy (PMC), Civil Infrastructure & Real Estate Development for Central & State Government. The President of India acting through the MoUD, GOI holds 100% of the company’s equity share capital.

Company Highlights   Recognition Head-quartered in New Delhi, has additional 10 Zonal offices across India Projects Undertaken spread across 23 states & 1 Union Territory in India Revenue Structure: PMC contributed 93.36%, Civil Infrastructure 2.02% & Real Estate Development contributed 4.61% to the Total Operating Income for FY11 Order book: Rs. 10,613.68 Crores, as of 31st Jan , 2012 Undertaken various overseas projects in addition to those within India Successfully executed 43 projects across construction of buildings, road works, commercial complexes, hospital from April 2006- September 2011 Received ISO 9001:2008 accreditation for its Consultancy & Project Management Division

DETAILS OF THE IPO Company Name National Buildings Construction Corporation Ltd. Issue Period March 22- March 27, 2012 Price Band Rs. 90/- to Rs. 106/- Lot Size 60 Equity share and multiple of 60 equity shares thereafter Issue Size Rs. 126 crores Face Value Rs. 10 each Listing To be listed on NSE & BSE Rating CARE IPO Grade 4/5 Discount 5% discount on offer price to retail applicants Who Can Invest Resident Indian individuals, HUF, companies, corporate bodies, scientific institutions, societies and trusts, NRIs (Non Repatriation basis only)