In this article, we will look at the Review, Analysis and Details of the Nitesh Estate IPO and try to do the Review and analysis of Nitesh Estate IPO.
Nitesh Estate IPO: Review Analysis & Details
Some basic details first about the Nitesh Estate IPO, which are available as of now:- The size of Nitesh Estate IPO is expected to be around 405 Crore Rs.
- The money or capital colelcted will be used for property development, investments in subsidiary companies and repayment of existing loans of the company
- Anchor invetors include big names like Helion Capital, Nomura, HDFC Mutual Fund, SBI Mutual Fund
What is the issue size of the Nitesh Estate IPO?
Around 405 Crore Rs is the size of the IPO.
How will the capital raised by Nitesh Estate IPO be used?
The Proceeds of IPO will be used for multiple purposes: property development, investments in subsidiary companies and repayment of existing loans of the company.
What is the price band of Nitesh Estate IPO?
The price band is at 54 to 56 Rs. per share - final price to be decided by a 100% book building process
How many shares will be sold in the Nitesh Estate IPO?
No details available about the total no. of shares to be sold.
What is the trading symbol & exchange for the Nitesh Estate IPO
No info about that
What are the IPO dates for Nitesh Estate IPO
The IPO for Nitesh Estate is currently open dates are 23 to 27 APril 2010
Any ratings given to Nitesh Estate IPO?
Yes - a rating of 2 out of 5 is assigned to Nitesh Estate IPO, which indicate bad fundamentabls.
What are the analysts recommendations for this IPO?
The market experts believe that Nitesh Estate IPO is costly - it should be avoided. The net worth of the company appears to be negative, the so called "land bank" ratio is also not looking attractive.
What are the business results for Nitesh Estate?
No info about that.
No comments:
Post a Comment