214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Nelcast IPO (Nelcast Limited IPO) Detail

Nelcast IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 95.27 Cr. The company is based in Gudur and caters to Steel - Iron sector. Karvy Investor Services is the merchant banker of Nelcast IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th November -0001. Nelcast IPO open date is 4th June 2007 and close date is 8th June 2007. IPO Allotment Date is 30th November -0001 and Listing date is 27th June 2007.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

Nelcast IPO Date

Date of DRHP:
[●]
IPO Open Date:
4th June 2007
IPO Close Date:
8th June 2007
IPO Allotment Date:
[●]
Initiation of Refund:
[●]
IPO Listing Date:
27th June 2007

Nelcast Limited IPO Info, Size, Subscription

Nelcast IPO size is ₹ 95.27 Cr. with IPO price of ₹ 219.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 95.27 Cr.

Issue Price:
₹ 219.00

Market Capitalisation :
₹ 0.00 Cr.

PE multiple :
12.87

Subscription :
0.00 times

Pre Issue Promoter Holding :
91.10 %

Post Issue Promoter Holding :
68.39 %

Nelcast IPO Information

Sub Sector : Spheroidal Graphite
Nelcast Limited established its first factory in 1985 at Gudur, Andhra Pradesh to produce 1200 MT p a of Iron Castings. Later in 1996, Nelcast extended its operations to Ponneri, Tamilnadu by establishing a factory with an installed capacity of 12,000 MT p a, for the manufacture of Grey Iron and Ductile Iron castings. Having started as a small ancillary supplier to Ashok Leyland Ltd, the Company has through rapid strides grown to possess an installed capacity of 72,000 MT p a which is being increased to 1,02,000 MT p a during the current Financial Year. A TS 16949 accredited organization, Nelcast is today one of the largest manufacturers of Spheroidal Graphite (SG) Iron Castings in India.The Company was founded by Mr.P.Radhakrishna Reddy, a metallurgical
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Object of Issue (Nelcast Limited IPO Objectives)

To finance the expansion and modernisation of the production facilities at both the units of the Company and
To meet the incremental working capital requirement of the Company

Karvy Investor Services Limited is the book-running lead manager of the Nelcast IPO. Bigshare Services Private Limited is the Registrar for Nelcast IPO.

Nelcast Limited IPO Registrar (RTA)

Bigshare Services Private Limited

Nelcast Limited IPO Lead Manager (BRLM)

Karvy Investor Services Limited

Nelcast IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Nelcast IPO?

Nelcast IPO, based in Gudur, operates in the   Steel - Iron sector with a focus on Spheroidal Graphite. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Nelcast IPO size is ₹ 95.27 Cr. with fresh issue size of ₹ 95 Cr. and Offer for sale being ₹ Nil

When is Nelcast Limited IPO allotment?

The IPO allotment date for Nelcast IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Nelcast IPO allotment status on the registrars website, Bigshare Services Private Limited . Nelcast IPO refund dates are 30th November -0001.

When is Nelcast IPO listing date?

Nelcast IPO is expected to be listed on 27th June 2007.

What is the price band for Nelcast Limited IPO?

The upper price band for the Nelcast IPO is set at ₹ 219.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Nelcast IPO Review?

For IPO analysis on Nelcast IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Nelcast IPO?

To apply for the Nelcast IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 8th June 2007. After submission, funds are blocked until the basis of allotment of Nelcast IPO is finalised.

Who is the merchant banker of Nelcast Limited IPO?

The merchant banker for Nelcast IPO is Karvy Investor Services Limited . Karvy Investor Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Nelcast IPO RHP for further details.

Who is the Registrar of Nelcast IPO?

The registrar for Nelcast IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Nelcast IPO through their official website or helpline.

What is the Nelcast IPO subscription?

Nelcast IPO was subscribed 0.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

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Read more details of this IPO

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FAQs

Nelcast IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Nelcast Financial Review Page

Nelcast IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Nelcast IPO listed at a listing price of 206.25 against the offer price of 219.00.

The current market price of Nelcast is 111.07.

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