247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Niraj Cement Structurals Limited IPO (Niraj Cement Structurals IPO) Details

Niraj Cement Structurals Limited is an Infrastructure based company, located in Mumbai, Niraj Cement Structurals Limited IPO size was 61.75 Cr. and was issued at 190.00 per share. The share of Niraj Cement Structurals Limited were listed at 190.15 per share and are currently trading at 58.65 per share.

Type :
Sub Sector : Infrastructure Development Building Roads Airport Upgradation Bridges Airport Runways
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
79.66 Cr.

PAT :
6.37 Cr.

Pricing Report

Issue Price :
190.00

Listing Price :
190.15

Current Market Price :
58.65

Issue Price vs CMP :
131.35 (69.13%)

listing Price vs CMP :
131.5 (69.16%)

Performance Report (CAGR* wise)

CAGR : -6.84
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Niraj Cement Structurals

Company Information
Niraj Cement Structurals Limited is an engineering and construction company focusing on road construction development. They were incorporated on April 1, 1998, as a private company. They took over the business of Niraj Cement Structurals (partnership firm) in December 1999, which had been engaged in the cement structural business since 1987. They are involved in the construction of road projects through sub-contracting. Headquartered in Mumbai, they have the capability to execute various road construction projects. Their present areas of operations include sub-contracting, including providing EPC services. They own a fleet of construction equipment, either directly or through joint ventures. They believe that their employee resources and fleet of equipment, along with their engineering skills and capabilities, enable them to successfully implement a wide variety of
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Object of Issue
  • Investment in capital equipment
  • Funding long term working capital requirements
  • To meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges
  • General Corporate Purposes

Niraj Cement Structurals MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Jun, 2008
IPO Size :
61.75 Cr.
PE Multiple :
20.65
Merchant Banker :
Allahabad Bank
IPO Registrar:
Link Intime India Private Limited

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FAQs

Niraj Cement Structurals operates in Infrastructure and Infrastructure Development Building Roads Airport Upgradation Bridges Airport Runways. The Issue is listed on MainBoard in Jun, 2008. Niraj Cement Structurals IPO size was 61.75 Cr. with Issue price of 190.00 .

Merchant Banker(s) of Niraj Cement Structurals IPO: Allahabad Bank

Niraj Cement Structurals 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.

Niraj Cement Structurals IPO listed at a listing price of 190.15 against the offer price of 190.00.

The current market price of Niraj Cement Structurals is 58.65.

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