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IPO Synopsis

Nirmitee Robotics India Ltd

Registered Office: C/o Manisha Sales,D 3/2 Hingna MIDC , Nagpur - 440028 , Maharashtra , India.
Phone : 91-9422881677   Fax:N/A
Email :  info@nirmiteerobotics.com  
Website :  www.nirmiteerobotics.com
Initial public issue of 1,75,200 equity shares of (Rs)10 each ("Equity Shares") of Nirmitee Robotics India Limited ("NRIL" or The "Company") for cash at a price of (Rs)185 per share (The "Issue Price"), aggregating to (Rs)3.24 crores ("The Issue") , of which 9,600 equity shares of (Rs)10 each will be reserved for subscription by market maker to the issue (The "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. Issue of 1,65,600 equity shares of (Rs)10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 29.19% and 27.59%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is (Rs)10 and the issue price is 18.5 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
31-Mar-20 09-Apr-20 (Rs)185.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :600  Further Multiples of :600

  (Rs Cr) Lead Managers to the Issue
Project Cost 2.83
Project Financed through Current Offer 3.24  
Post Issue Equity Share Capital 0.60  
Issue Price 185.00  

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