Bookbuilding IPO | ₹125 Cr | Listed at BSE, NSE | Thu, Mar 22, 2012 - Tue, Mar 27, 2012
NBCC IPO is a book build issue of ₹124.97 crores. The issue is entirely an offer for sale of 1.20 crore shares of ₹124.97 crore.
NBCC IPO bidding started from Mar 22, 2012 and ended on Mar 27, 2012. The shares got listed on BSE, NSE on Apr 12, 2012.
NBCC IPO price band is set at ₹106 per share. The lot size for an application is 60. The minimum amount of investment required by an retail is ₹6,360 (60 shares) (based on upper price). The lot size investment for sNII is 32 lots (1,920 shares), amounting to ₹2,03,520, and for bNII, it is 158 lots (9,480 shares), amounting to ₹10,04,880.
The issue includes a reservation of up to 1,20,000 shares for employees offered at a discount of ₹5.30 to the issue price.
Axis Capital Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to NBCC IPO RHP for detailed Information.
IPO Open
Thu, Mar 22, 2012
IPO Close
Tue, Mar 27, 2012
Issue Price
₹106 per share
Market Cap (Pre-IPO)
₹1,272.00 Cr
| IPO Date | 22 to 27 Mar, 2012 |
| Listed on | Thu, Apr 12, 2012 |
| Face Value | ₹10 per share |
| Price Band | ₹90 to ₹106 |
| Issue Price | ₹106 per share |
| Lot Size | 60 Shares |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Retail Discount | Rs 5.30 per share |
| Employee Discount | ₹5.30 |
| Total Issue Size | 1,20,00,000 shares (agg. up to ₹125 Cr) |
| Offer for Sale | 1,20,00,000 shares of ₹10 (agg. up to ₹125 Cr) |
| Share Holding Pre Issue | 12,00,00,000 shares |
| Share Holding Post Issue | 12,00,00,000 shares |
| BSE Script Code / NSE Symbol | 534309 / NBCC |
| ISIN | INE095N01015 |
NBCC IPO comprises a total issue size of 1,20,00,000 shares. The net offer to the public is 1,18,80,000 shares, after excluding 1,20,000 shares under a preferential allotment. Of the Net offer 59,40,000 (50.00%) are allocated to QIB, 17,82,000 (15.00%) allocated to NII 41,58,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| QIB Shares Offered | 59,40,000 | 50.00% | 49.50% | NA |
| NII (HNI) Shares Offered | 17,82,000 | 15.00% | 14.85% | NA |
| Retail Shares Offered | 41,58,000 | 35.00% | 34.65% | 69,300 |
| Preferential Reservations | ||||
| Employee Shares Offered | 1,20,000 | 1.00% | NA | |
| Total Shares Offered | 1,20,00,000 | 100.00% | 100.00% | |
Investors can bid for a minimum of 60 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 60 | ₹6,360 |
| Retail (Max) | 31 | 1,860 | ₹1,97,160 |
| S-HNI (Min) | 32 | 1,920 | ₹2,03,520 |
| S-HNI (Max) | 157 | 9,420 | ₹9,98,520 |
| B-HNI (Min) | 158 | 9,480 | ₹10,04,880 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Incorporated in 1960, National Buildings Construction Corporation Limited (NBCC Ltd) is a public sector company engaged in the business of project management consultancy services for civil construction projects ("PMC"), civil infrastructure for power sector and real estate development. NBCC is headquartered in New Delhi and in addition they have 10 regional / zonal offices across India.
Company's PMC projects segment includes residential and commercial complexes, redevelopment of buildings and colonies, hospitals, educational institutions, infrastructure works for security personnel, border fencing as well as infrastructure projects such as roads, water supply systems, storm water systems and water storage solutions. Some of their clients are ESIC, Ministry of Defence, Ministry of Home Affairs (including Security forces like CRPF, CISF, NSG, BSF), Ministry of External Affairs, MoUD, Ministry of Commerce and Industry, Ministry of Corporate Affairs, Ministry of Finance, Haryana Urban Infrastructure Development Board, IIT Roorkee, IIT Kharagpur, IIT Patna, SVNIT etc.
NBCC Ltd's civil Infrastructure for power sector segment includes providing engineering and construction services for power projects, including design and execution of civil and structural works for power projects, Cooling towers and Chimneys. Some of their clients in this segment include NTPC Limited, BHEL, APGENCO Ltd, Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd, MAHAGENCO Ltd and Karnataka Power Corporation Ltd. Their real estate segment includes residential projects and commercial projects.
NBCC Ltd have successfully completed 8 real estate development projects. They have in hand 4 residential Ongoing Projects, 6 residential Forthcoming Projects and 3 commercial Ongoing Projects and 6 Forthcoming Projects.
| Period Ended |
|---|
| Amount in ₹ Crore |
| KPI | |
|---|---|
| RoNW | 2147% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 20% | 20% |
| Market Cap | ₹1,272.00 Cr. |
The NBCC IPO is subscribed 4.93 times on March 27, 2012 5:00:00 PM (Day 4). The public issue subscribed 3.4 times in the retail category, 7.07 times in the QIB category, and 1.7 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 7.07 | 59,40,000 | |
| NII | 1.7 | 17,82,000 | |
| Retail | 3.4 | 41,58,000 | |
| Employee | 0.09 | 1,20,000 | |
| Total | 4.93 | 1,20,00,000 |
The promoter of NBCC, Government of India, has offered 5% discount to retail investors and eligible employees in NBCC IPO shares. The NBCC IPO discount will be applicable on the price fixed for NBCC shares through this IPO.
CARE has assigned an IPO Grade 4 to NBCC IPO. This means as per CARE, company has 'Above Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read NBCC IPO Report
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees of the Book Running Lead Managers | 2.43 |
| 2 | Underwriting and selling commission (including commission to SCSBs for ASBA Applications) | 0.18 |
| 3 | Expenses for advertisement and marketing | 0.87 |
| 4 | Other Expenses (Legal Charges, etc) | 0.38 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹106.00 | ₹106.00 |
| Open | ₹100.00 | ₹101.00 |
| Low | ₹95.05 | ₹95.95 |
| High | ₹101.00 | ₹101.00 |
| Last Trade | ₹97.05 | ₹96.95 |
Lead Manager Reports
NBCC IPO is a main-board IPO of 1,20,00,000 equity shares of the face value of ₹10 aggregating up to ₹125 Crores. The issue is priced at ₹106 per share. The minimum order quantity is 60.
The IPO opens on Thu, Mar 22, 2012, and closes on Tue, Mar 27, 2012.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in NBCC IPO using UPI as a payment gateway. Zerodha customers can apply in NBCC IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in NBCC IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The NBCC IPO opens on Thu, Mar 22, 2012 and closes on Tue, Mar 27, 2012.
NBCC IPO lot size is 60, and the minimum amount required for application is ₹6,360.
You can apply in NBCC IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for NBCC IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the NBCC IPO allotment status.
The NBCC IPO listing date is on Thu, Apr 12, 2012.
