Nitco Tiles IPO Details

Bookbuilding IPO | ₹168 Cr | Listing at BSE, NSE | Wed, Feb 22, 2006 - Mon, Feb 27, 2006 P

Nitco Tiles IPO is a book build issue of ₹168.00 crores. The issue is entirely a fresh issue of 1.00 crore shares of ₹168.00 crore.

Nitco Tiles IPO bidding started from Feb 22, 2006 and ended on Feb 27, 2006. Nitco Tiles IPO will list on BSE, NSE with a The tentative listing date fixed as .

Nitco Tiles IPO is set final issue price at ₹168 per share.

The book running lead manager (Not declared yet) and The registrar of the issue (Not declared yet).

Refer to for detailed Information.

IPO Open

Wed, Feb 22, 2006

IPO Close

Mon, Feb 27, 2006

Issue Price

₹168 per share

Market Cap (Pre-IPO)

₹374.16 Cr

IPO Details

IPO Date22 to 27 Feb, 2006
Listing Date[.]
Face Value10 per share
Price Band₹140 to ₹168
Issue Price₹168 per share
Lot Size
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE, NSE

Total Issue Size1,00,00,000 shares
(agg. up to ₹168 Cr)
Fresh Issue 1,00,00,000 shares
(agg. up to ₹168 Cr)
Share Holding Pre Issue1,22,71,330 shares
Share Holding Post Issue2,22,71,330 shares

IPO Timetable (Tentative)

Issue Reservation

Nitco Tiles IPO comprises a total issue size of 1,00,00,000 shares. The net offer to the public is 90,00,000 shares, after excluding 10,00,000 shares under a preferential allotment. Of the Net offer 45,00,000 (50.00%) are allocated to QIB, 13,50,000 (15.00%) allocated to NII 31,50,000 (35.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
QIB Shares Offered 45,00,00050.00%45.00%
NII (HNI) Shares Offered 13,50,00015.00%13.50%
Retail Shares Offered 31,50,00035.00%31.50%
Preferential Reservations
Employee Shares Offered 10,00,00010.00%
Total Shares Offered 1,00,00,000100.00%100.00%

Investor Category Reservations

Application CategoryMaximum Bidding LimitsBidding 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
  • Employee limit: (In certain cases, employees are given discount if bidding amount is upto Rs. 2 lakhs)
  • If applying as RII: Upto Rs. 2 lakhs
  • If applying as NII: sNII > Rs. 2 lakhs and upto Rs. 10 lakhs and bNII > Rs. 10 lakhs
Yes for Employee and RII/NII

About Nitco Tiles Ltd.

Contact Details

Nitco Tiles Ltd. Address
Open an Instant Account with Zerodha

IPO FAQs

Nitco Tiles IPO is a main-board IPO of 1,00,00,000 equity shares of the face value of ₹10 aggregating up to ₹168 Crores. The issue is priced at ₹168 per share. The minimum order quantity is .

The IPO opens on Wed, Feb 22, 2006, and closes on Mon, Feb 27, 2006.

is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Nitco Tiles IPO using UPI as a payment gateway. Zerodha customers can apply in Nitco Tiles IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Nitco Tiles IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Nitco Tiles IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Nitco Tiles IPO opens on Wed, Feb 22, 2006 and closes on Mon, Feb 27, 2006.

Nitco Tiles IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Nitco Tiles 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 Nitco Tiles IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Nitco Tiles IPO allotment status.

The Nitco Tiles IPO listing date is not yet announced. The tentative date of listing is .

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