Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |

Nityanand Udyog Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.45 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Unistone Capital Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Nityanand Udyog IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 44,60,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 44,60,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,09,18,071 shares |
| Share Holding Post Issue | 1,53,78,071 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Thu, Jul 24, 2025 |
| SEBI/Exchange approval received | Mon, Nov 10, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
Incorporated in 1976, Nityanand Udyog Limited is involved in the design, engineering, and manufacture of plastic-based assemblies and sub-systems for original equipment manufacturers (OEMs) in India, with a primary focus on the defence sector. The company integrates plastic, sheet metal, rubber, and machined components to deliver assemblies used in defence applications.
Its main business includes supplying plastic hardware for landmines, ammunition packaging, grenade casings, detonator parts, and charge cases. The company also produces custom plastic assemblies for packaging and electronics, and operates a retail unit for woollen and home linen products.
The company designs and develops moulds used for prototyping and production. These moulds are either produced in-house or sourced from specialized vendors.
Manufacturing Facility:
The company operates from a 3,657.79 sq. m. facility in MIDC, Hingna Road, Nagpur, Maharashtra. The unit includes areas for raw material storage, manufacturing, quality control, and finished goods. It also houses an R&D unit for product development and testing.
Over time, the company has shifted from woollen clothing to manufacturing over 100 types of plastic injection-moulded defence components. It holds an ISO 9001:2015 certification.
As of May 31, 2025, the company had 53 employees.
Competitve Sthrenghts:
Nityanand Udyog Ltd.'s revenue increased by 1% and profit after tax (PAT) rose by 60% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 26.12 | 19.14 | 12.93 |
| Total Income | 23.63 | 23.33 | 20.81 |
| Profit After Tax | 4.80 | 2.99 | 3.14 |
| EBITDA | 5.72 | 2.35 | 2.64 |
| NET Worth | 16.04 | 5.66 | 2.67 |
| Reserves and Surplus | 5.12 | 3.73 | 0.74 |
| Total Borrowing | 6.24 | 9.79 | 6.39 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part-finance the cost of establishing new manufacturing facility to expand our production capabilities of sheet metal products and components at Plot No. B-122, Butibori Industrial Area, Butibori, Nagpur, Maharashtra, India (“Proposed manufacturing facility”) | 23.43 |
| 2 | Funding requirement for the upgradation of machinery and equipment at our existing facility | 6.35 |
| 3 | Funding working capital requirements of our Company | 5.00 |
| 4 | General corporate purposes |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 44.27% |
| ROCE | 29.88% |
| Debt/Equity | 0.39 |
| RoNW | 29.95% |
| PAT Margin | 21.60% |
| EBITDA Margin | 25.73% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4.40 | 3.12 |
| Promoter Holding | 88.88% |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to merchant banker | |
| 2 | Book Running Lead Manager’s fees | |
| 3 | Underwriting Fees | |
| 4 | Fees payable to Market Maker to the Issue | |
| 5 | Fees payable to Registrar to the Issue | |
| 6 | Fees payable for Advertising and Publishing expenses | |
| 7 | Fees payable to Regulators including Stock Exchanges & Depositories | |
| 8 | Payment for Printing & Stationery, Postage, etc. | |
| 9 | Fees payable to Statutory Auditor, Legal Advisors and other Professionals | |
| 10 | Others |
Lead Manager Reports
Nityanand Udyog IPO is a SME IPO of 44,60,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Nityanand Udyog IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Nityanand Udyog IPO using UPI as a payment gateway. Zerodha customers can apply in Nityanand Udyog IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Nityanand Udyog IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Nityanand Udyog IPO dates are not announced. Please check back again after some time.
Nityanand Udyog IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Nityanand Udyog 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 Nityanand Udyog IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Nityanand Udyog IPO allotment status.
The Nityanand Udyog IPO listing date is not yet announced. The tentative date of listing is .