Nelcast Limited is all set to tap the capital markets with an IPO, next week. Nelcast Limited IPO will open for subscription on June 04 2007 and close for subscription on June 08 2007. Nelcast Limited is India’s largest producer of SG Iron Castings and a leading producer of Grey Iron Castings. Nelcast Limited has set the price band for the IPO between Rs. 195 and Rs. 219. The shares of Nelcast Limited will be listed both on the NSE and the BSE. The lead managers for the Nelcast Limited IPO are Karvy Investor Services limited and UTI Securities Ltd. For updates on the subscription / oversubscription ratio of Nelcast Limited IPO and to know the allotment status, refund details and listing date of Nelcast Limited, do check this blog regularly. The registrar for the Nelcast IPO is Bigshare Servies pvt Limited.
Nelcast Limited IPO Prospectus
For more information, read the IPO prospectus of the Nelcast Limited IPO.
What are the prospects for Nelcast IPO. Iron/Steel industry has great future in India
Nelcast IPO Valuations looks good. However I would prefer to wait and have a look at the subscription status of Nelcast IPO on the last day of subscription and then take a call. Ideally, Nelcast IPO should provide good listing gains.
Hi,
What is the date of listing of Nelcast IPO.
Is it good to invest in IPO of the same.
Regards
Chakradhar
@ Chakradhar - Nelcast Limited is likely to list on the last week of June.
Invest in the nelcast ipo, if institutional investor category gets oversubscribed by more than 5 times.
Hi,
from where can i get the details about oversubscription and under subscription. pls help me.. i’m a beginner
@MadInvestor - IPO subscription details are available in the nse site
hi..
Nelcast IPO is a good one to invest..
and expected to be take a flight from 300.
Please tell me the date of it’s listing.
I bought 60 shares of the same.
any view on Nelcast. I got 150 shares in IPO