Nitin Fire Protection is all set to tap the Indian capital markets with an IPO which is scheduled to open later this month. Nitin Fire Protection IPO issue opens on 15 May 2007 for subscription and closes on 18 May 2007. Nitin Fire Protection IPO is a 100% book building IPO. Nitin Fire Protection has fixed the price band for its IPO between Rs. 171 and Rs. 190 per share. The Nitin Fire Protection IPO size is estimated to be Rs. 65 crores. The lead managers for Nitin Fire Protection IPO are Karvy investor services and UTI Securities. The registrar for the Nitin Fire Protection Industries Limited IPO is Bigshare Services. Post IPO, Nitin Fire Protection will list on both the NSE and the BSE. However, Nitin Fire Protection is not eligible for entry into the futures and options segment.
For updates on the subscription / oversubscription ratio of Nitin Fire Protection IPO and to know the allotment status, refund details and listing date of Nitin Fire Protection IPO, do check this blog regularly.
Nitin Fire Protection Industries Limited Prospectus
For more information, read the IPO prospectus of the Nitin Fire Protection IPO Issue.