NATIONAL BUILDINGS CONSTRUCTION CORPORATION LIMITED-NBCC Ltd IPO
Issue Open: March 22, 2012
Issue close: March 27, 2012
Price Band: Rs. 90 – Rs. 106 Per Equity Share
Minimum Bid Size: 60 Equity Shares
Face Value: Rs. 10 Per Equity Share
Issue Type: 100% Book Building
Maximum Subscription Amount for Retail Investor: Rs. 200000
NATIONAL BUILDINGS CONSTRUCTION CORPORATION LIMITED-NBCC Ltd:
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.
IPO Grading / Rating:
CARE has assigned an IPO Grade 4 to NBCC IPO. This means as per CARE, company has ‘Above Average Fundamentals’.
Is it good to invest in this IPO??
Company is good but at the moment, sentiments are not, so you can wait, get it listed and then probably watch it for some time & take decision.