Neel Metal Products Limited has recently filed DRHP with SEBI for its Initial Public Offering of 52,51,0000 equity shares of Rs 10 each at a premium do be decided later through the book building process. The net issue to the public constitutes of 49,88,450 equity shares with 2,62,550 equity shares reserved under the Employees category. The net issue will constitute 33.25% of the fully diluted post paidup capital of the company.
Neel Metal Products Limited is a part of the JBM group of companies, which is a prominent player in the automotive components manufacturing industry in India. The Company is an integrated steel processing and automotive products manufacturer, whose integrated facilities enable it to manufacture a wide spectrum of automotive components, ranging from production of steel blanks, steel tubes for two-wheelers, frames for scooters, wheel rims, stamped components and complete fabricated and painted body for three-wheelers.
NKG Infrastructure Limited is planning an public issue of 63 Lakh equity shares at a face value of Rs 10 each at a premium of the shares to be decided later through the book building process. The NKG IPO will constitute 44.41% of the fully diluted post issue paid up capital of the company.
Hyderabad based Rithvik Projects Limited is planning to come out with an IPO and has recently filed its DRHP prospectus with SEBI.Rithvik Projects Limited IPO would issue 52 lakh equity shares at Rs 10 each with a premium to be decided later through the book building process.Net issue of the Rithvik Projects IPO is 47 lakh equity shares to the public and 5 lakh equity shares are reserved for the employees.
Avon Weighing Systems Limited has recently filed its Red Herring Draft Prospectus with the SEBI for an initial public offering of 98,36,400 equity shares at a cash price of Rs 10 aggregating to Rs 983.64 Lakhs. Avon Weighing Systems IPO would be a fixed price IPO at price of Rs 10 to the public.
onMobile Global Limited has recently filed its DRHP with SEBI for an Initial Public Offering (IPO) of 10,900,545 equity shares of Rs 10 each for an premium to be decided later through the book building process. The issue would constitute 18.99% of the fully diluted post paid up capital of the company.
Kolkata based Ramsarup Lohh Udyog Limited is planning to go for an Public issue of 3,00,00,000 equity shares of Rs. 10 each for cash at a premium which is to be decided later in the book building process. Net offer to the Public would be 2,70,00,000 equity shares which would constitute 39.17% of the fully diluted post issue paid up capital of the company.