Nice Projects Ltd - IPO

Nice Projects Ltd IPO Details

Public issue of 82,36,000 equity shares of face value of Rs.10/- each fully paid up of Nice Projects Limited (nice or npl or the company, issuer company or the issuer) for cash at a price of Rs.(*) Per equity share (the issue price) (including share premium of Rs.(*) Per equity share) aggregating to Rs.(*) Crores (the issue) by the company, of which 4,52,000 equity shares of face value of Rs.10/- each fully paid up will be reserved for subscription by market maker to the issue (market maker reservation portion). The issue less the market maker reservation portion i.e. issue of 77,84,000 equity shares of face value of Rs.10/- each fully paid up is hereinafter referred to as the net issue. The issue and the net issue will constitute 37.76% and 35.69% respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10/- each.

Objective of issue

Funding the Working Capital Requirements of the company. General Corporate Purpose.

Nice Projects Ltd Contact Details

Nice Projects Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - niceppl@niceppl.com

Website - www.niceppl.com