Nirmitee Robotics India Ltd - IPO

Nirmitee Robotics India Ltd IPO Details

Initial public issue of 1,75,200 equity shares of Rs. 10 each (Equity Shares) of Nirmitee Robotics India Limited (NRIL or The Company) for cash at a price of Rs. 185 per share (The Issue Price), aggregating to Rs. 3.24 crores (The Issue) , of which 9,600 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (The Market Maker Reservation Portion). The issue less market maker reservation portion i.e. Issue of 1,65,600 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 29.19% and 27.59%, respectively of the post issue paid up equity share capital of thecompany.The Face value of the equity shares is Rs. 10 and the issue price is 18.5 times of the face value.

Objective of issue

Redemption of Preference Shares. Security Deposit towards acquisition of Registered office, R & D facility & assembling unit. General Corporate Purpose.

Nirmitee Robotics India Ltd Contact Details

Nirmitee Robotics India Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@nirmiteerobotics.com

Website - https:, www.nirmiteerobotics.com