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NIRMITEE ROBOTICS INDIA LIMITED IPO DETAILS

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NIRMITEE ROBOTICS INDIA LIMITED IPO MEMBERSHIP PERIOD FROM MARCH 31 TO APRIL 09, 2020:

In any case, the company Nirmitee Robotics India Ltd. embodied in 2016. Especially, it makes robots. So at that point, it utilizes automated innovation to offer ozone cleansing and HVAC duct cleaning services. Furthermore, the organization presented another first sale of stock. Namely Nirmitee Robotics India Limited IPO. Essentially, the IPO membership period stayed opened from Mar 31 till April 9, 2020.


Nirmitee Robotics India Ltd. IPO Details: Bid Period

Mar 31, 2020 – Apr 9, 2020

IPO Type: Fixed Price Issue IPO

IPO Size: 175,200 Eq Shares of ₹10 (averaging up to ₹3.24 Cr)

Face Value: ₹10 Per Equity Share

IPO Price: ₹185 Per Equity Share

Market Lot: 600 Shares

Min Order Quantity: 600 Shares

Listing At: BSE SME

P/E (x): 185

Market Cap (₹ Cr.): 11.1



In the first, the issue came to fruition with an assumed worth of â‚¹10 per value share. Additionally, the size of the issue remained as 175,200 eq portions of ₹10 (averaging up to ₹3.24 Cr).  Moreover, the cost of the issue remained Rs 185 for every value share.

Notwithstanding, the base request amount of the issue remained at 600 offers. In addition, the open issue stays recorded at BSE SME.


Advertiser Holdings :

Altogether, Mr. Jay Prakash Motghare, Mr. Kartik Eknath Shende, and furthermore Mr. Rajesh Narendra Admane bargain as the advertisers.


Pre Issue Share Holding: 100%

Post Issue Share Holding: 70.81%


Objectives of the Issue : 

Firstly, it focuses on the redemption of preference shares. Secondly, it raised funds for the Acquisition of Registered Office, R & D facility. And also, assembling unit on a long term sustainable basis. Thirdly, the company would use for its general corporate purpose.

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