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May 28, 2008

Niraj Cement Structurals Ltd - IPO

Niraj Cement Structurals Ltd (NCSL)


26-May to 30-May 2008

Size (Equity Shares)




100% Book Building

Face Value 

Rs. 10- 

Price Range 

Rs 175 to Rs 190

Market Lot 


Max shares Retails investor can apply at cut off



Intime Spectrum Registry Ltd

Registrar's email

Lead Manager 

Allbank Finance Limited





About the company 

Incorporated : 1998, Engaged in the infrastructure development, building roads, airport upgradation, bridges, airport runways, pavements, industrial structures, ready mix concrete and others. The company is operating from Mumbai and at present executing project in Orissa and Maharashtra.

NCSL's have a fleet of construction equipment.

The list of projects completed by company: Worli Bandra Sea Link Package-III, Apron Flooring in connection with Construction of Air India Hanger Project, Mumbai; Dry Lean Concrete & Pavement Quality with Slip Form Paver at Part Kon to Kalamboli; Replacement of existing concrete pavement (apron) panels in front of Air India Hanger No. 1 & 2 at Old Airport; New Fire Station at Mumbai Airport Mumbai, SH Rigid Pavement; Execution of Track linking works in between Tomka-Keonjhar on E.C. Railway.

Under execution: Widening to 4/6 lanes and strengthening of existing 2 lane carriageway of NH-60 in the state of Orissa, LBS Marg from Sion to Kanjurmarg & Kanjurmarg to Mulund Check Naka; Dam & Spilway under Tuirial Hydro Electric Power Station Project Mizoram; Strengthening and Extension of Container Yard at NMPT With Paver Blocks; Providing Heavy Duty Pavement in Mangalore; Providing Paver Block Pavement at Main Gate, KK Gate and Seamen's Circle Junction in the Wharf Area in Mangalore etc.


Objects of the Issue

Investment in capital equipment;

Funding long term working capital requirements;

To meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges;

General corporate purposes.

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