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13 July 2020

IPO Synopsis

Nirmitee Robotics India Ltd
Registered Office: C/o Manisha Sales,D 3/2 Hingna MIDC , Nagpur - 440028 , Maharashtra , India.
Phone : 91-9422881677   Fax:
Email :  
Website :
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 the company. The Face value of the equity shares is (Rs)10 and the issue price is 18.5 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
31-Mar-20 09-Apr-20 (Rs)185.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :600  Further Multiples of :600

  (Rs Cr) Lead Managers to the Issue
Project Cost 2.83
Aryaman Financial Services Ltd
Project Financed through Current Offer 3.24  
Post Issue Equity Share Capital 0.60  
Issue Price (Rs)185.00  
Redemption of Preference SharesGeneral Corporate Purpose
Security Deposit towards acquisition of Registered office, R & D facility & assembling unit
Promoted By
Jay Prakash Motghare  
Kartik Eknath Shende  
Rajesh Narendra Admane  
Listing At
Registrar to the Issue
Bigshare Services Pvt Ltd 
Toll Free number: 1800-425-5501 / 1800-103-5501