Analysis and Insights into the world of IPOs and investing in India

Thursday, March 15, 2012

National Building Construction Corporation (NBCC) IPO opens from March 22, 2012

National Building Construction Corporation Limited is coming up with an IPO of Equity Shares as part of divestment programme of Rs.40,000 Crore prepared by government for FY 2012. It is an offer for sale by the government, which comprises a net offer to the public of 1.188 crore shares and a reservation of 1.2 lakh equity shares for subscription by eligible employees

National Building Construction Corporation (NBCC) is engaged in the business of project management consultancy services for civil construction projects; civil infrastructure for power sector; and real estate development

The IPO would remain open for subscription between March 22, 2012 to March 27, 2012. This would be the last issue under divestment programme of FY2012
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