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NBCC IPO Price Band announced

NBCC has announced the price band for its upcoming IPO at Rs.90/- to Rs.106/- per equity share. The IPO would remain open for subscription between March 22, 2012 and March 27, 2012

Retail Investors and Employees would be entitled to a discount of 5% on the final issue price of the IPO. This essentially means that if the issue price is fixed at the upper end of the price band, then Retail Investors will get a discount of Rs.5.30 on Rs.106/-, and thereby get shares at price of Rs.100.70/- per share

National Buildings Construction Corporation Limited (NBCC Ltd) is a public sector company engaged in the business of project management consultancy services for civil construction projects, civil infrastructure for power sector and real estate development

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