Nitesh Estates closes at 5.6 percent discount on BSE - Indian IPO Blog

Thursday, May 13, 2010

Nitesh Estates closes at 5.6 percent discount on BSE

Nitesh Estates Ltd., which listed today, closed at Rs.50.95 as against Issue Price of Rs.54/- per equity share, i.e. at a discount of 5.65% to the Issue Price. On the NSE, the share closed at Rs.51.20 per equity share. The share touched an Intra-day High of Rs.58/- and an Intra-day Low of Rs.48.40 on the NSE

Nitesh Estates Limited operates as a real estate property development company in southern India. It develops homes, hotels, office buildings, and retail spaces. The company was founded in 2004 and is headquartered in Bangalore, India

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