Nitin Fire Protection Industries Ltd. (NFPIL) IPO Allotment Status is out and can be checked by clicking here

Earlier the issue was closed on 18-05-2007 and was oversubscribed about 50 times

QIBs: 49.91 times
Non-Institutional Investors: 101.32 times
Retail: 30.29 times
Employees: 1.1 times
Overall: 48.48 times

Nitin Fire Protection Industries (NFPIL) is entering the capital market with an IPO of 33,90,000 equity shares of Rs 10 each for cash at a premium to be decided through the 100% Book-Building Process.

The price band of the issue has been fixed between Rs 171 and Rs 190 per equity share. The subscription to the Issue opens on May 15, 2007 and closes on May 18, 2007.


About Nitin Fire Protection Industries Ltd. (NFPIL) IPO:
Issue opens on: Tuesday, May 15, 2007
Issue closes on: Friday, May 18, 2007
Price Band: Rs.171/- to Rs.190/- per equity share


About Nitin Fire Protection Industries Ltd. (NFPIL)
Nitin Fire Protection Industries Ltd. (NFPIL) has been an established player in the business of fire protection, safety & security and that of high-pressure seamless cylinders for more than a decade. Starting from the basic level fire extinguishers to the sophisticated gas based suppression systems for ‘mission critical’ areas, the company provides a wide and diverse range of products and services through tie-ups with overseas manufacturers and design innovators.