100  Total SME IPOs listed in 2025

4,441.26 Crs.  Total funds raised in 2025

69  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

100  Total SME IPOs listed in 2025

4,441.26 Crs.  Total funds raised in 2025

69  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

100  Total SME IPOs listed in 2025

4,441.26 Crs.  Total funds raised in 2025

69  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

100  Total SME IPOs listed in 2025

4441.26 Crs.  Total funds raised in 2,025.00

69  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

Nelcast IPO (Nelcast Limited IPO) Detail

Nelcast Limited is an Steel - Iron based company, located in Gudur, Nelcast Limited IPO size was 95.27 Cr. and was issued at 219.00 per share. The share of Nelcast Limited were listed at 206.25 per share and are currently trading at 148.12 per share.

Type :
Sub Sector : Spheroidal Graphite
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
303.28 Cr.

PAT :
19.77 Cr.

Pricing Report

Issue Price :
219.00

Listing Price :
206.25

Current Market Price :
148.12

Issue Price vs CMP :
104.32 (238.17%)

listing Price vs CMP :
106.87 (259.08%)

Performance Report (CAGR* wise)

CAGR : 6.99
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Nelcast

Company Information
Nelcast Limited established its first factory in 1985 at Gudur, Andhra Pradesh to produce 1200 MT p a of Iron Castings. Later in 1996, Nelcast extended its operations to Ponneri, Tamilnadu by establishing a factory with an installed capacity of 12,000 MT p a, for the manufacture of Grey Iron and Ductile Iron castings. Having started as a small ancillary supplier to Ashok Leyland Ltd, the Company has through rapid strides grown to possess an installed capacity of 72,000 MT p a which is being increased to 1,02,000 MT p a during the current Financial Year. A TS 16949 accredited organization, Nelcast is today one of the largest manufacturers of Spheroidal Graphite (SG) Iron Castings in India.The Company was founded by Mr.P.Radhakrishna Reddy, a metallurgical
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Object of Issue
  • To finance the expansion and modernisation of the production facilities at both the units of the Company and
  • To meet the incremental working capital requirement of the Company

Nelcast MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Jun, 2007
IPO Size :
95.27 Cr.
PE Multiple :
12.87
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FAQs

Nelcast operates in Steel - Iron and Spheroidal Graphite. The Issue is listed on BSE,NSE in Jun, 2007. Nelcast IPO size was 95.27 Cr. with Issue price of 219.00 .

Merchant Banker(s) of Nelcast IPO: Karvy Investor Services Limited

Nelcast IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Nelcast IPO listed at a listing price of 206.25 against the offer price of 219.00.

The current market price of Nelcast is 148.12.

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