87  Total SME IPOs listed in 2025

3,963.65 Crs.  Total funds raised in 2025

60  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

87.00  Total SME IPOs listed in 2025

3,963.65 Crs.  Total funds raised in 2025

60  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

87  Total SME IPOs listed in 2025

3,963.65 Crs.  Total funds raised in 2025

60  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

87  Total SME IPOs listed in 2025

3963.65 Crs.  Total funds raised in 2,025.00

60  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

Nitiraj Engineers IPO (Nitiraj Engineers Limited IPO) Detail

Nitiraj Engineers Limited is an Electric Equipments based company, located in Mumbai, Nitiraj Engineers Limited IPO size was 22.01 Cr. and was issued at 100.00 per share. The share of Nitiraj Engineers Limited were listed at 94.50 per share and are currently trading at 205.15 per share.

Type :
Sub Sector : Manufacture And Sale Of Wide Range Of Electronic Weighing Scales And Systems Currency Counting Machines And Electronic Fare Meters
SME IPO
NSE EMERGE

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

Revenue :
64.02 Cr.

PAT :
9.02 Cr.

Pricing Report

Issue Price :
100.00

Listing Price :
94.50

Current Market Price :
205.15

Issue Price vs CMP :
105.15 (105.15%)

listing Price vs CMP :
110.65 (117.09%)

Performance Report (CAGR* wise)

CAGR : 9.03
-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 Nitiraj Engineers

Company Information
Nitiraj Engineers is an ISO 9001:2008 certified company, engaged in the manufacture and sale of wide range of Electronic Weighing Scales and Systems, Currency Counting Machines and Electronic Fare Meters. Their product portfolio range caters to both industrial and domestic consumption. Their products are manufactured at their manufacturing unit located at Parwanoo, Himachal Pradesh. They also have manufacturing facility at Silvassa, UT which is not under active use currently. They supply their products under the brand through their large network of dealers to their customers in India as well as abroad. The Company was originally incorporated as Nitiraj Engineers Private Limited under Part IX of the Companies Act, 1956 and the Certificate of Incorporation was issued by the Assistant Registrar of Companies, Maharashtra, Mumbai on
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Object of Issue
  • Development of new products
  • Setting up manufacturing Unit for the existing and new range of products
  • Expansion of Marketing Network and Brand building
  • General Corporate Purposes
  • Issue Expenses

Nitiraj Engineers SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Mar, 2017
IPO Size :
22.01 Cr.
PE Multiple :
9.00
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FAQs

Nitiraj Engineers operates in Electric Equipments and Manufacture And Sale Of Wide Range Of Electronic Weighing Scales And Systems Currency Counting Machines And Electronic Fare Meters. The Issue is listed on NSE EMERGE in Mar, 2017. Nitiraj Engineers IPO size was 22.01 Cr. with Issue price of 100.00 .

Nitiraj Engineers 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.

Nitiraj Engineers IPO listed at a listing price of 94.50 against the offer price of 100.00.

The current market price of Nitiraj Engineers is 205.15.

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