Categories: IPOStocks

NBCC IPO: Review & Recommendations

NBCC (National Buildings Construction Corporation) is out with an IPO of 12,000,000 Equity Shares of Rs. 10 each by way of an offer for sale of Equity shares by Government of India. The price band is Rs. 90 – 106 with 5% discount to retail buyers & employees on the offer price.

The government fixed the share issue price for state-owned National Buildings Construction Corporation’s (NBCC) public offer at Rs 106 per share to raise about Rs 127 crore and would be listed on April 12, 2012.

This post is to collect all the recommendations by experts which might help you to take a decision to invest in NBCC IPO.

Brokers	Recommendation	Download Report
KM Global Finserv	Subscribe at the lower price band
Emkay	Valuation are attractive and there is enough upside even at the top end of IPO price band
Swastika Investmart	Buy NBCC in for long term prospective
AB Money	Subscribe only for short time listing gains. Not recommend from a long term portfolio perspective
Anand Rathi	Subscribe
Way2Wealth	Only conservative investors with defensive mindset can subscribe to this issue
KRChoksey	Subscribe
SMC Global	Subscribe
Hem Securities	Subscribe limited upside

Also I have summarized the recommendations by various newspapers.

Newspaper	Recommendation	Read Report
Hindu Business Line	Investors with a perspective of three years can invest
Economic Times	Subscribe
Business Standard	Strong foundation, reasonable valuation
Mint	attractively priced

You can look at the NBCC IPO reports from broker houses and newspapers and decide for yourself if you would like to go with NBCC or not!

You can read more about NBCC IPO here.

If you find any other report please let me know through comments section or email me at apnaplan.com@gmail.com

Amit

Hi Readers! I am Amit, the mind behind Apnaplan.com I am MBA from NITIE, Mumbai and BIT from Delhi University. This blog is my online diary where I write about my tryst with my investment decisions. In the 400+ posts on this blog you will find articles on Personal Financial Planning, Investments, Retirement Planning, Insurance, Loans, Fixed Deposits, Provident Funds, Stock Markets, Gold, Silver, Real Estate Investment, Credit Cards, Credit Score, Taxation, Inheritance Planning and Reviews on various Financial Products.