{"id":1678,"date":"2012-03-18T18:43:42","date_gmt":"2012-03-18T18:43:42","guid":{"rendered":"http:\/\/www.apnaplan.com\/?p=1678"},"modified":"2012-03-26T03:43:53","modified_gmt":"2012-03-26T03:43:53","slug":"nbcc-ipo-details-review-allotment","status":"publish","type":"post","link":"https:\/\/www.apnaplan.com\/nbcc-ipo-details-review-allotment\/","title":{"rendered":"NBCC IPO : Price Band, Details, Review & Allotment"},"content":{"rendered":"

\"NBCC<\/a>NBCC (National Buildings Construction Corporation)<\/strong> is coming out with an IPO of 12,000,000 Equity Shares of Rs. 10<\/strong> each by way of an offer for sale of Equity shares by Government of India.<\/p>\n

NBCC: Company Overview:<\/h2>\n

Incorporated in 1960 as a wholly owned Government of India undertaking under Ministry of Urban Development (MoUD), NBCC is engaged in the in the business of providing:<\/p>\n

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  1. Project Management Consultancy (PMC) services for Civil Construction Projects for Central and State Governments (formed 93.36% of Total Operating Income of FY11)<\/li>\n
  2. Civil Infrastructure for Power Sector (2.02% of total operating income of FY11); and<\/li>\n
  3. Real Estate Development (formed 4.61%of Operating Income of FY11)<\/li>\n<\/ol>\n

    The Company is headquartered in New Delhi<\/strong> and in addition have 10 regional \/ zonal offices across India. The projects undertaken by the Company are spread across 23 states and 1 union territory in India. In addition, the company has also undertaken projects overseas. NBCC\u2019s Consultancy and Project Management Division has been accredited with ISO 9001:2008. As of the date of the RHP (Red Hearing Prospectus)<\/strong>, the President of India acting through the MoUD, GoI holds 100% of the company\u2019s equity share capital<\/strong>.<\/p>\n

    [box title=”NBCC IPO: Review &\u00a0Recommendations” color=”#f00″] Read Review & Recommendations about NBCC IPO here<\/a>\u00a0[\/box]<\/p>\n

    NBCC IPO\u00a0Issue Details:<\/h2>\n