IFLR1000

NCC Re5.49 billion QIP issue

6/2/2018
Share offer, Qualified institutional placement (QIP)
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Re 5.49 billion

$ 85.6 million

Announced

6/2/2018

Overview:

  • NCC has undertaken a Re5.49 billion QIP issue.
  • The issue consisted of 44,715,000 equity shares, face valued at Re2 each of NCC at a price of Re123 per share.
  • The bookrunning lead manager was Edelweiss Financial Services.
  • The issuer is one of the largest construction companies in India, offering a wide and diverse variety of services.

Katrin Kostadinova - Data analyst 

Jurisdiction:

India

Deal types:

Share offer
Qualified institutional placement (QIP)

Practice area:

Capital markets : Equity

Governing law:

India

Industry sector:

Construction and materials

Firm:
JSA

Party: NCC Group (Issuer)

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