IPO of NRN Infrastructure and Development limited
NRN Infrastructure and Development Limited (NRNIDL) is going to issue IPO to the general public from the shrawan 16 to 21.
Total number of shares to be issued is 3398046 of Rs 100 each which worths 33.98 crore.
Out of which :
To general public , 93%of total issuance , i.e 3160183 shares
To employee, 2 % of total issuance , i.e 67961 shares
To mutual funds, 5 % of total issuance , i.e 169902 shares
Issue date : 16 shrawan 2077
Closing date : 21 shrawan 2077
( extended till 3rd of bhadra if no subscribed fully )
Issue Manager : Sanima capital
Subscription limit :
minimum :10 units
Rating by : CRNL as ‘ CARE-NP IPO Grade 4’ which denotes below Average fundamentals.
IPO offer letter of NRN Infrastructure and Development limited