Nitesh Estates IPO to list on Thursday 13th May

Nitesh Estates Limited which had tapped the capital markets with its IPO between the 23rd and 27th of April is listing tomorrow, the 13th of May 2010. The issue was for raising Rs 405 crs in a price band of Rs 54-56.

The issue had received support from Anchor investors like HSBC, Nomura, SBI and HDFC. The share would list tomorrow and there would be a listing ceremony of the same on the BSE.

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