SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

NBCC’s IPO subscribed 0.19 times on first day of issue

23 Mar 2012 Evaluate

The government owned National Buildings Construction Corporation’s (NBCC) initial public offer (IPO) was subscribed 0.19 times on the first day of issue. As per the data available with the NSE, total bid of 22,64,820 shares were received for the issue of 120,00,000 shares and 282,000 bids were received at the cut-off price.

NBCC has set the price band of Rs 90-106 per share for its initial public offer (IPO). With this IPO, the company plans to divest 10% of government’s stake and the issue proceeds will accordingly be taken by the government. The issue closes on March 27, 2012. IDBI Capital Market Services and Enam Securities are the book running lead managers and Bigshare Services is the registrar to the offer.

The ISO 9001:2008 certified company is one of the few Public Sector Unit (PSU) engaged in business of project management consultancy services for civil construction projects, civil infrastructure for power sector and real estate development. Incorporated in November 1960, NBCC is headquartered in New Delhi having projects web spread across 23 states and 1 union territory in India. In addition, the company has also undertaken projects overseas.

NBCC presently operates under Ministry of Urban Development and has also received ‘Excellent’ rating from the same for each of the fiscal years from 2004 to 2010. Ministry of Heavy Industries & Public Enterprises has awarded the company with an ‘Excellence Award.’

NBCC (India) Share Price

94.30 1.21 (1.30%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×