Niraj Cement Structurals Ltd IPO

The newest of the company name as Niraj cements structural ltd has introduced an Public issue of 32,50,000 equity shares of Rs.10/- each for cash at a price band of Rs.175/ to Rs.190/ per equity share . The face value of the shares is Rs.10/- each and The issue price is 17.5 times the lower phase phasel value and 19 times the higher face value of the price band.

The care have given the share grade 1 from 5 and it's show that the fundamental value of the company is low and there is no profit for shorter period of time and longer period of time and the investors should keep out from this share.

Niraj cement was incorporated in 1998 and worked under activities of ready mix concrete, development, building roads, airport up gradation,infrastructure, and others and so u can choose what to do as the reviews are from the person heart and according to that u should take yr choice.