NBCC (National Buildings Construction Corporation) is out with an IPO of 12,000,000 Equity Shares of Rs. 10 each by way of an offer for sale of Equity shares by Government of India. The price band is Rs. 90 – 106 with 5% discount to retail buyers & employees on the offer price.
The government fixed the share issue price for state-owned National Buildings Construction Corporation’s (NBCC) public offer at Rs 106 per share to raise about Rs 127 crore and would be listed on April 12, 2012.
This post is to collect all the recommendations by experts which might help you to take a decision to invest in NBCC IPO.
| Brokers | Recommendation | Download Report |
| KM Global Finserv | Subscribe at the lower price band |  |
| Emkay | Valuation are attractive and there is enough upside even at the top end of IPO price band | |
| Swastika Investmart | Buy NBCC in for long term prospective | |
| AB Money | Subscribe only for short time listing gains. Not recommend from a long term portfolio perspective | |
| Anand Rathi | Subscribe | |
| Way2Wealth | Only conservative investors with defensive mindset can subscribe to this issue | |
| KRChoksey | Subscribe | |
| SMC Global | Subscribe | |
| Hem Securities | Subscribe limited upside | |
Also I have summarized the recommendations by various newspapers.
| Newspaper | Recommendation | Read Report |
| Hindu Business Line | Investors with a perspective of three years can invest | |
| Economic Times | Subscribe | |
| Business Standard | Strong foundation, reasonable valuation | |
| Mint | attractively priced | |
You can look at the NBCC IPO reports from broker houses and newspapers and decide for yourself if you would like to go with NBCC or not!
You can read more about NBCC IPO here.
If you find any other report please let me know through comments section or email me at [email protected]