NBCC IPO: Review & Recommendations

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  PDF Icon
Emkay Valuation are attractive and there is enough upside even at the top end of IPO price band  PDF Icon
Swastika Investmart Buy NBCC in for long term prospective  PDF Icon
AB Money Subscribe only for short time listing gains. Not recommend from a long term portfolio perspective  PDF Icon
Anand Rathi Subscribe  PDF Icon
Way2Wealth Only conservative investors with defensive mindset can subscribe to this issue  PDF Icon
KRChoksey Subscribe  PDF Icon
SMC Global Subscribe  PDF Icon
Hem Securities Subscribe limited upside  PDF Icon

 

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  PDF Icon
Economic Times Subscribe PDF Icon
Business Standard Strong foundation, reasonable valuation PDF Icon
Mint attractively priced PDF Icon

 

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]

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