NNT Developers Ltd. IPO Details
NNT Developers was incorporated on September 28, 2017. The company executes, develops, renovates, modernises and maintains civil engineering and infrastructure projects for government departments, PSUs and institutional clients. Its expertise spans roads, railways, irrigation, flood protection, water supply, agricultural markets, commercial and public infrastructure, tourism parks and recreational facilities
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 17.2 M | - | - | ₹0 | DRHP DOC |
NNT Developers issue details
NNT Developers has 17.2 M shares on offer
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
NNT Developers IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
NNT Developers NUMBER OF SHARES ON OFFER
NNT Developers FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 223.7 | 21.6 | -1.9 | -2.4 | 14.7% |
| FY25 | 207.1 | 20.4 | -4.7 | -7.5 | 15.2% |
| FY24 | 144.3 | 9.4 | 15.6 | 6.2 | 12.4% |
NNT Developers INFORMATION ON IPO ISSUE
About NNT Developers
NNT Developers was incorporated on September 28, 2017. The company executes, develops, renovates, modernises and maintains civil engineering and infrastructure projects for government departments, PSUs and institutional clients. Its expertise spans roads, railways, irrigation, flood protection, water supply, agricultural markets, commercial and public infrastructure, tourism parks and recreational facilities
Object of the Issue
- Funding of capital expenditure requirements of the company towards purchase of machinery and equipment
- Funding long-term working capital requirement of the company
- Repayment and / or pre-payment, in part or full, of fund-based working capital facilities availed by the company
- General corporate purposes
- Issue related expenses
NNT Developers - PROMOTERS
| Name |
|---|
| Suyash Kumar |
| Jitendra Singh |
| Shrawan Singh |
NNT Developers - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Suyash Kumar | Chairman & Managing Director |
| Jitendra Singh | Whole Time Director & Chief Executive Officer |
| Shrawan Singh | Whole-time director |
| Sugan Prasad | Non-Executive Independent Director |
| Bimal Kumar | Non-Executive Independent Director |
| Raveena Dugar Agarwal | Non-Executive Independent Director |
NNT Developers Book Running Lead Manager
Vatsa Capital Venture Private Limited
info@vatsacapitalventure.com
NNT Developers Registrar to the Offer
KFin Technologies Limited
nntdevelopers.ipo@kfintech.com
NNT Developers Strengths
Diversified across segments
The company operates across a broad infrastructure ecosystem covering roads, railways, water, urban development, industrial, logistics and public-service assets. This diversified base supports demand across multiple infrastructure segments
Infrastructure planning
PM GatiShakti provides a geospatial framework for coordinated infrastructure planning across transport, industrial corridors and related projects. As of August 11, 2026, 396 projects worth about Rs 18.66 lakh crore had been evaluated, with 256 sanctioned and 198 under implementation
Railway infrastructure pipeline
Indian Railways has a large infrastructure pipeline covering new lines, gauge conversion, doubling and multi-tracking projects. Three economic railway corridor programmes include 434 projects worth about Rs 11.17 lakh crore, supporting continued railway infrastructure activity
NNT Developers Risks
Depend on suppliers
The company depends on third-party suppliers for timely availability of construction materials, equipment and services, as it does not manufacture these materials. Delays, shortages, price increases or supply disruptions could affect project execution, business operations and financial performance
Working capital intensive
The company requires substantial working capital to fund projects, provide guarantees and security deposits, and meet supplier and subcontractor obligations. Delayed customer payments, retention amounts, higher input costs or larger projects could further increase working capital needs and pressure liquidity
Competitive bidding risks
The company secures projects through competitive bidding and faces competition from established players with greater resources and experience. Failure to meet eligibility criteria, submit competitive bids or win new contracts, as well as project cancellations or delays, could adversely affect its business and financial performance
IPO FAQs
The promoters of the company are Suyash Kumar, Jitendra Singh and Shrawan Singh.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.