Public issue of 75,000,000 equity shares of Rs. 10 each of Nitesh Estates Limited (The Company or the Issuer) for cash at a price of Rs. 54 per equity share (including a share premium of Rs. 44 per equity share) aggregating up to Rs. 405.00 crores (the Issue). The Issue will constitute 51.43% of the fully diluted post issue paid-up capital of the company.Issue price: Rs. 54 per equity share of face value Rs. 10 eachThe Issue price is 5.4 times the face value