IPO Details

Bidding Dates

To be announced

Minimum Investment

To be announced

Price Range

To be announced

Maximum Investment

To be announced

Retail Discount

To be announced

Issue Size

Equity shares aggregating up to ₹700.92 lakhs

Investor category and sub category

Qualified Institutional Buyers  |   Retail Individual Investors  |   Non-institutional Investor  |  

About Nimstech Industries Ltd

Incorporated in November 2021, Nimstech is currently engaged in three critical sectors i.e., water purification, waste management and renewable energy solutions in the public and private sectors. The company is also engaged in the business of trading solar panels. The company has collaborated with various departments of Government and other educational and social service organisations for better delivery and reach of their products.

Further, the company is engaged in marketing and supplying components for water purifiers, including the installation of mineral water plants, water ATMs, trading of segregation carts, dustbins, mobile toilet vans, hydraulic tractor trollies, weighbridge, organic waste composting machines, road sweeping machine, round ductile iron pipes, billing machines etc. The company is also engaged in the Indian MSW (Municipal Solid Waste) management industry, providing MSW machinery and equipment across the cities in Gujarat, primarily catering to the local municipalities.

According to the Ministry of Environment, India currently generates 62 million tons of waste annually, with an average annual growth rate of 4%. Solid waste, plastic waste and E-waste are the principal waste materials. In such a scenario, an experienced player in the waste management industry can have ample space for growth.

Nimstech Industries Ltd IPO Details

Nimstech Industries Ltd IPO Dates

The dates for bidding for the Nimstech Industries IPO are yet to be announced.

Nimstech Industries Ltd IPO Price Band

Nimstech Industries is a fixed-price IPO. The exact price is yet to be announced.

Nimstech Industries Ltd IPO Lot Size

The Nimstech Industries Ltd IPO lot size has not been announced yet.

Nimstech Industries Ltd IPO Objectives

The proceeds from the fresh issue will be used for:

  1. Purchase of a registered office for the company and furnishing of the same.
  2. To meet the incremental working capital requirements.
  3. To meet the general corporate purposes.
  4. To meet the issue expenses.

Peer Details

The following is a listed peer company of Nimstech Industries in India:

  1. Ahasolar Technologies Limited
  2. Antony Waste Handling Cell Limited
  3. Quality RO Industries Limited

How To Check the Allotment Status of the Nimstech Industries Ltd IPO?

Steps to check IPO allotment status on Angel One’s app:

  1. Log in to the Angel One app.
  2. Go to the IPO Section and then to IPO Orders.
  3. Select the individual IPO you applied for and check the allotment status.
  4. Angel One will notify you of your IPO allotment status via push notification and email.

Contact Details of Nimstech Industries Ltd

Registered office: Plot No 38, GIDC Estate, Sector-25, Gandhinagar, Ahmedabad, Gujarat 382024, India

Phone: +91 7433973347

E-mail: info@nimstech.com

IPO Financials

Particulars Year Ending on March 31, 2023 Year Ending on March 31, 2022
Total Revenue 328.18 -
Profit After Tax 20.72 -
Return on Capital Employed 14.88% 6.18%
Current Ratio 1.76 3.70
Debt to Equity Ratio 15.59 2.18

Know before investing


  1. They provide a broad range of products to their customers, increasing their scope and ability to cater to a diversified clientele base.

  2. The company has an established track record of more than 7 years, and its qualified promoters also have more than 7 years of relevant expertise.


  1. The company has not entered into any long-term contracts with their distributors or customers, and they typically operate based on orders received on hand. The inability to maintain regular order flow would adversely impact their revenues and profitability.

  2. Incorporated in 2021, they have limited operating history as a company, which may make it difficult for investors to evaluate their historical performance or future prospects.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

Nimstech Industries Ltd IPO FAQs

What is Nimstech Industries Ltd's IPO?

Nimstech Industries’ IPO is a fixed-price IPO. The dates for the IPO are yet to be announced.

Nimstech Industries' IPO is a fixed-price IPO. The dates for the IPO are yet to be announced.

The date of allotment is not announced yet.

When will Nimstech Industries Ltd's IPO open for subscription?

The IPO subscription window is not announced yet.

What minimum lot size can retail investors subscribe to?

The lot size for the IPO is yet to be announced.

When will Nimstech Industries Ltd list on exchanges?

The listing date for Additive Technologies has not been announced yet.

What would be the listing gains on the Nimstech Industries Ltd IPO?

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange. The date of listing is yet to be announced.

I have finished the application process for the Nimstech Industries Ltd IPO, but the funds still need to be debited. What is the reason?

Initially, the bank will only block the amount in your account. The money will not be debited until the stocks are allotted to you.

How do I approve the UPI mandate request for Nimstech Industries Ltd's IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate.

Can I submit more than one application for the public issue of Nimstech Industries Ltd using one PAN?

You can submit only one application using your PAN card.