NNT Developers IPO (DRHP filed)
NNT Developers Limited filed its draft red herring prospectus with SEBI on 30 Sep 2026. Price band, lot size and issue dates are announced only after SEBI observations and the RHP filing.
Last updated
- Stage
- DRHP Filed
- DRHP filed
- 30 Sep 2026
- Days since
- 31
- Issue size
- —
- Board
- Mainboard
- Price band
- TBA
NNT Developers IPO status
NNT Developers Limited filed its draft red herring prospectus (DRHP) with SEBI on . The issue can open only after SEBI issues its observations and the company files the RHP with the price band.
| DRHP filed | 30 Sep 2026 |
|---|---|
| Days since filing | 31 |
| SEBI observation | Awaited |
| Price band | TBA |
| Issue dates | TBA |
Share reservation by category
| Category | Shares Details |
|---|---|
| Qualified Institutions | Not More Than 50% of the Net Issue |
| Retail Investors | Not Less Than 35% of the Net Issue |
| Non-Institutional | Not Less Than 15% of the Net Issue |
NNT Developers Limited financials
Between 31 Mar 2025 and 31 Mar 2026, Income rose from ₹207.88 Cr to ₹225.51 Cr, and profit after tax rose from ₹20.4 Cr to ₹21.57 Cr. The PAT margin for 31 Mar 2026 was 9.56%.
| Period ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 286.05 | 206.83 | 143.74 |
| Total Income | 225.51 | 207.88 | 144.69 |
| Profit After Tax | 21.57 | 20.40 | 9.44 |
| EBITDA | 32.93 | 31.51 | 17.84 |
| Net Worth | 98.81 | 77.23 | 41.81 |
| Reserve & Surplus | 58.77 | 53.21 | 32.80 |
| Total Borrowings | 38.30 | 26.15 | 27.45 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 21.83 | 26.42 | 22.57 |
| ROCE % | 33.73 | 40.05 | 40.13 |
| Debt / Equity | 0.39 | 0.34 | 0.66 |
| RoNW % | 21.83 | 26.42 | 22.57 |
| Pat Margin % | 9.64 | 9.85 | 6.54 |
Peer comparison
| Company | Face value | P/E | EPS (basic) | EPS (diluted) | RoNW | NAV |
|---|---|---|---|---|---|---|
| Nnt Developers Ltd | 10 | — | 5.39 | 5.39 | 21.83% | 24.70 |
| Likhitha Infrastructure Ltd | 5 | — | 9.94 | 9.94 | 9.37% | 104.47 |
| Bondada Engineering Ltd | 2 | — | 18.28 | 18.25 | 28.82% | 62.35 |
| EMS Limited | 10 | — | 16.30 | 16.30 | 8.62% | 190.03 |
| Suyog Telematics Ltd | 10 | — | 54.70 | 52.40 | 12.88% | 42.50 |
From the prospectus. P/E is shown as — when earnings are zero or negative, or not reported for the issuer before listing.
Objectives
The company intends to allocate the net proceeds from the offering to the following objectives.
| Sr | Objective | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure requirements of our Company towards purchase of machinery and equipment | 24.61 |
| 2 | Funding long-term working capital requirement of our Company | 75.00 |
| 3 | Repayment and / or pre-payment, in part or full, of fund-based working capital facilities availed by our Company | 22.00 |
| 4 | General Corporate Purposes | — |
| Total | 121.61 |
About NNT Developers Limited
Incorporated in September 2017, NNT Developers Limited is an infrastructure construction and Engineering, Procurement and Construction (EPC) company engaged in the execution, development, renovation, modernization and maintenance of civil engineering and infrastructure projects. The Company primarily undertakes projects for government departments, public sector undertakings and institutional clients, with its operations predominantly concentrated in Bihar.
The Company operates across a diverse range of infrastructure segments, including road and railway infrastructure, irrigation, flood protection and river management, water supply, building construction, agricultural market infrastructure, tourism and recreational infrastructure, and public utility facilities. Its key services include road construction, railway infrastructure development, river protection and flood control, building construction, water supply infrastructure, agricultural market development and tourism park development.
NNT Developers Limited has established experience in the strengthening, repair and rehabilitation of roads; construction, development and modernization of railway networks and related facilities; execution of flood protection and river management projects; development of water supply infrastructure; and construction and upgradation of agricultural markets. The Company executes projects through tender-based bidding and various contractual arrangements, including item-rate contracts, EPC contracts and subcontracting arrangements.
As of March 31, 2026, the Company had completed 7 road construction projects, 2 railway infrastructure projects, 15 river protection and flood control projects, 7 building construction projects, 1 water supply infrastructure project and 6 agricultural market development projects.
As of March 31, 2026, the Company had 62 permanent employees, comprising 17 employees in the Engineers Department and 16 employees in the Supervisory Department.
Promoters
Suyash Kumar
Jitendra Singh
Shrawan Singh
Contact details
NNT Developers Ltd.
6th Floor,Sri Ram Tower
Kankarbagh Mainroad
Lohia Nagar, Sampatchak
Patna, Bihar, 800020
Tel. No.: +91 77669 16461
Email: cs@nntdl.com
Website: https://nntdl.com/
NNT Developers IPO FAQs
- Has NNT Developers IPO filed for an IPO?
- NNT Developers Limited filed its draft red herring prospectus (DRHP) with SEBI on 30 Sep 2026.
- When will the NNT Developers IPO open?
- Issue dates are announced after SEBI observations and the RHP filing. They are not available yet.
- What is the NNT Developers IPO price band?
- The price band is announced a few days before the issue opens. It is not available yet.
Details are from the draft prospectus and can change in the final RHP. This is not investment advice.