NTL India IPO Details
SME
NTL India IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.
NTL India IPO total issue size comprises 35,00,000 shares . This includes a fresh issue of 35,00,000 shares . Pre-issue shareholding stands at 80,73,220, which will increase to 1,15,73,220 post-issue.
The Lead Managers for NTL India IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Cumulative Capital Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the NTL India Limited DRHP.
NTL India IPO Details
NTL India IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
NTL India IPO Reservation
Promoter Holding
Documents
NTL India IPO Valuations
NTL India Financial Information
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 91.25 | 86.68 | 48.18 | 44.02 |
| Total Income | 39.82 | 137.23 | 116.23 | 86.90 |
| Profit After Tax | 2.60 | 10.56 | 7.40 | 21.47 |
| EBITDA | 7.15 | 20.09 | 20.06 | 15.58 |
| NET Worth | 27.77 | 25.16 | 7.50 | 0.10 |
| Reserves and Surplus | 25.75 | 23.15 | 5.66 | -1.74 |
| Total Borrowing | 38.26 | 37.46 | 28.95 | 32.35 |
| Amount in ₹ Crore | ||||
About NTL India IPO
Incorporated in March 2005, NTL India Ltd. operates in the business-to-business (B2B) segment, providing fleet management and employee transportation services to corporate clients across multiple industries.
The company manages end-to-end employee transportation requirements, including daily staff commute operations, fleet management, route planning, and coordination of vehicle movement, ensuring seamless and reliable transportation for client organizations.
NTL India Ltd. offers Employee Transportation Services (ETS) as well as driver-based, on-demand rental services, commonly referred to as Rent-A-Cab (RAC). Its service offerings cater to both scheduled employee commutes and on-demand travel requirements.
The company’s services encompass vehicle deployment, driver supervision, route optimization, and routine operational support. Over the years, it has developed structured processes and technology-enabled systems that enable corporate customers to manage transportation needs in an organized, efficient, and cost-effective manner.
NTL India Ltd. operates across four Indian states, providing regional coverage and enabling it to serve a diversified corporate customer base. The company has an operational presence in Maharashtra, Tamil Nadu, Karnataka, and Telangana.
The company serves clients across multiple sectors, including information technology and IT-enabled services, consulting, financial services and payments, auto components, manufacturing, healthcare, and e-commerce.
As of November 30, 2025, the company’s operational fleet comprised 1,683 vehicles, of which 1,447 vehicles were operated under a hire-purchase model and 236 vehicles were owned by the company. This asset-light structure helps reduce upfront capital expenditure while maintaining operational flexibility and service reliability.
As of November 30, 2025, NTL India Ltd. employed a total of 280 personnel across various operational and administrative functions.
Strength Of NTL India IPO
Risk Of NTL India IPO
Objectives NTL India IPO
1. Funding capital expenditure for procurement of i) Buses and ii) Chassis & Bus Body Building
2. Funding of working capital requirements of the Company
3. General corporate purposes
Company Contact Details
11/2 Muthial Reddy Street Alandur, Alandur, Saidapet
Kanchipuram, Tamil Nadu , 600016
Phone: +91-7397795313
Email: corporatesecretarial@ntlchennai.org
Website: https://ntlchennai.net/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Market Maker
To be announced
NTL India IPO - FAQs
The NTL India IPO is a SME public issue comprising 3500000 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is shares.
The IPO opens for subscription on TBA, and closes on TBA.
Cameo Corporate Services Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at TBA.