NIMBSPROJ · price
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Nimbus Projects Limited, a BSE-listed real estate developer since 2000, has successfully completed its listing on the NSE (Symbol: NIMBSPROJ). The stock opened at INR 199 on its listing day. The company has developed approximately 15 million square feet across 13 projects and serves over 10,000 customers, with approximately 3 million square feet currently under development in the NCR region. The company has a market capitalisation of ₹350–365 crore, with shares trading close to book value, indicating a stable valuation profile. The NSE listing is expected to improve stock liquidity, enhance price discovery, and broaden access to both institutional and retail investors.
The dual-listing on BSE and NSE should improve liquidity and attract a wider investor base, which is positive for shareholder access and stock price discovery. The stock opening at INR 199 positions the company with a market cap of around ₹350–365 crore.