NCML Industries, one of the flagship company of Delhi-based NCML Group, has been extended till Jan 9 and price band has been revised to Rs 80-90 from the existing price band of Rs 100 to Rs 120, according to the notice on Bombay Stock Exchange (BSE).

The merchant banker to the issue has informed the Exchange that the issue stands extended for five working days and will now close on January 9 against earlier closing date of January 2. The equity shares are proposed to be listed on BSE and NSE. BSE shall be the designated stock exchange for the purpose of this offer.

The company has entered the capital market on December 29 to carry out the sale of 60,00,000 equity shares by the selling shareholders and to achieve the benefits of listing the equity shares on the stock exchanges.

The company is one of the leading edible oil importing, manufacturing and marketing Companies of India with international presence, dealing in various edible oils such as Soya bean oil, Cottonseed oil, Palm oil (Palmolein), and Mustard oil, Rapeseed Oil etc. Corporate Strategic Allianz is the book running lead manager and Satellite Corporate Services is registrar to the issue.