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IPO Details


Titagarh Rail Systems Ltd
Registered Office: 756 Anandapur, E M Bypass, Kolkata - 700017, West Bengal
Phone: 91-33-40190800
Email: dinesh.arya@titagarh.in; corp@titagarh.in
Website: www.titagarh.in
Public Issue of 23,83,768 Equity Shares of Rs.10/- each (Equity Shares) of Titagarh Wagons Limited (TWL or the Company or the Issuer) for Cash at a price of Rs.540/- per Equity Share (including a Share Premium of Rs.530/- per Equity Share), Consisting of a Fresh Issue of 20,68,111 Equity Shares and an Offer for Sale of 3,15,657 Equity Shares by Mrs.Rashmi Chowdhary and Strategic Ventures fund (Mauritius) Limited (the Selling Shareholders), Aggregating Rs.128.72 Crores (the Issue). The Issue Comprises a net Issue to the Public of 23,68,768 Equity Shares (the net issue) and a Reservation of up to 15,000 Equity Shares for Subscription by Eligible Employees (the Employee Reservation Portion). The Issue will constitute 12.9% of our Post-Issue Capital. The net Issue will Constitute 12.8% of our Post-Issue Capital. Issue Price is Rs.540/- per Equity Share of Face Value Rs.10/- The Face Value of the Equity Shares is Rs.10/- per Share. The Issue Price is 54 times the Face Value
Issue Money Payable On
Opens On Closes On Application Allotment
24-Mar-2008 27-Mar-2008 540.00 0.00
Minimum Application for shares in Nos : 10 Further Multiples of : 10
()Cr. Lead Managers to the Issue
Project Cost 111.68 JM Financial Consultants Pvt Ltd
Project Financed through Current Offer 128.72
Post Issue Equity Share Capital 18.44
Issue Price 540.00
Projects
Set up a EMU Manufact. Facility at Uttapura Unit
Modernise & expand facilities at Titagarh & Uttapu
To Set axle machining & wheelset assembly at Uttap
Construct a corporate office and designcum R&D off
Stategic Acquisition
Brand building exercise
General Corporate Purposes
Promoted By
J P Chowdhary
Umesh Chowdhary
Titagarh Cap. Mgmnt Serv.P Ltd
Listing At
BSE
NSE
Registrar to the Issue
Karvy Computershare Pvt Ltd

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84,256.35 1,071.55 (1.29%)

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