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IPO Details


Tentiwala Metal Products Ltd
Registered Office: Delhi Masani Road, Radhey Shyam Colony, Mathura - 281003, Uttar Pradesh
Phone: 91-565-2530032
Email: polvrose@tentiwala.co.in
Website: www.tentiwal.co.in
Public issue of 16,30,000 equity shares of face value of Rs. 10 each of Tentiwal Wire Products Limited (TWPL or The Company or The Issuer) for cash at a price of Rs. 13 per equity share (including a share premium of Rs. 3 per equity share) (Issue Price) aggregating to Rs. 2.12 crores (The Issue), of which 90,000 equity shares of face value of Rs. 10 each will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 15,40,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 13 per share aggregating to Rs. 2.00 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 30.05% and 28.39%,Respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is Rs. 13 per equity share. The issue price is 1.3 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
11-Dec-2013 16-Dec-2013 13.00 0.00
Minimum Application for shares in Nos : 10000 Further Multiples of : 10000
()Cr. Lead Managers to the Issue
Project Cost 2.12 Hem Securities Ltd
Project Financed through Current Offer 2.12
Post Issue Equity Share Capital 5.42
Issue Price 13.00
Projects
To reduce overall indebtedness of the company
General Corporate Purpose
Promoted By
Radha Pad Tentiwala
Kumkum Tentiwala
Neelesh Tentiwala
Listing At
BSE - SME
Registrar to the Issue
Sharepro Services India P Ltd

INDIAN INDICES

Sensex

84,544.31 1,359.51 (1.63%)

Nifty

25,790.95 375.15 (1.48%)

GLOBAL INDICES

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