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IPO Details


Tirupati Forge Ltd
Registered Office: Plot No 1-5 Survey No 92/1, Near Shan Cement NH 27, Rajkot - 360311, Gujarat
Phone: 91-2827-27051213
Email: info@tirupatiforge.com
Website: www.tirupatiforge.com
Public issue of 18,00,000 equity shares of face value of Rs. 10/- each (equity shares) of Tirupati Forge Limited (the company or the issuer) for cash at a price of Rs.29 per equity share, including a share Premium of Rs.19 per equity share (the issue price), aggregating Rs. 5.22 Crores (the issue), of which 92,000 Equity shares of face value of Rs. 10 each for cash at a price of Rs.29 per equity share, aggregating Rs. 0.27 Crores will be reserved for subscription by the market maker to the issue (the market maker reservation Portion). The issue less market maker reservation portion i.e. Issue of 17,08,000 equity shares of face Value of Rs. 10 each for cash at a price of Rs. 29 per equity share, aggregating Rs. 4.95 Crores is hereinafter Refered to as the net issue. The issue and the net issue will constitute 30.97% and 29.39% respectively of the Fully diluted 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 of Rs. 29 is 2.9 Times of the face value of the equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
29-Sep-2017 04-Oct-2017 29.00 0.00
Minimum Application for shares in Nos : 4000 Further Multiples of : 4000
()Cr. Lead Managers to the Issue
Project Cost 5.22 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 5.22
Post Issue Equity Share Capital 5.81
Issue Price 29.00
Projects
Working capital requirements
Repayment of Loan
General corporate purposes
Promoted By
Hitesh Thummar
Ajay Sardhara
Bhargavi Thummar
Listing At
NSE - SME
Registrar to the Issue
Link Intime India Pvt Ltd

INDIAN INDICES

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84,544.31 1,359.51 (1.63%)

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25,790.95 375.15 (1.48%)

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