IPO Synopsis
| Technofab Engineering Ltd |
|---|
| Registered Office: 913 9th floor Hemkunt Chamber,Nehru Place,New Delhi-110019, New Delhi |
| Tel. No: 91-11-26411931/26415961 |
| Fax No: 91-11-26221521 |
| Email: info@technofabengineering.com |
| Website: www.technofabengineering.com |
| Public issue of 29,90,000 equity shares of face value of Rs. 10 each of Technofab Engineering Limited (The "Company" or The "Issuer") for cash at a price of Rs. 240* per equity share aggregating Rs. 71.66* crores (The "Issue"). The issue comprises of a reservation of 50,000 equity shares of Rs. 10 each for eligible employees (The "Employee Reservation Portion") for cash at a price of Rs. 220* per equity share aggregating Rs. 1.10 crores and a net issue to the public of 29,40,000 equity shares of Rs. 10 each (The "Net Issue") for cash at a price of Rs. 240 per equity share aggregating Rs. 70.56 crores. The issue will constitute 28.50% of the post issue paid-up equity capital of the company. The net issue will constitute 28.03% of the post issue paid-up equity capital of the company. Issue price : Rs. 240 per equity share of face value Rs. 10 each The issue price is 24 times the face value * Discount of Rs. 20 to the issue price determined pursuant to completion of the book building process has been offered to eligible employees (the "Employee Discount"). |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 29-Jun-2010 | 02-Jul-2010 | ₹240.00 - 0.00 | |
| Minimum Application for shares in Nos : 25.0 | Further Multiples of :25.0 |
|---|
| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 71.66 | Collins Stewart Inga Pvt Ltd |
| Project Financed through Current Offer | 71.66 | |
| Post Issue Equity Share Capital | 10.49 | |
| Issue Price | 240.00 |
| Projects |
|---|
| To meet long-term working capital requirements |
| To finance the procurement of construction equip. |
| To set up maintenance & Storage facility cons. eq. |
| For setting up of training centre for employees |
| For general corporate purposes |
| Promoted By |
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| Avinash C Gupta |
| Arjun Gupta |
| Nakul Gupta |
| Listing At |
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| BSE |
| NSE |
| Registrar To The Issue |
|---|
