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Tirupati Forge Ltd
Tirupati Forge Ltd
Registered Office : Plot No 1-5 Survey No 92/1,Near Shan Cement NH 27,Rajkot Gujarat 360311 Phone : 91-2827-27051213
Fax :
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.
Opens On
Closes On
29-Sep-2017
04-Oct-2017
Application
Allotment
29.00
0.00
Minimum Application for shares in Nos : 4000.0 Further Multiples of : 4000.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
5.22
5.22
5.81
29.00
Pantomath Capital Advisors Pvt Ltd
- Working capital requirements
- Repayment of Loan
- General corporate purposes
- Hitesh Thummar
- Ajay Sardhara
- Bhargavi Thummar
- NSE - SME
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