IPO

Tmc Transformers India Ltd

Registered Office : Sy.No.26 1/2 Part B Villge-,Khandiwada Vadodara Halol Hig.,Vadodara Gujarat 391510 Phone : +91 74350 00215
Fax :

Email : cs@tmc-india.com

Website : www.tmc-india.com

Initial public offering of up to [*] equity shares of face value of Rs. 10/- each ("equity shares") of TMC Transformers (India) Limited ("the company" or the "issuer") for cash at a price of Rs. [*] per equity share (including a share premium of Rs.[*] per equity share) ("issue price") aggregating up to Rs.550.00 crores (the "issue"). This issue includes a reservation of up to [*] equity shares of face value of Rs.10/- each aggregating up to Rs.[*] crores (constituting up to [*]% of the post-issue paid-up equity share capital of the company) for subscription by eligible employees (the "employee reservation portion"). The company, in consultation with the book running lead managers, may offer a discount of up to [*]% (equivalent of Rs.[*] per equity share) to the issue price to eligible employees bidding under the employee reservation portion ("employee discount"). The issue less the employee reservation portion is hereinafter referred to as the "net issue". The issue and the net issue shall constitute [*]% and [*]%, respectively, of the post-issue paid-up equity share capital of the company. The company, in consultation with the brlms, may consider a pre-ipo placement up to Rs. 110.00 crores, as may be permitted under applicable law, at the discretion, prior to filing of the roc. The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the issue, subject to compliance with Rule 19(2)(b) of the securities contracts (Regulation) Rules, 1957, as amended. The utilisation of the proceeds raised pursuant to the pre-ipo placement will be done towards the objects of the issue in compliance with applicable law. The pre-ipo placement, if undertaken, shall not exceed 20.00% of the size of the issue. Prior to the completion of the issue, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment, that there is no guarantee that the company may proceed with the issue or the issue may be successful and will result into listing of the equity shares on the stock exchanges. The company shall report any pre-ipo placement to the stock exchanges, within 24 hthes of such pre-ipo placement (in part or in entirety). The face value of the equity shares is Rs. 10/- each and the issue price is [*] times the face value of the equity shares. The price band and the minimum bid lot size will be decided by the company.