IPO Synopsis
| Technocraft Industries (India) Ltd |
|---|
| Registered Office: Opus Centre 47 Central Road,MIDC Andheri (East),Mumbai-400093, Maharashtra |
| Tel. No: 91-22-4098222/2202 |
| Fax No: 91-22-28356559/28367037 |
| Email: investor@technocraftgroup.com; cs@technocraftgroup |
| Website: www.technocraftgroup.com |
| Public issue of 83,20,000 equity shares of Rs. 10/- each for cash at an Issue price of Rs.105/- per equity share aggregating to Rs.87.36 Crores (hereinafter referred to as 'the issue'). The issue comprises 4,20,000 equity shares of Rs.10/- each aggregating to Rs.4.41 Crores reserved for employees of the company and net issue to public of 79,00,000 equity shares of Rs. 10/- each aggregating to Rs.82.95 Crores. The net issue would constitute 25.06% of the post issue paidup capital of the company. Issue Price: Rs.105/- per equity share of face value of Rs. 10/- each. The issue price is 10.5 times of the face value |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 18-Jan-2007 | 23-Jan-2007 | ₹105.00 - 0.00 | |
| Minimum Application for shares in Nos : 65.0 | Further Multiples of :65.0 |
|---|
| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 | Anand Rathi Securities Pvt Ltd |
| Project Financed through Current Offer | 87.36 | Centrum Capital Ltd |
| Post Issue Equity Share Capital | 31.53 | |
| Issue Price | 105.00 |
| Projects |
|---|
| Impr.Manu.Pro.Drum&Closures&Imp.Cost Effectiveness |
| Exp.Cap.of Pipe&Scaffolding Div.&Intro.New Product |
| Fin. the expansion of the yarn Division(Spindles) |
| Setting up of Power Project |
| Promoted By |
|---|
| Madhoprasad Saraf |
| Sharad Kumar Saraf |
| Sudarshan Kumar Saraf |
| Listing At |
|---|
| BSE |
| NSE |
| Registrar To The Issue |
|---|
