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Technocraft Industries (India) Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

₹ 87.36

Price Range (₹)

₹ 105

Lot Size

65

Min Investment (₹)

₹ 6,825.00

Listing Exchange

MumbaiNSE

Open Date

19-Jan-2007

Close Date

24-Jan-2007

Listing Date

13-Feb-2007

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    Price Performance

    1 Week-1.68
    1 Month-6.95
    3 Month4.39
    6 Month-31.45
    1 Year25.83
    3 Year215.62

    Technocraft Industries (India) Ltd IPO Details

    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

    Objective of issue

    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.

    Technocraft Industries (India) Ltd Contact Details

    Technocraft Industries (India) Ltd, PlotNo-A-16-17 PartB, Cross Lane MIDC, Marol Andheri (East), Mumbai - 400 093

    Phone - 91-22-28213383/90/66712001-2006

    Fax - 91-22-28369408

    Email - investor@technocraftgroup.com

    Website - www.technocraftgroup.com