Registered Office:
P.No.1658 Phase-I Sector 38-,Industrial Estate Rai Dt PSRai,
Sonipat -
131029,
Haryana, India.
Phone : +91 99966 35489 Fax:
Email : investors@tipcoengineering.com
Website : https://tipcoengineering.com/
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| Initial public offer of upto 68,03,200 equity shares of face value of (Rs) 10/- each (the "Equity Shares") of TIPCO Engineering India Limited ("The Company" or "TIPCO" or "The Issuer") at an offer price of (Rs) 89 per equity share for cash, aggregating up to (Rs) (Rs) 60.55 Crore comprising of fresh issue of up to 54,48,000 equity shares aggregating to (Rs) 48.49 Crore ("Fresh Issue") and an offer for sale of up to 13,55,200 equity shares by Ritesh Sharma ("Selling Shareholder") aggregating to (Rs) 12.06 Crore ("Offer For Sale") ("Public Offer"). The offer includes a reservation of up to 10,20,800 equity shares of face value of (Rs)10/- each, at an offer price of (Rs) 89 per equity share for cash, aggregating (Rs) 9.09 Crore will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Net offer of up to 57,82,400 equity shares of face value of (Rs)10/-each, at an offer price of (Rs) 89 per equity share for cash, aggregating upto (Rs) 51.46 Crore is herein after referred to as the "Net Offer". The public offer and net offer will constitute 32.76% and 27.84% respectively of the post-offer paid-up equity share capital of the company.
Price Band: (Rs) 89/- per equity share of face value of (Rs) 10.00 each.
The floor price is 8.9 times of the face value of the equity shares.
Bids can be made for a minimum of 1,600 equity shares and in multiples of 1,600 equity shares thereafter. |
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| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 23-Mar-26 |
25-Mar-26 |
89.00-0.00 |
0.00-0.00 |
|
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Minimum Application for shares in Nos :
3200
Further Multiples of :
1600
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|
| |
(Rs.Cr) |
Lead Managers to the Issue |
| Project Cost |
0.00 |
Smart Horizon Capital Advisors Private Limited
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| Project Financed through Current Offer |
60.55 |
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| Post Issue Equity Share Capital |
20.77 |
|
| Issue Price |
89.00 |
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