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Dagger Forst Tools Limited (DFTL), a part of Yashovardhan Birla Group, is engaged in the manufacture of high precision Cutting Tools viz. Broaches, Hobs, Shaper Cutters & Shaving Cutters (Gear Cutting Tools).
Broaching is one of the most economical methods of machining, an integral process in the Engineering and Automobile Industry. It is, in most cases, the only process by which complex internal and external shapes can be achieved with high accuracy and surface finish.
The first Broach manufacturing plant was set up by the Company in 1965 at Thane in Maharashtra in collaboration with Oswald Forst GmbH of Germany and a decade later i.e. in 1975, another plant was setup at Aurangabad, Maharashtra, to cater to the increased market demand for broaches.
DFTL is a listed company in BSE. DFTL stock information at BSE is as below:
BSE Code: 505426
Face Value: 10
Sector: Engineering - Machine Tools
ISIN Demat: INE989B01014
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital for
1. Setting up additional facilities for manufacture of Mechanical tubes;
2. Working Capital (existing business);
3. Margin Money for Working Capital (Mechanical tube Business).
| IPO Opening Date | Aug 27, 2007 |
| IPO Closing Date | Sep 3, 2007 |
| Issue Type | Fixed Price Issue FPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹45 per equity share |
| Market Lot | 150 Shares |
| Min Order Quantity | 150 Shares |
| Listing At | BSE |
| Issue Size | 4,006,150 Eq Shares of ₹10 (aggregating up to ₹18.03 Cr) |
The Dagger Forst FPO market lot size is 150 shares. A retail-individual investor can apply for up to 29 lots (4350 shares or ₹195,750).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 150 | ₹6,750 |
| Maximum | 29 | 4350 | ₹195,750 |
Dagger Forst Tools Limited announced that the members at the annual general meeting (AGM) of the Company held on September 29, 2010, inter alia, have considered & approved the change of name of the Company from Dagger Forst Tools Ltd to Birla Machining & Toolings Ltd.
| Listing Date | Tuesday, September 25, 2007 |
| BSE Script Code | 505426 |
| NSE Symbol | |
| Listing In | B Group of Securities |
| ISIN | INE989B01014 |
| IPO Price | ₹45 per equity share |
| Face Value | ₹10 per equity share |
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Dagger Forst Tools Ltd
Dagger Forst Tools Limited
First Pokhran Road,
Thane – 400606, MH India.
Phone: +91-22- 25882531
Email: complianceofficer@daggerforst.com
Website: http://www.daggerforst.com
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: daggerforst@intimespectrum.com
Website: https://linkintime.co.in/
Dagger Forst FPO is a main-board FPO of 4,006,150 equity shares of the face value of ₹10 aggregating up to ₹18.03 Crores. The issue is priced at ₹45 per equity share. The minimum order quantity is 150 Shares.
The FPO opens on Aug 27, 2007, and closes on Sep 3, 2007.
Link Intime India Private Ltd is the registrar for the FPO. The shares are proposed to be listed on BSE.
The Dagger Forst FPO opens on Aug 27, 2007 and closes on Sep 3, 2007.
Dagger Forst FPO lot size is 150 Shares and the minimum order quantity is 150 Shares.
You can apply in Dagger Forst FPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Dagger Forst FPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Dagger Forst FPO allotment status.
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