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Tarapur Transformers Limited IPO (Tarapur Transformers IPO) Detail

Apr 26, 2010 - Apr 28, 2010

Incorporated in 1988, Tarapur Transformers Limited is in the business of manufacturing, rehabilitation, up-gradation, and refurbishment of transformers ranging from power & distribution transformer, Rectifier Transformer, Furnace Duty Transformer, Electric Locomotive Transformer, Electric Traction substation Transformer, Dry type transformer, Potential Transformer, Special purpose transformers.

Tarapur Transformers manufacture Transformers up to 220 KV class, having an installed capacity of manufacturing of 1839.40 MVA & repairing of 1800 MVA per annum.

Tarapur currently operates through three manufacturing units located at MIDC, Boisar, Tarapur Industrial Area village Pali, At & PO – Posheri Taluka – Wada and L/25/5, GIDC Industrial Estate, Por- Ramnagamdi, Vadodara. Company's Boisar unit mostly undertakes the repairing & refurbishment, rehabilitation & upgradation of transformers with the installed capacity of 600 MVA for manufacturing and 1200 MVA for repairing of transformers per annum. Tarapur's Pali unit is equipped with modern state of art infrastructure facilities & technology, which can undertake the manufacturing of 1200 MVA for manufacturing and 600 MVA for repairing of transformers per annum and Vadodara unit is engaged in manufacturing of Current Transformers Potential Transformer normally called as CTPT and Distribution Transformers ranging from 10 KVa/11Kv to 100KVa/11Kv with installed capacity of 39.40 MVA per annum.

Company Promoters:

The Promoters of company's are:

1. Suresh Kumar Choudhary aged 51 years one of the founder promoters of M/s Bilpower Limited.
2. Naresh Kumar Choudhary aged 50 years, is a Non Executive Non Independent Director of the company.
3. Rajendra Kumar Choudhary aged 49 years, Director of the company.

Company Financials:

ParticularsFor the year/period ended (Rs. in Lakhs)
31-Aug-0931-Mar-0931-Mar-0831-Mar-0731-Mar-0631-Mar-05
Total Income1,208.222,401.161,068.34302.98134.05197.59
Profit After Tax (PAT)76.20215.60151.413.8011.60(1.60)

Objects of the Issue:

The objects of the Issue are:
1. Expansion and Modernization of our Pali Unit;
2. To part-finance incremental working capital requirements;
3. To part-finance the acquisition of business;
4. To part –finance the marketing and corporate branding expenses;
5. To part –finance the general corporate Expenses;
6. To meet the expenses of the Issue.

Tarapur Transformers IPO Details

Issue OpenApr 26, 2010 - Apr 28, 2010
Issue TypeBook Built Issue IPO
Issue Size8,500,000 Eq Shares of Rs 10
(aggregating up to Rs 63.75 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 65 - Rs 75 Per Equity Share
Market Lot90 Shares
Min Order Quantity90 Shares
Listing AtBSE, NSE

Tarapur Transformers Ltd IPO Grading / Rating

CRISIL has assigned an IPO Grade 1 to Tarapur Transformers Ltd IPO. This means as per CRISIL company has 'Poor Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CRISIL IPO Grading Document for Tarapur Transformers Ltd.

Check IPO Ratings from other stock analysts.

Tarapur Transformers IPO Subscription Status (Bidding Detail)

Tarapur Transformers IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Total

Shares Offered

4,250,000

1,275,000

2,975,000

8,500,000

Apr 28, 2010 17:00

0.03x

5.08x

2.74x

1.74x

Tarapur Transformers IPO Prospectus

Tarapur Transformers IPO Rating

146
3.2
Rating:Rated 3.2 stars

Vote Here ...

Tarapur Transformers IPO Listing Date

Listing DateTuesday, May 18, 2010
BSE Script Code533203
NSE SymbolTARAPUR
Listing InB
ISININE747K01017
Issue PriceRs 75 Per Equity Share
Face ValueRs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE
Rs 75.00
Rs 75.00
Rs 54.10
Rs 97.50
Rs 56.90
63,513,025
NSE
Rs 75.00
Rs 75.00
Rs 54.30
Rs 97.45
Rs 57.40
81,321,869

Tarapur Transformers IPO Reviews / Ratings

Hem Securities - Avoid.

Company Contact Information

Tarapur Transformers Limited
J-20, MIDC,
Tarapur Industrial Area, Boisar
Thane-401506, Maharashtra, India

Phone: +91 2525 - 272996
Email: complianceofficer@tarapurtransformers.com
Website: http://www.tarapurtransformers.com

Tarapur Transformers IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ashok@bigshareonline.com
Website: http://www.bigshareonline.com

Tarapur Transformers IPO Lead Manager(s)

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Tarapur Transformers IPO Review / Comments

manish patni
77. manish patni  Jul 27, 2010 16:41 I Like It. | Report Abuse
buy @ 37 ,stop loss 30,you will get ton of rupees in 3 month
N Shah
76. N Shah  Jun 6, 2010 15:49 I Like It. | Report Abuse
Buy Tarapur only at 20-25 with stop loss of 17, look at the profitability and scalability of company, it is not worth beyond 20, i go only wrong if operator does something but fundamentally stock seems very weak
ds
75. ds  May 21, 2010 09:39 I Like It. | Report Abuse
yaaro ek mahne se mandi-2 chilla raha hu koi thanks to bol do agar kisi ne isse benefit uthya hai to
Gane
74. Gane  May 20, 2010 00:33 I Like It. | Report Abuse
McDonalds IPO soon.

Source: Economic Times.

Gane.
N.NARASIMHAN
73. N.NARASIMHAN  May 19, 2010 23:27 I Like It. | Report Abuse
WHEN PRICES CRASH, BUY AND BRING DOWN AVERAGE PURCHASE PRICE


Tarapur Transformers has been a success as for as its IPO is concerned, in the sense, that it was more than fully subscribed.

The market price, however, has crashed to around a little over Rs.50/-, at the close of today, its listing day, against the allotment price of Rs.75/-.

I advise investors, especially retail investors, not to panic and lose money by selling at such heavily discoounted price.

The right thing to do is to buy more stock at the present market prices or lower over the next few days, and with each purchase, bring down the average cost of purchase per share.

While I do not wish to comment on any operators ganging up to bring down the price, I suggest that we should not lose sight of the impact of global events, especially from the Chinese and Eurozone markets, which have depressed prices across the board, the world over. Softtech has been available for Rs.17.1 today, and I bought the same, against the price of Rs.35/- or more, barely a few days ago.

The present time calls for an investor to keep his head cool, not to panic.

Buying and selling in the stock market, is known the world over, to involve risk of losing money at times, and making money at other times. Be it IPO or otherwise. I am against breast beating when some money is lost.

Good Luck.


The situation
ds
72. ds  May 19, 2010 10:11 I Like It. | Report Abuse
sellllllllllllllllllll to save money


internal news news it may fall below 25 rs


thanks
Bhupesh
71. Bhupesh  May 19, 2010 10:11 I Like It. | Report Abuse
People are speaking on both ways
while as conclusion the stock is i operators hand
for retail investors one can accumulate the stock for the long run (3 to 6 Months for a target of atleast Rs. 100
Nagamee
70. Nagamee  May 19, 2010 08:08 I Like It. | Report Abuse
Another Classic case of operators foxing the innocent public. This small issues (Like Tarapur IPO) should always be treated with caution.
Guest
69. Guest  May 18, 2010 19:14 I Like It. | Report Abuse
Hai is stock ne to phad dala. Ab kal mandana me kya hoga koi bata do bhai
Ravi, Bangalore
68. Ravi, Bangalore  May 18, 2010 19:05 I Like It. | Report Abuse
58. sreedhar

Before blaming SEBI, investors have to blame themselves. It is sheer greed that makes them to play in Operators' stock. Operators have not forced to trade anybody in that stock. Even when you trade, you can control your trades- you can cut at anytime. Why one should make big loss when they themselves have perfect control over their trades?

Why public pressure is less for corruption. People tolerating corruption at high levels. Because of same reason, SEBI don't take action or its actions is too late.

Investors need to take responsible for their money. When you take responsibility for your trade, when you can take blame on yourself for your loss, then one will become successful investor.
Ravi, Bangalore
67. Ravi, Bangalore  May 18, 2010 18:58 I Like It. | Report Abuse
63. sreedhar

Short-term trading should be done with stop-loss. Trading without stop-loss is like driving without break. But you should understand that you can control your trades with stop-loss, whatever may be the market volatility.

Trading is number game. Crossing certain numbers is BUY. Similarly, breaching certain number is a SELL. Such volatility makes traders to trade both ways.

Market fluctuations make traders to trade both ways. But you should control your trades with stop-loss. If trading is easy, then people will stop working.

It is hard to cut trades with loss (taking loss is painful job). In case anybody has such sentiments, then they should avoid trading.
prem
66. prem  May 18, 2010 17:15 I Like It. | Report Abuse
manish, everyone knows this, operators shorting heavily. the volumes are 12 times the freefloat. everyone is involved,. avoid such scrips in trading.
check my prev msg 64.
Mundpati Cengala Venki Vankata Ramachandra Surthy
HEY GUYS PLEASE SEE MY POST / HOWEVER THERE IS A CORRECTION i.e. STOCK SHOULD NOT MOVE TO 150 /- RS. IT IS MOVING TOWARDS 10-15 RS. AS EARLY AS POSSIBLE

45. Mundpati Cengala Venki Vankata Ramachandra Surthy May 14, 2010 9:49:16 PM IST Report Spam
Tarapur Should List at around 90 Rs. & move upto 150/- Rs. within 1 month .. However one year target is 10-15 Rs. yes my dear friend's only Ten to Fifteen Rs ./ Remember my earlier posts where I predict Synncom & Texmo Pipe one year target 10-15 Rs. At that time both are Trading around 150 Rs. Now both are at 47-48 Rs.

Manish
64. Manish  May 18, 2010 17:01 I Like It. | Report Abuse
What is SEBI doing. Even a fool can see that this scrip was manipulated by operators. SEBI, you won't find an easier case than this to prove market manipulation. NOW PLS DO SOMETHING.
prem
63. prem  May 18, 2010 16:50 I Like It. | Report Abuse
news about tarapur at forums.masterandstudent.com
sreedhar
62. sreedhar  May 18, 2010 16:20 I Like It. | Report Abuse
Ravi,
One request to you.Please refrain from posting technical analysis for such rubbish issues.It is extremely dangerous to trade such stocks & can cut the trader both ways.
Ravi, Bangalore
61. Ravi, Bangalore  May 18, 2010 16:00 I Like It. | Report Abuse
I went as per levels mentioned in this forum. However, some updates I can see in chart. Hence, with little modifications I could trade.

To teach such things, people arrange seminars & grab thousands. But still, it is tough. It should come by practice.
Ravi, Bangalore
60. Ravi, Bangalore  May 18, 2010 15:49 I Like It. | Report Abuse
56. sreedhar

Morning went long. Booked profit. Then again long after crossing 96.75 (after crossing 1st target). Booked loss.

Again, went short in truck load to go to worled tour & covered.

At the end of the day good profit earned. But day-trading is tough. It is because of experience, I made profit.

What I do, that only I give Profit & Loss
ASK
59. ASK  May 18, 2010 15:48 I Like It. | Report Abuse
Fiascos like this IPO only show that SEBI or no SEBI ,things don't change Indian equity market.The SEBI is dead , long live the SEBI. After all some people are getting employed & are enjoying the perks that go with SEBI-jobs!To hell with the hapless investors- their bad luck.
Vish
58. Vish  May 18, 2010 15:47 I Like It. | Report Abuse
Did somebody notice the volume?? its 10 times the issue size... OMG.. how could that happen?every available stock was traded over 10 times??? :O :P



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