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Technocraft Industries (India) Ltd IPO (Technocraft IPO) Detail

January 18, 2007 - January 23, 2007

Technocraft IPO is a book built issue of Rs 87.36 crores.

Technocraft IPO bidding started from January 18, 2007 and ended on January 23, 2007. The shares got listed on BSE, NSE on February 12, 2007.

Technocraft IPO price band is set at ₹95 to ₹105 per share. The minimum lot size for an application is 65 Shares. The minimum amount of investment required by retail investors is ₹6,825.

Anand Rathi Securities Limited is the book running lead manager of the Technocraft IPO, while Datamatics Financial Services Ltd is the registrar for the issue.

Refer to Technocraft IPO RHP for detailed information.

Technocraft IPO Details

IPO Date January 18, 2007 to January 23, 2007
Listing Date February 12, 2007
Face Value ₹10 per share
Price Band ₹95 to ₹105 per share
Lot Size 65 Shares
Total Issue Size8,320,000 shares
(aggregating up to ₹87.36 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Technocraft IPO Lot Size

Investors can bid for a minimum of 65 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 65 ₹6,825
Retail (Max) 29 1885 ₹197,925
Lot Size Calculator

About Technocraft Industries (India) Ltd

Technocraft Industries (India) Limited is a multi divisional company engaged in the manufacture of a drum closures, pipes and scaffoldings and fabrics and garments with modern production facilities.

They cater to both the domestic and global trade and have positioned ourselves as a multi product and multi market player ensuring that our target market is a diverse mix of the domestic market and international market (exports). Their manufacturing facilities are based at Murbad, Thane.

Objects of the Issue (Technocraft IPO Objectives)

The objects of the Issue are:
1. To improve the manufacturing process of Drum Closures thereby reducing usage of raw materials and improve the cost effectiveness;
2. To expand the capacity of the Pipe & Scaffolding Division and to introduce new scaffolding products;
3. To finance the expansion of the yarn division for 27,640 spindles;
4. To augment Working Capital Requirements;
5. To list Equity Shares of on the BSE and NSE, which will enhance our brand name and meet the issue expenses.

Technocraft IPO Subscription Status (Bidding Detail)

The Technocraft IPO is subscribed 10.67 times on January 23, 2007 5:00:00 PM. The public issue subscribed 8.07 times in the retail category, 11.65 times in the QIB category, and 16.98 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Technocraft IPO Prospectus

Technocraft IPO Rating

Rating:Rated 3.1 stars
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Technocraft IPO Listing Details

Listing Date February 12, 2007
BSE Script Code 532804
ISIN INE545H01011
Final Issue Price ₹105 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Technocraft Industries (India) Ltd Contact Details

Technocraft Industries (India) Ltd
Technocraft Industries (India) Limited,
M.I.D.C, Street No.3, Marol Industrial Area,
A-25, Road No.3, Andheri (W) Mumbai � 400 053
Phone: +91-22-40982222

Technocraft IPO Registrar

Datamatics Financial Services Ltd

Phone: +91-22-66712151

Technocraft IPO - Buy or Not

Technocraft IPO Recommendation Summary

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Brokers 1 0 1
Members 0 0 0

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Technocraft IPO FAQs

Technocraft IPO is a main-board IPO of 8,320,000 equity shares of the face value of ₹10 aggregating up to ₹87.36 Crores. The issue is priced at ₹95 to ₹105 per share. The minimum order quantity is 65 Shares.

The IPO opens on January 18, 2007, and closes on January 23, 2007.

Datamatics Financial Services Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Technocraft IPO opens on January 18, 2007 and closes on January 23, 2007.

Technocraft IPO lot size is 65 Shares, and the minimum amount required is ₹6,825.

You can apply in Technocraft IPO 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Technocraft IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Technocraft IPO allotment status.

The Technocraft IPO listing date is on February 12, 2007.
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Technocraft IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



35. dipak |   Link |  Bookmark |November 17, 2007 4:33:28 PM
I have purchased 1000 shares @ 117. now the price is around 60/- what is the future of the company. please tell me some one . thanks
34. Praveen Jaiswal |   Link |  Bookmark |May 24, 2007 2:27:45 PM
My application no. is 14701053. I was allotted zero shares. Please send my refund cheque for Rs.13650.00 at the following address:
Praveen Jaiswal
1143/4 Old Katra, Allahabad -211002 UP, India
33. Sharmistha |   Link |  Bookmark |February 20, 2007 7:32:57 PM
I have not yet got the refund amount.Please let me know if anyone is still waiting for the refund.
32. gholla |   Link |  Bookmark |February 16, 2007 11:13:47 PM
sorry for the goof-up.. i bought 100 shares for 109Rs..
31. gholla |   Link |  Bookmark |February 16, 2007 11:11:54 PM
yes! i got the refund..:) cheque was sent to my residential address..
more importantly, i also bought 40shares in the market for 158Rs.. !
30. Sharmistha |   Link |  Bookmark |February 16, 2007 8:50:29 PM
Please let me know, if anyone has received the refund amount.
29. ANAND NARAIN PRASAD |   Link |  Bookmark |February 15, 2007 10:25:33 AM
my application no is 1 3437311and been paid by cheque no.144163 dt23/01/07 of UCC BANK Mac Robertganj KANPUR . I DID NOT RECEIEVED THE REFUND YET. Hope for your kind reply . Hope for reply soon.
thanking you
12/483 flat no .101A
RATAN DHAM MacRobert Ganj
KANPUR 208001(U.P.)
ph. no. 9415087337
28. PANKAJ DHIR |   Link |  Bookmark |February 14, 2007 8:12:48 PM
against my application no 1 3571056 for 130 shares i was allotted 65 shares, but till date refund not recd...pls giv details of refund order sent ?
27. knmhalli |   Link |  Bookmark |February 13, 2007 8:34:30 AM
I have neither been alloted any shares nor have I received refund till today, even though those who got allotment enjoyed the profits.This is highly regretable. Can any body throw some light ?
26. kalrasony |   Link |  Bookmark |February 13, 2007 2:45:40 AM
neither Getting allotment nor refund can anyone tell whats happening
25. vikas jain |   Link |  Bookmark |February 12, 2007 8:44:22 PM
sold my shares @ 120 today..

made Rs.1000/-

Not bad...
24. AMIT SHAH |   Link |  Bookmark |February 11, 2007 8:14:19 AM
23. dilip |   Link |  Bookmark |February 11, 2007 4:54:25 AM
any one got idea of this listing price
22. s.rafee |   Link |  Bookmark |February 11, 2007 12:10:03 AM
listing date going on defintly 150 to 200
21. sachin shah |   Link |  Bookmark |February 10, 2007 9:40:15 AM
what price listing in cinemex ipo and what price band are rise in this ipo by listing day rise or false and what price are sell my share
20. nayan |   Link |  Bookmark |February 10, 2007 9:12:40 AM
can any one tell me the listing date
19. dilip |   Link |  Bookmark |February 10, 2007 12:28:50 AM
hello guys,
this is the kind of issue you would keep
for your next generation, its once in life time oppurtunity
irrespective of listing
18. AMIT SHAH |   Link |  Bookmark |February 9, 2007 8:18:07 AM
17. shabbir mamodaly |   Link |  Bookmark |February 9, 2007 8:11:52 AM
ipo allot ment

16. satish |   Link |  Bookmark |February 9, 2007 2:54:14 AM
thank you very much Vikas!!