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Incorporated in 1994, Tentiwal Wire Products Ltd offers complete range of product for winding conductors of transformers and AC/DC Motors. Company's manufacture products basically on made-to-order basis as per Customer specification. Marketing is centrally controlled from Mathura.
Currently company manufactures:
1. Copper Wire Units which includes Submersible Motor Winding Wire, Super Enameled Copper Wire, Paper Covered Copper Strips and Wire, Paper Covered Aluminium Strips and Wire.
2. Aluminum Extrusion Units which includes Industrial Section (Heat Sinks), Hardware Section (Rods, Ladders, Tower Bolt, step Ending, Exhibition Section, Ferul, etc.), Furniture Section (Work section Channels, Cover Plate, Photo Frames etc.), Architectural Section (Tubes, Double Partitions, Square tube, Door Top, Patam Tube, Mullion, Bolts, etc) and Several Misc. Section.
The Objects of the Issue are as follows:
1. To reduce overall indebtedness of the Company by repayment of the outstanding loan from Aditya Birla Finance Limited (ABFL);
2. General Corporate Purpose;
3. To Meet the Issue Expenses.
| Tentiwal Wire IPO Date | Dec 11, 2013 to Dec 16, 2013 |
| Tentiwal Wire IPO Face Value | ₹10 per share |
| Tentiwal Wire IPO Price | ₹13 per share |
| Tentiwal Wire IPO Lot Size | 10000 Shares |
| Issue Size | 1,630,000 shares of ₹10 (aggregating up to ₹2.12 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | The promoters of the company are: 1. Mr. Radha Pad Tentiwala |
The Tentiwal Wire IPO lot size is 10000 shares. A retail-individual investor can apply for up to 1 lots (10000 shares or ₹130,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 10000 | ₹130,000 |
| Maximum | 1 | 10000 | ₹130,000 |
Avoid. Tentiwal Wire Products Ltd. with an EPS of Rs. 0.06 and based on it the asking price is at a P/E of 200 plus against its peers that are trading at a P/E of 2 to 4. Its merchant banker has poor track record so far. Read detail review...
Tentiwal Wire IPO Recommendation by Members Tentiwal Wire IPO Recommendations Details | Post Recommendation | Manage Recommendations
| Subscribe | Neutral | Avoid |
|---|---|---|
| 0 | 0 | 0 |
No Record Found.
| Listing Date | Tuesday, December 31, 2013 |
| BSE Script Code | 537119 |
| NSE Symbol | |
| Listing In | MT Group of Securities |
| ISIN | INE486P01011 |
| IPO Price | ₹13 per share |
| Face Value | ₹10 per share |
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Tentiwal Wire Products Ltd
Delhi Masani Road,
Radhey Shyam Colony,
Mathura -281003, Uttar Pradesh
Phone: +91 - 565 - 2530032
Email: ipo@tentiwala.com
Website: http://www.tentiwal.co.in
Sharepro Services Private Limited
Phone: 9999999999
Email: sme.ipo@shareproservices.com
Website: http://
Tentiwal Wire IPO is a SME IPO of 1,630,000 equity shares of the face value of ₹10 aggregating up to ₹2.12 Crores. The issue is priced at ₹13 per share. The minimum order quantity is 10000 Shares.
The IPO opens on Dec 11, 2013, and closes on Dec 16, 2013.
Sharepro Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Tentiwal Wire IPO opens on Dec 11, 2013 and closes on Dec 16, 2013.
Tentiwal Wire IPO lot size is 10000 Shares and the minimum order quantity is .
You can apply in Tentiwal Wire 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Tentiwal Wire IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Tentiwal Wire IPO allotment status.
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