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Incorporated in year 2000, Timbor Home Ltd is an India based manufacturer and retailer of Italian style modular kitchen components, door frames, home furniture and accessories. Company markets its products under brand names Timbor Cucine, Timbor Doors Timbor Home and IKI Kitchens.
Timbor has 3 manufacturing units in India, 2 of them are located in Ahmedabad and 1 in Anand district in Gujrat. Company market its product though more than 80 exclusive franchise stores in India.
The objects of the issue are:
1. Purchase of Machinery;
2. Establishment of new stores across India;
3. Additional working capital requirements;
4. Public Issue Expenses;
5. General Corporate Purpose;
6. To list shares of the company.
| Timbor Home IPO Date | May 30, 2011 to Jun 2, 2011 |
| Timbor Home IPO Face Value | ₹10 per share |
| Timbor Home IPO Price | ₹54 to ₹63 per share |
| Timbor Home IPO Lot Size | 100 Shares |
| Issue Size | 3,690,000 shares of ₹10 (aggregating up to ₹23.25 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Company Promoters | The promoters of Timbor Home are: 1. Mr. Anant Sureshchandra Maloo |
The Timbor Home IPO lot size is 100 shares. A retail-individual investor can apply for up to 31 lots (3100 shares or ₹195,300).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹6,300 |
| Retail (Max) | 31 | 3100 | ₹195,300 |
CRISIL has assigned an IPO Grade 1 to Timbor Home 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. Read Timbor Home IPO Grading Report
The Timbor Home IPO is subscribed 5.78 times on Jun 2, 2011 5:30:00 PM. The public issue subscribed 14.22 times in the retail category, 0.65 times in the QIB category, and 3.22 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 0.65 |
| NII | 3.22 |
| Retail | 14.22 |
| Total | 5.78 |
| Listing Date | Wednesday, June 22, 2011 |
| BSE Script Code | 533444 |
| NSE Symbol | TIMBOR |
| Listing In | B Group of Securities |
| ISIN | INE346L01016 |
| IPO Price | ₹63 per share |
| Face Value | ₹10 per share |
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Timbor Home Limited
A-2, Harikrupa Apartment,
Near Naranpura Railway Crossing,
Naranpura, Ahmedabad, Gujarat – 380 013
Phone: +91 79 2756 0537
Email: ipo@timborhome.com
Website: http://www.timborhome.com
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: busicomp@vsnl.com
Website: http://www.purvashare.com
| Review By | Subscribe | Neutral | Avoid |
|---|---|---|---|
| Brokers | 0 | 0 | 3 |
| Members | 0 | 0 | 0 |
IPO Broker Recommendations
Timbor Home IPO is a main-board IPO of 3,690,000 equity shares of the face value of ₹10 aggregating up to ₹23.25 Crores. The issue is priced at ₹54 to ₹63 per share. The minimum order quantity is 100 Shares.
The IPO opens on May 30, 2011, and closes on Jun 2, 2011.
Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Timbor Home IPO opens on May 30, 2011 and closes on Jun 2, 2011.
Timbor Home IPO lot size is 100 Shares and the minimum order quantity is .
You can apply in Timbor Home 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 Timbor Home IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Timbor Home IPO allotment status.
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PL.HELP ME. TIMBER HOME WAS LISTED YESTERDAY. COULD I SHORT SELL 500 SHARES TODAY? IF NOT, WHY?
AYODHYA