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Incorporated in 2012, Tirupati Forge Ltd is a manufacturer and supplier of quality assured Forged Flanges, Auto Parts, Automotive Components and Fitting Components. They are an ISO 9001:2008 certified Company and engaged in manufacturing of closed die forged products like auto component, bearings, gears, etc and forged flanges of mild steel, carbon steel, stainless steel etc. based out at Hadamtala Industrial Estate, Rajkot, Gujarat. These products are used in automotive machines, vehicles and various other machines that we use in our daily life.
The company was initially set up to cater requirements of international market mainly to US and gradually, it started exporting to Italy, Morocco etc as well as in domestic market. They have equipped forge shop with all supporting facilities like in house die shop, ring rolling machines, CNC Machine Shop, CNC Drilling, Stamping Machine, Automated Paint Line etc.
The object of the issue are:
1. Working Capital requirements
2. Repayment of Loan
3. General Corporate Purpose
| Tirupati Forge IPO Date | Sep 29, 2017 to Oct 4, 2017 |
| Tirupati Forge IPO Face Value | ₹10 per share |
| Tirupati Forge IPO Price | ₹29 per share |
| Tirupati Forge IPO Lot Size | 4000 Shares |
| Issue Size | 1,800,000 shares of ₹10 (aggregating up to ₹5.22 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Company Promoters | The promoters of the company are: 1. Hitesh Thummar |
The Tirupati Forge IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹116,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹116,000 |
| Retail (Max) | 1 | 4000 | ₹116,000 |
Considering aggressive pricing, risk savvy cash surplus investors may consider investment for long term. Read detail review...
The Tirupati Forge IPO is subscribed times on Oct 4, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|
| Listing Date | Thursday, October 12, 2017 |
| BSE Script Code | |
| NSE Symbol | FORGE |
| Listing In | |
| ISIN | INE319Y01016 |
| IPO Price | ₹29 per share |
| Face Value | ₹10 per share |
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Tirupati Forge Ltd
Plot No. 1 - 5, Survey No. 92/1,
Near Shan Cement, Hadamtala Industrial Area,
Kotda Sangani Hadamtala, Rajkot 360311
Phone: 02827 - 27 0 512 /13
Email: info@tirupatiforge.com
Website: http://www.tirupatiforge.com
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: irupatifoge.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Tirupati Forge IPO is a SME IPO of 1,800,000 equity shares of the face value of ₹10 aggregating up to ₹5.22 Crores. The issue is priced at ₹29 per share. The minimum order quantity is 4000 Shares.
The IPO opens on Sep 29, 2017, and closes on Oct 4, 2017.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Tirupati Forge IPO opens on Sep 29, 2017 and closes on Oct 4, 2017.
Tirupati Forge IPO lot size is 4000 Shares and the minimum order quantity is .
You can apply in Tirupati Forge 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 Tirupati Forge IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Tirupati Forge IPO allotment status.
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