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Titagarh Wagons IPO is a book built issue of Rs 128.72 crores.
Titagarh Wagons IPO bidding started from March 24, 2008 and ended on March 27, 2008. The shares got listed on BSE, NSE on April 21, 2008.
Titagarh Wagons IPO price band is set at ₹540 to ₹610 per share. The minimum lot size for an application is 10 Shares. The minimum amount of investment required by retail investors is ₹6,100.
Kotak Mahindra Capital Company Limited is the book running lead manager of the Titagarh Wagons IPO, while Kfin Technologies Limited is the registrar for the issue.
Refer to Titagarh Wagons IPO RHP for detailed information.
IPO Date | March 24, 2008 to March 27, 2008 |
Listing Date | April 21, 2008 |
Face Value | ₹10 per share |
Price Band | ₹540 to ₹610 per share |
Lot Size | 10 Shares |
Total Issue Size | 2,383,768 shares (aggregating up to ₹128.72 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Investors can bid for a minimum of 10 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 | 10 | ₹6,100 |
Retail (Max) | 32 | 320 | ₹195,200 |
Lot Size Calculator |
Incorporated in 1997, Titagarh Wagons Limited is one of the leading private sector wagon manufacturers in India. It is in the business of manufacturing railway wagons, Bailey bridges, Heavy Earth Moving and Mining equipment, steel and SG iron castings of moderate to complex configuration etc.
They also manufacture other products for the Indian defence establishment, such as special purpose wagons, shelters and other engineering equipments. They had approximately 16.9% market share in the wagon manufacturing segment in Fiscal 2006, which has further increased to approximately 22.1% in Fiscal 2007.
Titagarh Wagons Limited are the only private sector company registered with the Ministry of Defence, Government of India to manufacture Bailey bridges and other related accessories in India. Titagarh Wagons Limited aspires to be a leader as a manufacturer of heavy engineering equipment and a world-class service provider for the infrastructure sector. They operate two manufacturing facilities located at Titagarh and Uttarpara, in West Bengal.
Particulars | For the year/period ended (Rs. in million) | |||
31-Mar-07 | 31-Mar-06 | 31-Mar-05 | 31-Mar-04 | |
Total Income | 2840.5 | 1244.6 | 1097.3 | 581.1 |
Profit After Tax (PAT) | 291.9 | 128.5 | 73.2 | 42.5 |
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Set up an EMU manufacturing facility at our Uttarpara unit;
2. Modernise and expand our existing facilities at our Titagarh and Uttarpara units;
3. Set up an axle machining and wheelset assembly facility at our Uttarpara unit;
4. Construct a corporate office and a design cum research and development office;
5. Strategic acquisition or investments;
6. Brand building exercise;
7. General corporate purposes.
The Titagarh Wagons IPO is subscribed 6.75 times on March 27, 2008 5:00:00 PM. The public issue subscribed 0.98 times in the retail category, 10.37 times in the QIB category, and 2.77 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|
Listing Date | April 21, 2008 |
BSE Script Code | 532966 |
NSE Symbol | TITAGARH |
ISIN | INE615H01020 |
Final Issue Price | ₹540 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE |
---|
₹540.00 |
₹550.00 |
₹550.00 |
₹734.40 |
₹707.20 |
NSE |
---|
₹540.00 |
₹540.00 |
₹540.00 |
₹734.70 |
₹706.85 |
Titagarh Wagons Limited
Premlata, 4th Floor,
39, Shakespeare Sarani,
Kolkata, 700 017, India.
Phone: + 91-33 2283 4467
Email: investors@titagarh.biz
Website: http://www.titagarh.biz
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: investors@titagarh.biz
Website: https://kosmic.kfintech.com/ipostatus/
Titagarh Wagons IPO is a main-board IPO of 2,383,768 equity shares of the face value of ₹10 aggregating up to ₹128.72 Crores. The issue is priced at ₹540 to ₹610 per share. The minimum order quantity is 10 Shares.
The IPO opens on March 24, 2008, and closes on March 27, 2008.
Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Titagarh Wagons IPO opens on March 24, 2008 and closes on March 27, 2008.
Titagarh Wagons IPO lot size is 10 Shares, and the minimum amount required is ₹6,100.
You can apply in Titagarh Wagons 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 Titagarh Wagons IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Titagarh Wagons IPO allotment status.
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