Transwarranty Finance Ltd IPO (Transwarranty IPO) Detail

Jan 23, 2007 - Feb 2, 2007

Established in 1994, Transwarranty Finance Limited (TFL) is a Non Banking Financial Services Company (NBFC) with active business in trade finance, corporate finance and investment banking activities.

TFL business line also include corporate advisory services, foreign exchange advisory, financial services BPO to Citi Financial Consumer Finance India Limited, Investment Banking and Wealth Management services to corporates, retail and institutional clients across various cities and towns in India.

TFL revenues comes from three major sources - Corporate Finance, Investment Banking & Advisory Services and Trade Finance.

TFL Subsidiaries:

1. Transwarranty Capital Private Limited (TCPL)
2. Transwarranty Forex & Commodities Private Limited (TFCPL)
3. Transwarranty Credit Care Private Limited (TCCPL)
4. Transwarranty Forex & Commodities DMCC, UAE (TFCD) (Proposed).

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and to raise capital for
1. Expansion of office premises for increasing the scale of operations;
2. Strategic investments or acquisition of companies engaged in the business of financial services and banking;
3. Geographic expansion through opening of regional offices and Overseas Branches;
4. Investment in Subsidiaries like Transwarranty Capital Pvt. Ltd, Transwarranty Forex & Commodities Pvt. Ltd., Transwarranty Credit Care Pvt. Ltd., Transwarranty Forex & Commodities DMCC - UAE (Acquisition and activation of membership in the Dubai Gold & Commodities Exchange 15.75 15.75).

Transwarranty IPO Details

IPO Opening Date	Jan 23, 2007
IPO Closing Date	Feb 2, 2007
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹48 to ₹55 per equity share
Market Lot	120 Shares
Min Order Quantity	120 Shares
Listing At	BSE, NSE
Issue Size	6,000,000 Eq Shares of ₹10 (aggregating up to ₹31.20 Cr)

Transwarranty IPO Lot Size

The Transwarranty IPO market lot size is 120 shares. A retail-individual investor can apply for up to 30 lots (3600 shares or ₹198,000).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	120	₹6,600
Maximum	30	3600	₹198,000

Transwarranty IPO Subscription Status (Bidding Detail)

The Transwarranty IPO is subscribed 1.59x times on Feb 2, 2007 17:00. The public issue subscribed 2.34x in the retail category, 1.03x in the QIB category, and 1.87x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
Total	1.59x

Transwarranty IPO Prospectus

› Transwarranty IPO DRHP
› Transwarranty IPO RHP

Transwarranty IPO Rating

2.8

Rating:

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Transwarranty IPO Listing Date

Listing Date	Monday, February 26, 2007
BSE Script Code	532812
NSE Symbol	TFL
Listing In	B1 Group of Securities
ISIN	INE804H01012
IPO Price	₹52 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE
₹52.00
₹60.00
₹46.10
₹63.00
₹47.25
6,789,016

NSE
₹52.00
₹56.00
₹45.55
₹60.90
₹47.45
5,419,044

Transwarranty IPO Reviews / Ratings

Sorry, we couldn't find any reviews, please check back later.

Company Contact Information

Transwarranty Finance Ltd
Transwarranty Finance Limited (TFL),
403, Regent Chambers,
Nariman Point, Mumbai � 400021

Phone: +91 22 2204 7965
Email: ibank@transwarranty.com
Website: http://www.transwarranty.com

Transwarranty IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: transwarrantyipo@intimesprectrum.com
Website: http://www.linkintime.co.in

Transwarranty IPO Lead Manager(s)

IDBI Capital Market Services Limited

Lead Manager Reports

Transwarranty IPO FAQs

What is Transwarranty IPO?

Transwarranty IPO is a main-board IPO of 6,000,000 equity shares of the face value of ₹10 aggregating up to ₹31.20 Crores. The issue is priced at ₹48 to ₹55 per equity share. The minimum order quantity is 120 Shares.

The IPO opens on Jan 23, 2007, and closes on Feb 2, 2007.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When Transwarranty IPO will open?

The Transwarranty IPO opens on Jan 23, 2007 and closes on Feb 2, 2007.
What is the lot size of Transwarranty IPO?

Transwarranty IPO lot size is 120 Shares and the minimum order quantity is 120 Shares.
How to apply for Transwarranty IPO?

You can apply in Transwarranty 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.
When Transwarranty IPO allotment?

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

The Transwarranty IPO listing date is on Monday, February 26, 2007.

Transwarranty IPO Message Board

Ranked Members

21. MM |Feb 26, 2007 07:43

transwarranty is extremely good pls see the RHP and check the financials. April first week it will touch 180-200

20. ROOPALI GOEL |Feb 26, 2007 06:52

transwarranty finance limited is the good ipo.He is listed in the marked on 26th feb.He is listed in NSE is 80-85 and
in BSE is 78-83.HE is very good performed in the market.
But donot invest in the long term investment in this company.

19. tc |Feb 24, 2007 12:51

people who want to buy can get at 30 rs easily on monday.but i think 15-20 rs is the right value of this stock

18. Amit Jain |Feb 23, 2007 02:49

What is the review of this IPO, will we all gain some benefit or this will also go down along with the market

17. ABHISHEK.JAIN |Feb 22, 2007 22:48

Transwarranty Finance Limited TO BE LISTED ON 26TH FEB, MONDAY. 100% SURE NEWS.

16. danny |Feb 22, 2007 20:19

Any idea when this stock is going to be listed. Please respond.

15. Sowmya |Feb 22, 2007 03:01

When is this being listed on the exchange?

14. tarun |Feb 21, 2007 11:54

surely to go below issue price.No demand for it.

13. Johnson |Feb 17, 2007 23:41

How come I applied 100, checked my status, system says applied 200 and got 100. Hope the 'got 100' part right. Also hope I get some refund also :-)

12. SKD |Feb 8, 2007 07:14

I CAME TO KNOW ITS MERGING IN hdfc,is it

11. Aman |Feb 7, 2007 21:18

Where can we find grey market premiums? Any idea

10. shridhara mahadeven |Feb 4, 2007 21:01

we came t0 know ,the firm is planning to get merge in HDFc bank ,The valuation would be @ 230-280 ,if so

9. pramod |Feb 2, 2007 20:51

This is a very good company. Dont miss the oppurtunity.. now you can get as many as u apply for...

8. PRAVEEN ASOPA |Feb 1, 2007 10:12

THIS IS GOOD COMPANY.DONT MISSIT

7. JALALHAYATH |Jan 30, 2007 01:03

HI I PERSONALLY THINK THIS IS GOT THE WORST RATING AND IT WILL LIST LIKE THE CAS OF CAIRN LTD.SO BETTER AVOID IT AND SUBSCRIBE FOR FIRSTSOURCE IT IS VERY GOOD.

6. Ramesh |Jan 27, 2007 05:15

Chittorgarh TEAM,

Please provide your valueations about new IPO's, People are so crazy and one will says it is a good issue and the other says it is worst... Finally persons like us are in confusion... So please provide your Valuations too in feature for all IPO's

Regards,
Ramesh

5. Vikram R |Jan 23, 2007 06:39

Valuation:

Transwarranty Finance Ltd (TFL) is one such small sized financial intermediary, with an annual sales turnover of Rs 5.28 crore and net profit of Rs 2.47 crore in FY06.

On the pricing end, based on the upper price band, on listing the stock will have a market capitalisation of Rs 77 crore. This cannot justify a revenue base of Rs 5.28 crore in FY2006.

On the price band of Rs 48-55 the issue is offered at a P/E multiple of 20-24 times to its annualised earnings of FY07 on post issue capital and 1.6 times to its book value of Rs 33.28. Considering its low presence and turnover base, the issue at current valuations does not seem very lucrative. And these valuations are still needed to be looked in the light of the concerns and uncertainty looming over its business model.

(financialexpress)

4. sriprakash |Jan 23, 2007 06:04

Got to apply it for sure...

3. prasad |Jan 20, 2007 03:43

HOW IS THIS ISSUE? CAN WE APPLY? I

2. vijay |Jan 19, 2007 02:45

DONT MISS IT

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