Bookbuilding FPO | ₹50 Cr | Listed at BSE | Thu, Sep 1, 2005 - Fri, Sep 9, 2005
Talbros Automotive Components FPO is a book build issue of ₹50.00 crores. The issue is entirely a fresh issue of 0.49 crore shares of ₹50.00 crore.
Talbros Automotive Components FPO bidding started from Sep 1, 2005 and ended on Sep 9, 2005. The shares got listed on the BSE on Sep 28, 2005.
Talbros Automotive Components FPO is set final issue price at ₹102 per share.
Standard Chartered Securities (India) Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Talbros Automotive Components FPO RHP for detailed Information.
FPO Open
Thu, Sep 1, 2005
FPO Close
Fri, Sep 9, 2005
Issue Price
₹102 per share
Market Cap (Pre-IPO)
₹108.65 Cr
| IPO Date | 1 to 9 Sep, 2005 |
| Listed on | Wed, Sep 28, 2005 |
| Face Value | ₹10 per share |
| Price Band | ₹90 to ₹102 |
| Issue Price | ₹102 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding FPO |
| Listing At | BSE |
| Total Issue Size | 49,01,963 shares (agg. up to ₹50 Cr) |
| Reserved for Private Promoter | 2,45,099 shares (agg. up to ₹3 Cr) |
| Fresh Issue | 46,56,864 shares (agg. up to ₹48 Cr) |
| Net Offered to Public | 46,56,864 shares (agg. up to ₹48 Cr) |
| Share Holding Pre Issue | 57,50,003 shares |
| Share Holding Post Issue | 1,06,51,966 shares |
| BSE Script Code | 505160 TALBROAUTO |
| ISIN | INE187D01029 |
Talbros Automotive Components FPO comprises a total issue size of 46,56,864 shares. The net offer to the public is 44,11,765 shares, after excluding 2,45,099 shares allotted on a firm basis. Of the Net offer 23,28,432 (50.00%) are allocated to QIB, 11,64,216 (25.00%) allocated to NII 11,64,216 (25.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 23,28,432 | 50.00% | 50.00% |
| NII (HNI) Shares Offered | 11,64,216 | 25.00% | 25.00% |
| Retail Shares Offered | 11,64,216 | 25.00% | 25.00% |
| Firm Reservations | |||
| Private Promoter Shares Offered | 2,45,099 | 5.26% | |
| Total Shares Offered | 46,56,864 | 100.00% | 100.00% |
Established in 1956, Talbros Automotive Components Ltd. (TACL) is a premier Indian manufacturer specialising in automotive gaskets, heat shields, forgings, suspension systems, and anti-vibration components. As a flagship company, it serves major global OEMs across passenger, commercial, and two-wheeler segments, with a growing focus on electric vehicles (EV) and a strong export presence.
The company produces gaskets (multi-layer steel, rubber), heat shields, forging products (flanges, gears), chassis components (control arms), and anti-vibration mounts.
The company is headquartered in Faridabad, Haryana, with manufacturing facilities in Bawal, supporting over 30 OEM clients globally.
The company supplies to major automakers like Bajaj Auto, Tata Motors, Hero MotoCorp, and Tata Cummins.
The company has over 6 decades of experience with a strong focus on high-temperature applications, EV-compatible products, and export.
| Period Ended | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Assets | 72.48 | 58.26 | 48.06 |
| Total Income | 105.85 | 84.51 | 68.36 |
| Profit After Tax | 4.70 | 1.96 | 1.48 |
| NET Worth | 16.02 | 11.92 | 10.21 |
| Reserves and Surplus | 11.52 | 11.79 | 10.22 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of a forging unit to cater to the existing demand within the group | 31.82 |
| 2 | Investment in joint venture with Nippon Leakless Corporation, Japan for catering mainly to Honda group of companieswithin the country | 4.80 |
| 3 | Expansion of the current gasket manufacturing facility at Faridabad and Pune plant | 9.46 |
| 4 | To meet the expenses of the Issue | 4.22 |
| Total | 50.30 |
| KPI | Mar 31, 2005 |
|---|---|
| RoNW | 29.13% |
| Price to Book Value | 3.66 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 8.17 | 4.41 |
| P/E (x) | 12.49 | 23.14 |
| Promoter Holding | 44.62% | 26.39% |
| Market Cap | ₹108.65 Cr. |
The Talbros Automotive Components FPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 43.04 | 46,56,864 | 20,04,29,161 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees of Book Running Lead Managers Fees, Registrar, Legal Advisor, Auditors, etc. | 0.38 |
| 2 | Printing & Stationery Distribution, Postage, etc. | 1.25 |
| 3 | Advertisement and Marketing expenses | 1.00 |
| 4 | Underwriting Commission, Brokerage and selling expenses | 1.50 |
| 5 | Other expenses | 0.08 |
| Total | 4.21 |
| Price Details | BSE |
|---|---|
| Final Issue Price | ₹102.00 |
| Open | ₹110.10 |
| Low | ₹109.85 |
| High | ₹117.70 |
| Last Trade | ₹111.35 |
Lead Manager Reports
Talbros Automotive Components FPO is a main-board FPO of 49,01,963 equity shares of the face value of ₹10 aggregating up to ₹50 Crores. The issue is priced at ₹102 per share. The minimum order quantity is .
The FPO opens on Thu, Sep 1, 2005, and closes on Fri, Sep 9, 2005.
Kfin Technologies Ltd. is the registrar for the FPO. The shares are proposed to be listed on BSE.
Zerodha customers can apply online in Talbros Automotive Components FPO using UPI as a payment gateway. Zerodha customers can apply in Talbros Automotive Components FPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Talbros Automotive Components FPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Talbros Automotive Components FPO opens on Thu, Sep 1, 2005 and closes on Fri, Sep 9, 2005.
Talbros Automotive Components FPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Talbros Automotive Components FPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Talbros Automotive Components FPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Talbros Automotive Components FPO allotment status.
The Talbros Automotive Components FPO listing date is on .
