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Tarini International IPO is a fixed price issue of ₹16.31 crores. The issue is entirely a fresh issue of 0.40 crore shares of ₹16.31 crore.
Tarini International IPO bidding started from Jun 9, 2014 and ended on Jun 13, 2014. The shares got listed on BSE SME on Jun 26, 2014.
Tarini International IPO price is ₹41.00 per share .
Oneview Corporate Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The market maker of the company is Guiness Securities Ltd..
Refer to Tarini International IPO RHP for detailed Information.
| IPO Date | June 9, 2014 to June 13, 2014 |
| Listing Date | June 26, 2014 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹41 per share |
| Lot Size | |
| Sale Type | Fresh Capital |
| Total Issue Size | 39,78,000 shares (aggregating up to ₹16.31 Cr) |
| Reserved for Market Maker | 2,01,000 shares Guiness Securities Ltd. (aggregating up to ₹0.8241 Cr) |
| Net Offered to Public | 37,77,000 shares (aggregating up to ₹15.49 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 90,20,000 shares |
| Share Holding Post Issue | 1,29,98,000 shares |
Tarini International IPO offers total 39,78,000 shares. Out of which 18,88,500 (47.47%) allocated to NII, 18,88,500 (47.47%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,01,000 (5.05%) |
| NII (HNI) Shares Offered | 18,88,500 (47.47%) |
| Retail Shares Offered | 18,88,500 (47.47%) |
| Total Shares Offered | 39,78,000 (100.00%) |
Tarini International IPO opens on June 9, 2014, and closes on June 13, 2014.
| IPO Open Date | Mon, Jun 9, 2014 |
| IPO Close Date | Fri, Jun 13, 2014 |
| Tentative Listing Date | Thu, Jun 26, 2014 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Jun 13, 2014 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1999, Tarini International Ltd, (TIL) has been evolved as an engineering arm to provide financial and technical consultancy related to Hydro Power generation, Transmission and Distribution and Infrastructure. Over a period of time, it has emerged as an integrated player providing turn-key services under one umbrella from designing, construction, generation, transmission and distribution.
The company is also professionally competent to undertake projects from concept to commissioning. This entire set of activities, completes the value chain by providing the synergy of backward as well as forward integration.
TIL intends to develop its own 5 MW Kanyatana mini small hydro project in Karnataka under IPP and shall soon be taking up the execution of the same. The project is scheduled to be completed in 2 years’ time and is propose to generate approx. 35 million KWH annually.
| KPI | Values |
|---|---|
| RoNW | -0.01% |
The Company Tarini International IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | To finance Long Term incremental working capital requirements | 10.00 |
| 2 | Renovation & Interior of the Registered Office | 1.60 |
| 3 | Brand Building | 1.50 |
| 4 | General Corporate purposes | 2.50 |
| 5 | Issue Expenses | 0.71 |
[Dilip Davda] <p class="NoSpacing" style="text-align: justify; margin: 0in 0in 0pt;"><strong><span style="text-decoration: underline;"><span style="font-size: medium;"><span style="font-family: Calibri;">Remark: Avoid this highly priced issue that also has entry barriers. </span></span></span></strong></p> Read detail review...
| Listing Date | June 26, 2014 |
| BSE Script Code | 538496 |
| NSE Symbol | |
| ISIN | INE849M01017 |
| Final Issue Price | ₹41 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹41.00 |
| Open | ₹42.00 |
| Low | ₹39.90 |
| High | ₹42.00 |
| Last Trade | ₹41.90 |
Tarini International Ltd.
D-2, 1st Floor, Amar Colony,
Lajpat Nagar IV,
New Delhi-110024
New Delhi, New Delhi
Phone: 91-11-26479995/26285364
Email: tarini@nde.vsnl.net.in
Website: http://www.tariniindia.com
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: ptl.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Tarini International IPO is a SME IPO of 39,78,000 equity shares of the face value of ₹10 aggregating up to ₹16.31 Crores. The issue is priced at ₹41 per share. The minimum order quantity is .
The IPO opens on June 9, 2014, and closes on June 13, 2014.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Tarini International IPO using UPI as a payment gateway. Zerodha customers can apply in Tarini International IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Tarini International IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Tarini International IPO opens on June 9, 2014 and closes on June 13, 2014.
Tarini International IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Tarini International IPO 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 Tarini International IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Tarini International IPO allotment status.
The Tarini International IPO listing date is on Thursday, June 26, 2014.
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