Fixed Price IPO | ₹16 Cr | Listed at BSE SME | Mon, Jun 9, 2014 - Fri, Jun 13, 2014
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 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 Open
Mon, Jun 9, 2014
IPO Close
Fri, Jun 13, 2014
Issue Price
₹41 per share
Market Cap (Pre-IPO)
₹53.29 Cr
| IPO Date | 9 to 13 Jun, 2014 |
| Listed on | Thu, Jun 26, 2014 |
| Face Value | ₹10 per share |
| Issue Price | ₹41 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 39,78,000 shares (agg. up to ₹16 Cr) |
| Reserved for Market Maker | 2,01,000 shares Guiness Securities Ltd. (agg. up to ₹0.8241 Cr) |
| Fresh Issue (Ex Market Maker) | 37,77,000 shares (agg. up to ₹15 Cr) |
| Net Offered to Public | 37,77,000 shares (agg. up to ₹15 Cr) |
| Share Holding Pre Issue | 90,20,000 shares |
| Share Holding Post Issue | 1,29,98,000 shares |
| BSE Script Code | 538496 |
| ISIN | INE849M01017 |
Tarini International IPO comprises a total issue size of 39,78,000 shares. The net offer to the public is 37,77,000 shares, after excluding 2,01,000 shares allotted on a firm basis. Of the Net offer 18,88,500 (50.00%) allocated to NII 18,88,500 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 18,88,500 | 50.00% | 47.47% |
| Retail Shares Offered | 18,88,500 | 50.00% | 47.47% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,01,000 | 5.05% | |
| Total Shares Offered | 39,78,000 | 100.00% | 100.00% |
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.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
| KPI | |
|---|---|
| RoNW | -0.01% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 99.99% | 69.39% |
| Market Cap | ₹53.29 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees including fees and reimbursements of Market Making fees, selling commissions, brokerages, and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses. | 0.40 |
| 2 | Printing & Stationery, Distribution, Postage, etc. | 0.10 |
| 3 | Advertisement & Marketing Expenses | 0.15 |
| 4 | Regulatory & other expenses | 0.05 |
| 5 | Contingencies | 0.01 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹41.00 |
| Open | ₹42.00 |
| Low | ₹39.90 |
| High | ₹42.00 |
| Last Trade | ₹41.90 |
Lead Manager Reports
Tarini International IPO is a SME IPO of 39,78,000 equity shares of the face value of ₹10 aggregating up to ₹16 Crores. The issue is priced at ₹41 per share. The minimum order quantity is .
The IPO opens on Mon, Jun 9, 2014, and closes on Fri, Jun 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 Mon, Jun 9, 2014 and closes on Fri, Jun 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 Thu, Jun 26, 2014.
