Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Technocraft IPO is a book build issue of ₹87.36 crores. The issue is entirely a fresh issue of 0.83 crore shares of ₹87.36 crore.
Technocraft IPO bidding started from Jan 18, 2007 and ended on Jan 23, 2007. The shares got listed on BSE, NSE on Feb 12, 2007.
Technocraft IPO price band is set at ₹105.00 per share . The lot size for an application is 65. The minimum amount of investment required by an retail is ₹6,175 (65 shares). The lot size investment for sNII is 30 lots (1,950 shares), amounting to ₹2,04,750, and for bNII, it is 147 lots (9,555 shares), amounting to ₹10,03,275.
The issue includes a reservation of up to 4,20,000 shares for employees offered at a discount of ₹0.00 to the issue price.
Anand Rathi Advisors Ltd. is the book running lead manager and Datamatics Business Soultions Ltd. is the registrar of the issue.
Refer to Technocraft IPO RHP for detailed Information.
| IPO Date | January 18, 2007 to January 23, 2007 |
| Listing Date | February 12, 2007 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹95 to ₹105 per share |
| Issue Price Final | ₹105 per share |
| Lot Size | 65 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 83,20,000 shares (aggregating up to ₹87.36 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 2,32,06,750 shares |
| Share Holding Post Issue | 3,15,26,750 shares |
Technocraft IPO offers total 83,20,000 shares. Out of which 39,50,000 (47.48%) allocated to QIB, 11,85,000 (14.24%) allocated to NII, 27,65,000 (33.23%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 39,50,000 (47.48%) | NA |
| NII (HNI) Shares Offered | 11,85,000 (14.24%) | NA |
| Retail Shares Offered | 27,65,000 (33.23%) | 42,538 |
| Employee Shares Offered | 4,20,000 (5.05%) | NA |
| Total Shares Offered | 83,20,000 (100.00%) |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Technocraft IPO opens on January 18, 2007, and closes on January 23, 2007.
| IPO Open Date | Thu, Jan 18, 2007 |
| IPO Close Date | Tue, Jan 23, 2007 |
| Tentative Listing Date | Mon, Feb 12, 2007 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Jan 23, 2007 |
Investors can bid for a minimum of 65 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 65 | ₹6,825 |
| Retail (Max) | 29 | 1,885 | ₹1,97,925 |
| S-HNI (Min) | 30 | 1,950 | ₹2,04,750 |
| S-HNI (Max) | 146 | 9,490 | ₹9,96,450 |
| B-HNI (Min) | 147 | 9,555 | ₹10,03,275 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Technocraft Industries (India) Limited is a multi divisional company engaged in the manufacture of a drum closures, pipes and scaffoldings and fabrics and garments with modern production facilities.
They cater to both the domestic and global trade and have positioned ourselves as a multi product and multi market player ensuring that our target market is a diverse mix of the domestic market and international market (exports). Their manufacturing facilities are based at Murbad, Thane.
| KPI | Values |
|---|---|
| RoNW | 10.05% |
The Company Technocraft 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 | Capital Expenditure | |
| 2 | Drum Closure Division | 193.89 |
| 3 | Pipe Division | 199.07 |
| 4 | Yarn Division | 608.00 |
| 5 | 15 MW Power Plant | 600.00 |
| 6 | Issue Expenses | 56.94 |
| Listing Date | February 12, 2007 |
| BSE Script Code | 532804 |
| NSE Symbol | TIIL |
| ISIN | INE545H01011 |
| Final Issue Price | ₹105 per share |
| BSE Listing Group | B1 |
Technocraft Industries (India) Ltd.
Technocraft Industries (India) Limited,
M.I.D.C, Street No.3, Marol Industrial Area,
A-25, Road No.3, Andheri (W) Mumbai – 400 053
Andheri, Maharashtra
Phone: +91-22-40982222
Email: ipo@technocraftgroup.com
Website: http://www.technocraftgroup.com
Datamatics Business Soultions Ltd.
Phone: +91-22-66712151
Email: technocraft@dfssl.com
Website: https://www.datamatics.com/investors/shareholder-s
Technocraft IPO is a main-board IPO of 83,20,000 equity shares of the face value of ₹10 aggregating up to ₹87.36 Crores. The issue is priced at ₹105 per share. The minimum order quantity is 65.
The IPO opens on January 18, 2007, and closes on January 23, 2007.
Datamatics Business Soultions Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Technocraft IPO using UPI as a payment gateway. Zerodha customers can apply in Technocraft IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Technocraft IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Technocraft IPO opens on January 18, 2007 and closes on January 23, 2007.
Technocraft IPO lot size is 65, and the minimum amount required for application is ₹6,825.
You can apply in Technocraft 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 Technocraft IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Technocraft IPO allotment status.
The Technocraft IPO listing date is on Monday, February 12, 2007.
Useful Articles
RHP