Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Timbor Home IPO is a book build issue of ₹23.25 crores. The issue is entirely a fresh issue of 0.37 crore shares of ₹23.25 crore.
Timbor Home IPO bidding started from May 30, 2011 and ended on Jun 2, 2011. The shares got listed on BSE, NSE on Jun 22, 2011.
Timbor Home IPO price band is set at ₹63.00 per share . The lot size for an application is 100. The minimum amount of investment required by an retail is ₹5,400 (100 shares). The lot size investment for sNII is 32 lots (3,200 shares), amounting to ₹2,01,600, and for bNII, it is 159 lots (15,900 shares), amounting to ₹10,01,700.
Corporate Strategic Allianz Ltd. is the book running lead manager and Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue.
Refer to Timbor Home IPO RHP for detailed Information.
| IPO Date | May 30, 2011 to June 2, 2011 |
| Listing Date | June 22, 2011 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹54 to ₹63 per share |
| Issue Price Final | ₹63 per share |
| Lot Size | 100 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 36,90,000 shares (aggregating up to ₹23.25 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 1,10,66,580 shares |
| Share Holding Post Issue | 1,47,56,580 shares |
Timbor Home IPO offers total 36,90,000 shares. Out of which 18,45,000 (50.00%) allocated to QIB, 5,53,500 (15.00%) allocated to NII, 12,91,500 (35.00%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 18,45,000 (50.00%) | NA |
| NII (HNI) Shares Offered | 5,53,500 (15.00%) | NA |
| Retail Shares Offered | 12,91,500 (35.00%) | 12,915 |
| Total Shares Offered | 36,90,000 (100.00%) |
Timbor Home IPO opens on May 30, 2011, and closes on June 2, 2011.
| IPO Open Date | Mon, May 30, 2011 |
| IPO Close Date | Thu, Jun 2, 2011 |
| Tentative Listing Date | Wed, Jun 22, 2011 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Jun 2, 2011 |
Investors can bid for a minimum of 100 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 | 100 | ₹6,300 |
| Retail (Max) | 31 | 3,100 | ₹1,95,300 |
| S-HNI (Min) | 32 | 3,200 | ₹2,01,600 |
| S-HNI (Max) | 158 | 15,800 | ₹9,95,400 |
| B-HNI (Min) | 159 | 15,900 | ₹10,01,700 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in year 2000, Timbor Home Ltd is an India based manufacturer and retailer of Italian style modular kitchen components, door frames, home furniture and accessories. Company markets its products under brand names Timbor Cucine, Timbor Doors Timbor Home and IKI Kitchens.
Timbor has 3 manufacturing units in India, 2 of them are located in Ahmedabad and 1 in Anand district in Gujrat. Company market its product though more than 80 exclusive franchise stores in India.
| KPI | Values |
|---|---|
| RoNW | 14.6% |
The Company Timbor Home 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 | Plant and Machinery for Capacity Expansion | 2.60 |
| 2 | Establishment of Stores | 4.00 |
| 3 | Additional Working Capital Requirement | 13.18 |
| 4 | Public Issue Expenses | 1.62 |
| 5 | General Corporate Purpose | 1.85 |
CRISIL has assigned an IPO Grade 1 to Timbor Home IPO. This means as per CRISIL, company has 'Poor Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read Timbor Home IPO Grading Report
| Listing Date | June 22, 2011 |
| BSE Script Code | 533444 |
| NSE Symbol | TIMBOR |
| ISIN | INE346L01016 |
| Final Issue Price | ₹63 per share |
| BSE Listing Group | B |
Timbor Home Ltd.
A-2, Harikrupa Apartment,
Near Naranpura Railway Crossing,
Naranpura,
Ahmedabad, Gujarat, 380013
Phone: +91 79 2756 0537
Email: ipo@timborhome.com
Website: http://www.timborhome.com
Purva Sharegistry (India) Pvt.Ltd.
Phone: +91-022-23018261/ 23016761
Email: busicomp@vsnl.com
Website: https://www.purvashare.com/investor-service/ipo-query
Timbor Home IPO is a main-board IPO of 36,90,000 equity shares of the face value of ₹10 aggregating up to ₹23.25 Crores. The issue is priced at ₹63 per share. The minimum order quantity is 100.
The IPO opens on May 30, 2011, and closes on June 2, 2011.
Purva Sharegistry (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Timbor Home IPO using UPI as a payment gateway. Zerodha customers can apply in Timbor Home IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Timbor Home IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Timbor Home IPO opens on May 30, 2011 and closes on June 2, 2011.
Timbor Home IPO lot size is 100, and the minimum amount required for application is ₹6,300.
You can apply in Timbor Home 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 Timbor Home IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Timbor Home IPO allotment status.
The Timbor Home IPO listing date is on Wednesday, June 22, 2011.
Useful Articles
RHP