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Titaanium Ten Enterprise IPO is a fixed price issue of ₹2.72 crores. The issue is entirely a fresh issue of 0.18 crore shares of ₹2.72 crore.
Titaanium Ten Enterprise IPO bidding started from Jun 30, 2016 and ended on Jul 5, 2016. The shares got listed on BSE SME on Jul 14, 2016.
Titaanium Ten Enterprise IPO price is ₹15.00 per share . The lot size for an application is 8,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (8000 shares). The minimum lot size investment for HNI is 2 lots (16,000 shares), amounting to ₹2,40,000.
Pantomath Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Rikhav Securities Ltd..
Refer to Titaanium Ten Enterprise IPO RHP for detailed Information.
| IPO Date | June 30, 2016 to July 5, 2016 |
| Listing Date | July 14, 2016 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹15 per share |
| Lot Size | 8,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 18,16,000 shares (aggregating up to ₹2.72 Cr) |
| Reserved for Market Maker | 96,000 shares Rikhav Securities Ltd. (aggregating up to ₹0.1440 Cr) |
| Net Offered to Public | 17,20,000 shares (aggregating up to ₹2.58 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 49,12,507 shares |
| Share Holding Post Issue | 67,28,507 shares |
Titaanium Ten Enterprise IPO offers total 18,16,000 shares. Out of which 8,56,000 (47.14%) allocated to NII, 8,64,000 (47.58%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 96,000 (5.29%) |
| NII (HNI) Shares Offered | 8,56,000 (47.14%) |
| Retail Shares Offered | 8,64,000 (47.58%) |
| Total Shares Offered | 18,16,000 (100.00%) |
Titaanium Ten Enterprise IPO opens on June 30, 2016, and closes on July 5, 2016.
| IPO Open Date | Thu, Jun 30, 2016 |
| IPO Close Date | Tue, Jul 5, 2016 |
| Tentative Listing Date | Thu, Jul 14, 2016 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Jul 5, 2016 |
Investors can bid for a minimum of 8,000 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 | 8,000 | ₹1,20,000 |
| Retail (Max) | 1 | 8,000 | ₹1,20,000 |
| HNI (Min) | 2 | 16,000 | ₹2,40,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1991, Titaanium Ten Enterprise Limited is engaged in trading of yarn, grey cloth and manufacturing and trading of knitted fabrics. Information in this paragraph is copied from chittorgarh.com.They also undertake job work of yarn and fabrics in their own capacity or on outsource basis.
Company's traded material are mostly used in the process of weaving and knitting of fabrics which is than used for apparels such as sarees, shirtings, suitings and upholstery such as curtains, etc. Content in this paragraph is copied from chittorgarh.com.At present company has installed production capacity of more than 6,00,000 kgs p.a. for knitted fabrics.
The object of the issue is:
1. Working capital requirement.
[Dilip Davda] Issue pricing appears to be on higher side as the cow is already milked, risk aver investors with surplus cash may consider long term investment, as the sector has received some sops recently. Read detail review...
| Listing Date | July 14, 2016 |
| BSE Script Code | 539985 |
| NSE Symbol | |
| ISIN | INE120V01014 |
| Final Issue Price | ₹15 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹15.00 |
| Open | ₹16.00 |
| Low | ₹15.30 |
| High | ₹18.00 |
| Last Trade | ₹16.90 |
Titaanium Ten Enterprise Ltd.
901/914 Rajhans Complex,
9th Floor Ring Road,
Surat - 395002
Surat, Gujarat
Phone: +91 2612320240
Email: titanium@drdcs.net
Website: http://www.titaaniumten.co.in/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Titaanium Ten Enterprise IPO is a SME IPO of 18,16,000 equity shares of the face value of ₹10 aggregating up to ₹2.72 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000.
The IPO opens on June 30, 2016, and closes on July 5, 2016.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Titaanium Ten Enterprise IPO using UPI as a payment gateway. Zerodha customers can apply in Titaanium Ten Enterprise IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Titaanium Ten Enterprise IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Titaanium Ten Enterprise IPO opens on June 30, 2016 and closes on July 5, 2016.
Titaanium Ten Enterprise IPO lot size is 8000, and the minimum amount required for application is ₹1,20,000.
You can apply in Titaanium Ten Enterprise 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 Titaanium Ten Enterprise IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Titaanium Ten Enterprise IPO allotment status.
The Titaanium Ten Enterprise IPO listing date is on Thursday, July 14, 2016.
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