Fixed Price IPO | ₹3 Cr | Listed at BSE SME | Thu, Jun 30, 2016 - Tue, Jul 5, 2016
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Thu, Jun 30, 2016
IPO Close
Tue, Jul 5, 2016
Issue Price
₹15 per share
Market Cap (Pre-IPO)
₹10.09 Cr
| IPO Date | 30 Jun to 5 Jul, 2016 |
| Listed on | Thu, Jul 14, 2016 |
| Face Value | ₹10 per share |
| Issue Price | ₹15 per share |
| Lot Size | 8,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 18,16,000 shares (agg. up to ₹3 Cr) |
| Reserved for Market Maker | 96,000 shares Rikhav Securities Ltd. (agg. up to ₹0.1440 Cr) |
| Fresh Issue (Ex Market Maker) | 17,20,000 shares (agg. up to ₹3 Cr) |
| Net Offered to Public | 17,20,000 shares (agg. up to ₹3 Cr) |
| Share Holding Pre Issue | 49,12,507 shares |
| Share Holding Post Issue | 67,28,507 shares |
| BSE Script Code | 539985 |
| ISIN | INE120V01014 |
Titaanium Ten Enterprise IPO comprises a total issue size of 18,16,000 shares. The net offer to the public is 17,20,000 shares, after excluding 96,000 shares allotted on a firm basis. Of the Net offer 8,56,000 (49.77%) allocated to NII 8,64,000 (50.23%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 8,56,000 | 49.77% | 47.14% |
| Retail Shares Offered | 8,64,000 | 50.23% | 47.58% |
| Firm Reservations | |||
| Market Maker Shares Offered | 96,000 | 5.29% | |
| Total Shares Offered | 18,16,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 8,000 shares and in multiples thereof.
| 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 |
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.
| 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 | Working Capital Requirements | 2.27 |
| KPI | |
|---|---|
| RoNW | 7.35% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 73.01% |
| Market Cap | ₹10.09 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 | Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Bankers etc | 0.36 |
| 2 | Regulatory fees | 0.03 |
| 3 | Marketing and Other Expenses | 0.07 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹15.00 |
| Open | ₹16.00 |
| Low | ₹15.30 |
| High | ₹18.00 |
| Last Trade | ₹16.90 |
Lead Manager Reports
Titaanium Ten Enterprise IPO is a SME IPO of 18,16,000 equity shares of the face value of ₹10 aggregating up to ₹3 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000.
The IPO opens on Thu, Jun 30, 2016, and closes on Tue, Jul 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 Thu, Jun 30, 2016 and closes on Tue, Jul 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 Thu, Jul 14, 2016.
