Fixed Price IPO | ₹7 Cr | Listed at NSE SME | Fri, Jun 30, 2017 - Tue, Jul 4, 2017
Transwind Infrastructures IPO is a fixed price issue of ₹7.29 crores. The issue is entirely a fresh issue of 0.27 crore shares of ₹7.29 crore.
Transwind Infrastructures IPO bidding started from Jun 30, 2017 and ended on Jul 4, 2017. The shares got listed on NSE SME on Jul 12, 2017.
Transwind Infrastructures IPO price is ₹27 per share. The lot size for an application is 4,000. The minimum amount of investment required by an individual investor (retail) is ₹1,08,000 (4000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (8,000 shares), amounting to ₹2,16,000.
Swastika Investmart 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 Beeline Broking Ltd..
Refer to Transwind Infrastructures IPO RHP for detailed Information.
IPO Open
Fri, Jun 30, 2017
IPO Close
Tue, Jul 4, 2017
Issue Price
₹27 per share
Market Cap (Pre-IPO)
₹18.06 Cr
| IPO Date | 30 Jun to 4 Jul, 2017 |
| Listed on | Wed, Jul 12, 2017 |
| Face Value | ₹10 per share |
| Issue Price | ₹27 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 27,00,000 shares (agg. up to ₹7 Cr) |
| Reserved for Market Maker | 1,40,000 shares Beeline Broking Ltd. (agg. up to ₹0.3780 Cr) |
| Fresh Issue (Ex Market Maker) | 25,60,000 shares (agg. up to ₹7 Cr) |
| Net Offered to Public | 25,60,000 shares (agg. up to ₹7 Cr) |
| Share Holding Pre Issue | 39,89,000 shares |
| Share Holding Post Issue | 66,89,000 shares |
| NSE Symbol | TRANSWIND |
| ISIN | INE792X01016 |
Transwind Infrastructures IPO comprises a total issue size of 27,00,000 shares. The net offer to the public is 25,60,000 shares, after excluding 1,40,000 shares allotted on a firm basis. Of the Net offer 12,80,000 (50.00%) allocated to NII 12,80,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 12,80,000 | 50.00% | 47.41% |
| Retail Shares Offered | 12,80,000 | 50.00% | 47.41% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,40,000 | 5.19% | |
| Total Shares Offered | 27,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹1,08,000 |
| Retail (Max) | 1 | 4,000 | ₹1,08,000 |
| HNI (Min) | 2 | 8,000 | ₹2,16,000 |
Incorporated in 1997, Transwind Infrastructures Ltd (TIL) is engaged in executing the Government's & Public sector undertaking Projects for various works such as infrastructure development projects in the growing sectors of Railways signaling and telecommunication (S&T), Quad cable & Optical Fiber Cable (OFC) projects with its annual maintenance, Establishing the Gas Pipeline Network for the Gas Distributors.
The company has specialization in Railway infrastructure development in the field of signaling and telecommunication for the past 20 years. Initially, TIL worked for the project of Bharat Sanchar Nigam Limited (BSNL) cable network at different Secondary Switching Area (SSA). Subsequently it expanded the work to many SSA thereafter for the last 10 years. The company is also caring out Annual Maintenance Contract (AMC) of quod cable along with repeaters in the section Rajkot, Viramgam, Dhrangadhra, Bhatia- Okha, Rajkot –Bhatia for almost 10 years.mIt has served and continuing to serve to various government and public sector undertakings projects of S&T to Indian Railways (Western Railway, North Western Railway, West Central Railway).Apart from above TIL has done and continuing to provide Domestic Gas connection pipeline projects for various clients like Mahanagar Gas Limited Mumbai, Green Gas Limited Lucknow, Green Gas Limited Agra, Indraprastha Gas Limited, New Delhi and Bhagyanagar Gas Limited Hyderabad.
| 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 | Capital Expenditure | 2.54 |
| 2 | Working Capital Requirement | 2.89 |
| 3 | General Corporate Purpose | 1.50 |
| 4 | Public Issue Expenses | 0.36 |
The Transwind Infrastructures IPO is subscribed [.] times on July 4, 2017 5:00:00 PM (Day 3). The public issue subscribed [.] times in the retail category, [.] times in the QIB category, and [.] times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including fees and reimbursements of Market Making Fees, selling commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, Bankers etc and other out of pocket expenses. | 0.03 |
| 2 | Printing & Stationery and Postage Expenses | 0.25 |
| 3 | Marketing and Advertisement Expenses | 0.03 |
| 4 | Regulatory fees and other expenses | 0.04 |
| 5 | Other Miscellaneous expenses | 0.02 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹27.00 |
| Open | ₹30.85 |
| Low | ₹30.85 |
| High | ₹32.40 |
| Last Trade | ₹32.40 |
Lead Manager Reports
Transwind Infrastructures IPO is a SME IPO of 27,00,000 equity shares of the face value of ₹10 aggregating up to ₹7 Crores. The issue is priced at ₹27 per share. The minimum order quantity is 4000.
The IPO opens on Fri, Jun 30, 2017, and closes on Tue, Jul 4, 2017.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Transwind Infrastructures IPO using UPI as a payment gateway. Zerodha customers can apply in Transwind Infrastructures IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Transwind Infrastructures IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Transwind Infrastructures IPO opens on Fri, Jun 30, 2017 and closes on Tue, Jul 4, 2017.
Transwind Infrastructures IPO lot size is 4000, and the minimum amount required for application is ₹1,08,000.
You can apply in Transwind Infrastructures 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 Transwind Infrastructures IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Transwind Infrastructures IPO allotment status.
The Transwind Infrastructures IPO listing date is on Wed, Jul 12, 2017.
