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Open
10 Feb 2006
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Close
16 Feb 2006
3
Allotment
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Listing
Thu, Mar 16, 2006
Price Band
₹130 per share
Issue Size
39,45,130 shares (agg. up to ₹51 Cr)
Listing Date
Thu, Mar 16, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 39.21x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2005 | 31 Mar 2005 | 31 Mar 2004 | 01 Feb 2003 |
|---|---|---|---|---|
| Assets | 53.82 | 52.40 | 35.99 | 37.23 |
| Total Income | 49.93 | 81.78 | 63.62 | 42.86 |
| Profit After Tax | 4.95 | 7.97 | 3.81 | -0.12 |
| EBITDA | 7.90 | 12.30 | 6.84 | 4.16 |
| NET Worth | 28.88 | 23.93 | 16.60 | 13.17 |
| Reserves and Surplus | 26.06 | 21.11 | 13.78 | 10.36 |
| Total Borrowing | 2.14 | 2.12 | 2.57 | 9.10 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Suzlon Energy Ltd. | Mainboard | ₹1,496.34 Cr | ₹510 | 34.47 | ₹690.50 | +35.39% | ₹51.99 (+0.17%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Relocation and Modernization of Saidapet plant into a new Distribution Transformer Plant of 750 MVA / annum at Thirumazhisai | 7.50 |
| 2 | Setting up a new Power Transformer Plant with a Capacity of 2400 MVA / Annum Incl 220 KV class of transformers at a new location | 30.60 |
| 3 | Setting up of Dry Type Transformer Plant at Thirumazhisai with capacity of 120 units per annum | 2.00 |
| 4 | To meet working capital requirements | 3.40 |
| 5 | To meet Issue Expenses | 3.07 |
| Total | 46.57 |
About Indo-Tech Transformers IPO
Indo Tech Transformers Limited is a well-established participant in India’s transformer manufacturing industry, producing both power and distribution transformers with capacities of up to 100 MVA and 220 kV. Over time, the company has also completed projects for international markets, particularly in North America, including mobile and substation transformers. The company has developed a strong presence among Southern State Electricity Boards, including those in Tamil Nadu, Andhra Pradesh, Karnataka, and Kerala. It has also built expertise in specialized transformer segments such as wind energy transformers, fail-safe systems, and amorphous metal core transformers. Its customer base spans multiple segments, including state electricity boards, EPC contractors, corporate clients, and international buyers. Key EPC clients include Larsen & Toubro, ABB, and Reliance Energy, while its corporate clientele features organizations such as the Taj Group of Hotels, Lakshmi Machine Works, TI Group, and the Sanmar Group. Since its inception, the company has delivered more than 55,000 transformers of varying capacities (up to 60 MVA) to over 3,000 customers across India. In the past eight years,
Contact Details
Indo-Tech Transformers Ltd. AddressDP: 36, SIDCO Industrial EstateThirumazhisaiChennai, Tamil Nadu, 60210791 44 2681 1569bala@indo-tech.comVisit Website