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Open
17 Dec 2007
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Close
20 Dec 2007
3
Allotment
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Listing
Mon, Jan 14, 2008
Price Band
₹68 to ₹75
Issue Size
50,00,000 shares (agg. up to ₹38 Cr)
Lot Size
80 Shares
Listing Date
Mon, Jan 14, 2008
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.00x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Precision Pipes & Profiles Co.Ltd. | Mainboard | ₹75.00 Cr | ₹150 | null | ₹136.10 | -9.27% | (+0.00%) |
| Autoline Industries Ltd. | Mainboard | ₹75.00 Cr | ₹225 | null | ₹257.15 | +14.29% | ₹95.04 (+1.58%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To augment the current ongoing expansion of its manufacturing capacity of the CI and SG castings from 6600 MT per annum to 27600 MT per annum | |
| 2 | Setting up of one Wind Mill, having Power generation capacity of 1.5 MW which would be used for captive consumption | |
| 3 | To meet working capital requirement | |
| 4 | To meet the Public Issue Expenses | |
| 5 | To list the equity shares at the Bombay Stock Exchange |
About Porwal Auto Components FPO
Incorporated in 1992, Porwal Auto Components Limited manufactures and sells SG and CI castings for the automobile sector for Commercial Vehicles. The manufacturing plant of the company is situated at Pithampur 30 Kms. away from Indore.Porwal Auto Components Limited manufacturers around 12 different categories of castings such as SG Iron & Grey Iron Hubs, Different carriers and cases, bracketory components, Transmission cases, T G cases, Housings & cover components, Brake Drums, Links components, Pulleys, Pump parts, Exhaust manifolds and Bends.Porwal's client list includes companies like Eicher Motors Ltd, Man Force Trucks Pvt. Ltd, L & T Case Equipment Ltd, Force Motors Ltd, Eicher Tractors Ltd, Tata Autocomp Systems Ltd, Brakes India Ltd, Gajra Gears Ltd, Shakti Pumps India Ltd, Diesel Components Works.+ Read More
Contact Details
Porwal Auto Components Ltd. AddressKanti Mansion6-Murai MohallaIndore, Madhya Pradesh, 452001+91-0731-4051704admin@porwalauto.comVisit Website