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Open
29 Sep to 4 Oct, 2017
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Close
29 Sep to 4 Oct, 2017
3
Allotment
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Listing
Thu, Oct 12, 2017
Price Band
₹29 per share
Issue Size
18,00,000 shares (agg. up to ₹5 Cr)
Lot Size
4,000 Shares
Listing Date
Thu, Oct 12, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 6.67x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|
| Assets | 10.33 | 9.72 | 14.16 |
| Total Income | 16.37 | 18.28 | 30.37 |
| Profit After Tax | 0.51 | 0.17 | 0.70 |
| NET Worth | 2.71 | 2.20 | 2.03 |
| Reserves and Surplus | 1.92 | 1.42 | 1.25 |
| Total Borrowing | 3.82 | 4.60 | 5.79 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 2.94 |
| 2 | Repayment of Loan | 1.25 |
| 3 | General Corporate Purpose | 0.38 |
About Tirupati Forge IPO
Incorporated in 2012, Tirupati Forge Ltd is a manufacturer and supplier of quality assured Forged Flanges, Auto Parts, Automotive Components and Fitting Components. They are an ISO 9001:2008 certified Company and engaged in manufacturing of closed die forged products like auto component, bearings, gears, etc and forged flanges of mild steel, carbon steel, stainless steel etc. based out at Hadamtala Industrial Estate, Rajkot, Gujarat. These products are used in automotive machines, vehicles and various other machines that we use in our daily life.The company was initially set up to cater requirements of international market mainly to US and gradually, it started exporting to Italy, Morocco etc as well as in domestic market. They have equipped forge shop with all supporting facilities like in house die shop, ring rolling machines, CNC Machine Shop, CNC Drilling, Stamping Machine, Automated Paint Line etc.+ Read More
Contact Details
Tirupati Forge Ltd. AddressPlot No.1-5, Survey No.92/1Near Shan Cement, Hadamtala Industrial AreaKotda Sangani HadamtalaRajkot, Gujarat, 36031102827 - 27 0 512 /13info@tirupatiforge.comVisit Website