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Open
14 Sep 2010
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Close
17 Sep 2010
3
Allotment
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Listing
Fri, Oct 1, 2010
Price Band
₹41 to ₹43
Issue Size
1,19,76,744 shares (agg. up to ₹51 Cr)
Lot Size
150 Shares
Listing Date
Fri, Oct 1, 2010
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 8.84x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up facility for manufacturing of Speciality Inks and Ink Concentrates. | 24.25 |
| 2 | Capital Expenditure on Lab Equipments for Existing Facilities. | 0.25 |
| 3 | Proposed Acquisitions. | 5.00 |
| 4 | Augmenting Working Capital Resources. | 14.00 |
| 5 | General Corporate Purposes. | 5.00 |
| 6 | Meeting the Expenses of the Issue | 3.00 |
About Tirupati Inks FPO
Tirupati Inks Limited is presently engaged in the business of manufacturing of printing ink & printing cylinders and trading of polyester films and other packaging materials. Tirupati has two manufacturing facilities i.e. one at Kanpur & another at Jammu. At Kanpur Unit, mainly printing ink is manufactured apart from a small volume of printing cylinders and at the Jammu Unit, only printing ink is manufactured.Tirupati Inks source Polyester Films from reputed Suppliers such as Uflex Limited, Polyflex Corporation Limited, etc. and supplies to various customers engaged in the business of Oil, Ghee, Tobacco, Supari, Tea, Spices, Milk, etc.Tirupati Inks plans to use the net proceeds of the issue to setting up new facility for manufacturing of Specialty Inks like Digital Inks, UV Inks, Offset Printing Inks and Ink Concentrates to augment and support existing product range of the Company which include Rotogravuere Inks and Flexographic Inks used in Printing of Flexible Packaging Material.Company’s equity shares are presently listed on Delhi Stock Exchange (DSE).+ Read More
Contact Details
Tirupati Inks Ltd. AddressB-4, UNESCO ApartmentsPlot No 55, I.P ExtensionPatparganjDelhi, New Delhi, 110092011- 4753 1013fpo@tirupatiinks.comVisit Website