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Open
23 Jan to 2 Feb, 2007
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Close
23 Jan to 2 Feb, 2007
3
Allotment
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Listing
Mon, Feb 26, 2007
Price Band
₹48 to ₹55
Issue Size
60,00,000 shares (agg. up to ₹31 Cr)
Lot Size
120 Shares
Listing Date
Mon, Feb 26, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.50x |
Restated Financials (₹ Cr.)
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Mahindra & Mahindra Financial Services Ltd. | Mainboard | ₹400.00 Cr | ₹200 | 18.48 | ₹232.55 | +16.28% | ₹324.20 (+0.62%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of office premises for increasing the scale of operations | 5.00 |
| 2 | Strategic investments or acquisition of companies engaged in the business of financial services and banking | 10.00 |
| 3 | Geographic expansion through opening of regional offices and Overseas Branches | 3.26 |
| 4 | Transwarranty Capital Pvt. Ltd-Technology up-gradation | 1.57 |
| 5 | Transwarranty Capital Pvt. Ltd-Working capital | 5.60 |
| 6 | Transwarranty Forex & Commodities Pvt. Ltd.-Acquisition and activation of NCDEX membership | 0.40 |
| 7 | Transwarranty Forex & Commodities Pvt. Ltd.-Merger of the foreign exchange broking firm-Trans Warrantyy Forex & Derivatives Company | 0.30 |
| 8 | Transwarranty Credit Care Pvt. Ltd.-Activation of Private Equity/Venture Fund registration with SEBI | 0.20 |
| 9 | Transwarranty Forex & Commodities DMCC-UAE-Acquisition and activation of membership in the Dubai Gold & Commodities Exchange | 1.58 |
| 10 | IPO Expenses | 3.30 |
| Total | 31.20 |
About Transwarranty Finance IPO
Established in 1994, Transwarranty Finance Limited (TFL) is a Non Banking Financial Services Company (NBFC) with active business in trade finance, corporate finance and investment banking activities.TFL business line also include corporate advisory services, foreign exchange advisory, financial services BPO to Citi Financial Consumer Finance India Limited, Investment Banking and Wealth Management services to corporates, retail and institutional clients across various cities and towns in India.TFL revenues comes from three major sources - Corporate Finance, Investment Banking & Advisory Services and Trade Finance.TFL Subsidiaries:1. Transwarranty Capital Private Limited (TCPL) 2. Transwarranty Forex & Commodities Private Limited (TFCPL) 3. Transwarranty Credit Care Private Limited (TCCPL) 4. Transwarranty Forex & Commodities DMCC, UAE (TFCD) (Proposed).+ Read More
Contact Details
Transwarranty Finance Ltd. AddressTranswarranty Finance Limited (TFL)403, Regent ChambersNariman PointMumbai, Maharashtra, 400021+91 22 2204 7965ibank@transwarranty.comVisit Website