IPO SYNOPSIS

Trident Texofab Ltd
Registered Office:
2004 2nd Flr North Extension,Nodh 4/1650 Sahara Darwaja,
Surat - 395003,
Gujarat, India.
Public issue of 11,76,000 equity shares of a face value of (₹) 10/- each (the "equity shares") of Trident Texofab Limited("The Company" or "TTL" or "the issuer") for cash at a price of (₹) 30/- per equity share (including a share premium of (₹) 20.00 Per equity share) ("issueprice") aggregating to (₹) 3.53 Crores ("the issue") of which 64,000 equity shares aggregating to (₹) 0.19 Crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 11,12,000 equity shares of face value of (₹) 10.00 each at an issue price of (₹) 30.00 per equity share aggregating to (₹) 3.34 Crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 29.43% and 27.83%, respectively of the post issue paid up equity share capital of the Company The face value of the equity shares is (₹) 10.00 each and the issue price of (₹) 30.00 is 3.0 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
21-Sep-17
26-Sep-17
30.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 4000     Further Multiples of : 4000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
3.53
Guiness Corporate Advisors Pvt Ltd
Project Financed
3.53
 
Post Issue
4.00
 
Issue Price
30.00
 
Projects
Funding working capital requirements of the company
General Corporate expenses
Promoted By
Hardik J Desai
Chetan C Jariwala
Listing At
BSE - SME
Registrar to the Issue
No Data Available!!!
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