Tarapur Transformers Limited ipo

Tarapur Transformers Limited new IPO listing Tarapur Transformers Limited (TTL) announced its initial public offering (IPO) will open on Apr 26, 2010 and close on Apr 28, 2010. The price band for the issue is Rs 75 to Rs 65.Fase value is Rs10 per share and Tick Size is Re.1. Objective for issue is Expansion and Modernization of Pali Unit.

TTL is in the business of manufacturing, rehabilitation, up-gradation of Transformer. It (Tarapur Transformers Limited) was incorporated on May 1988 as a Private Limited. Suresh Kumar Choudhary was a one of the founder and promoter. Naresh Kumar Choudhary is a Non Executive Non Independent Director of the company. Rajendra Kumar Choudhary is a Director of the company.

Tarapur Transformers Limited(TTL) is entering into primary market with an Initial Public Offer (IPO) of 85,00,000 Equity Shares. Market Lot is 90 and Minimum Order Qty is 90. Tarapur Transformers Limited(TTL) shares are will be listed on the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange).

31-Mar-06, the company has reported profit after tax of Rs 11.60 Lakhs (total income of Rs 134.05 Lakhs). 31-Mar-08, profit after tax of Rs 151.41 Lakhs (total income of Rs 1,068.34 Lakhs). 31-Mar-09, it has posted profit after tax of Rs 215.60 Lacks (total income of Rs 2,401.16 Lakhs).

CRISIL has assigned Grade 1 to Tarapur Transformers Ltd (TTL) initial public offer. This indicating poor fundamental of TTL . CRISIL assigns IPO grading on a scale of 5 to 1, the Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.

Address; J-20, MIDC,Tarapur Industrial Area Boisar, Thane-401506, Maharashtra.

Conduct details

Email address; complianceofficer@tarapurtransformers.com,
Website url; http://www.tarapurtransformers.com/

Phone number; 91-25-25272996, Fax detail; 91- 25-25271181.

Book Running Lead Managers Comfort Securities Pvt. Ltd.

New upcoming ipo and listing

Be Sociable, Share!
Tags: ,

Stock Market Basics For Beginners

Who determines the IPO price?

Who determines the IPO price? The regulators don't play a role in fixing the price for IPO issues. The firm determines the value or price band in discussion along with ...…

Important Share Trading Techniques

Important Share Trading Techniques Share market is one of the buying and selling areas where one can obtain a enormous profit. There are tons of people who earn enormous ...…

How To Make Profit From Market Corrections

How To Make Profit From Market Corrections The term "market correction" can instill fear into some stock market investors. For others, a correction means fresh share buying opportunities. Correction is a realistic scenario ...…

What Is The Floor Price?

What Is The Floor Price? Floor price is the minimum price where bids can be made. Book Building is fundamentally a procedure utilized in IPOs for effective price finding. The ...…

Definition for Stock

Definition for Stock The stock of a business entity represents the original capitalĀ  invested (paid into) in the business by its founders. The corporation ownership is determined by ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV