Tecpro Systems IPOs Open Today

Tecpro Systems IPO open on today and subscription will close on Sep 28, 2010, The company will provide 75.5 lakh equity shares and raise nearly 260 crore from initial public offer, The price band of the ipo issue is Rs.256 (lower level) to Rs.268 (high)

“Tecpro Systems” is founded material handling firm in India, involved in offering complete solutions in material handling, ash managing,BoP (“balance of plant “) and EPC (“engineering, procurementand construction “) deals.

The company undertakes turnkey work in Bulk Solids Handling Methods such as slat conveyors, belt conveyors, bucket elevators and so on., produce equipment viz., reclaimers,stackers, numerous kinds of crushers, vibrating, feeder, screen and conveyor components including pulleys and Idlers and carry out structural and civil work along with electric, handle as well as instrumentation methods for that venture.

Face Value; Rs.10
Tick Size;
Minimum Order Qty:
Market Lot:
Issue Type is 100%  Book Building.

IPO Grade for Tecpro Systems Limited

CRISIL allocated IPO grade ‘4/5’ to the IPO of  Tecpro Systems, this shows that the fundamentals of the issue are above average relative to other listed equities.

Fundamentally good stock for supscrip  this stock will bull up to 315

Conduct details

Address: 106, Vishwadeep Tower, Plot No. 4, District Centre, Janak Puri, New Delhi 110 058, India.
Phone number; 91 11 4503 8735  Fax detail;. 91 11 4503 8734
Email address; investors@tecprosystems.com
Website Url; www.tecprosystems.com

Book Running Lead Manager

Kotak Mahindra Capital Ltd ,  SBI Capital Markets Ltd are the Book Running Lead Manager for . Tecpro Retail ltd.

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