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BS Transcomm Ltd IPO (BS Transcomm IPO) Detail

October 6, 2010 - October 13, 2010

BS Transcomm IPO is a book built issue of Rs 190.45 crores.

BS Transcomm IPO bidding started from October 6, 2010 and ended on October 13, 2010. The shares got listed on BSE, NSE on October 27, 2010.

BS Transcomm IPO price band is set at ₹248 to ₹257 per share. The minimum lot size for an application is 25 Shares. The minimum amount of investment required by retail investors is ₹6,425.

Jm Financial Limited is the book running lead manager of the BS Transcomm IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to BS Transcomm IPO RHP for detailed information.

BS Transcomm IPO Details

IPO Date October 6, 2010 to October 13, 2010
Listing Date October 27, 2010
Face Value ₹10 per share
Price Band ₹248 to ₹257 per share
Lot Size 25 Shares
Total Issue Size7,679,410 shares
(aggregating up to ₹190.45 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue14,199,250
Share holding post issue21,878,660

BS Transcomm IPO Reservation

BS Transcomm IPO offers 7,679,410 shares. 3,839,705 (50.00%) to QIB, 1,151,911 (15.00%) to NII, 2,687,794 (35.00%) to RII. 107,511 RIIs will receive minimum 25 shares and (sNII) and (bNII) will receive minimum 800 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered3,839,705 (50.00%)NA
NII (HNI) Shares Offered1,151,911 (15.00%)
Retail Shares Offered2,687,794 (35.00%)107,511
Total Shares Offered7,679,410 (100%)

BS Transcomm IPO Lot Size

Investors can bid for a minimum of 25 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 25 ₹6,425
Retail (Max) 31 775 ₹199,175
Lot Size Calculator

BS Transcomm IPO Promoter Holding

Share Holding Pre Issue 99.42%
Share Holding Post Issue 64.52%

About BS Transcomm Ltd

BS TransComm is engaged in the business of providing a range of services to telecommunication infrastructure providers and power transmission companies including turnkey services. BS Transcomm plans to provide tower companies with solar and wind power solutions along with its existing fuel management solutions. In telecom infrastructure the company's main clients are Reliance Infra, GTL, Indus Towers, Quippo WTTL, Bharti Infratel and Vodafone Essar. Clients in the power business include Power Grid Corporation, Rajasthan Rajya Vidyut Prasaran Nigam & Transmission Corporation of Andhra Pradesh and Karnataka Electricity Board.

The company has laid down expansion plans to increase its current tower fabrication and galvanization capacity from 36,000 MTPA to 240,000 MTPA in two phases. In first phase, completed in March 2010, the company expanded the capacity by 84,000 MTPA, taking the current capacity to 1,20,000 MTPA. In phase II the company will increase tower manufacturing capacity from 120,000 MTPA to 240,000 MTPA.

Key Performance Indicator

Objects of the Issue (BS Transcomm IPO Objectives)

The object of the issue are:

1. Part funding of phase I - expansion in Tower Mfg. (Majeedpally);
2. Funding of phase II - expansion in Tower Mfg. (Majeedpally);
3. Setting up of backward intg. structural mill-phase I (Majeedpally);
4. To part finance margin money for Working Capital;
5. To fund general corporate purposes.


BS Transcomm IPO Subscription Status (Bidding Detail)

The BS Transcomm IPO is subscribed 1.10 times on October 13, 2010 5:00:00 PM. The public issue subscribed 1.04 times in the retail category, 0.52 times in the QIB category, and 3.16 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB0.52
NII3.16
Retail1.04
Total1.10

BS Transcomm Ltd IPO Grading / Rating

ICRA has assigned an IPO Grade 2 to BS Transcomm Ltd IPO. This means as per ICRA company has 'Below Average Fundamentals'. ICRA assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.Click here to download the ICRA IPO Grading Document for BS Transcomm Ltd.

BS Transcomm Ltd IPO Tags:

BS Transcomm IPO, BS Transcomm IPO, BS Transcomm IPO Bidding, BS Transcomm IPO Allotment Status, BS Transcomm drhp and BS Transcomm Ltd IPO listing.

IPO Notices

External Link
Book Running Lead Manager to the issue has informed the Exchange that the issue will close on Oct 13th, 2010 instead of the earlier closing day on Oct 08th, 2010.Post issue modification date revised to Oct 14th, 2010 instead of the earlier closing day on Oct 09th, 2010. Further price band has revised from 257 To Rs. 266 TO Rs. 248/- To Rs. 257/- per share

BS Transcomm IPO Prospectus

BS Transcomm IPO Rating

154
3.6
Rating:Rated 3.6 stars
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BS Transcomm IPO Listing Details

Listing Date October 27, 2010
BSE Script Code 533276
NSE Symbol BSLIMITED
ISIN INE043K01029
Final Issue Price ₹248 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹248.00
₹251.00
₹247.80
₹399.00
₹378.50
NSE
₹248.00
₹257.00
₹239.00
₹398.40
₹381.25

Check IPO Performance…

BS Transcomm Ltd Contact Details

BS Transcomm Ltd
504 Trendset Tower Road 2
Banjara Hills,
Hyderabad - 500034, Andhra Pradesh, India
Phone: 91-40-66666204
Email:
Website: http://www.bsgroup.com

BS Transcomm IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/

BS Transcomm IPO - Buy or Not

BS Transcomm IPO Recommendation Summary

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Members 0 0 0

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BS Transcomm IPO FAQs

BS Transcomm IPO is a main-board IPO of 7,679,410 equity shares of the face value of ₹10 aggregating up to ₹190.45 Crores. The issue is priced at ₹248 to ₹257 per share. The minimum order quantity is 25 Shares.

The IPO opens on October 6, 2010, and closes on October 13, 2010.

Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The BS Transcomm IPO opens on October 6, 2010 and closes on October 13, 2010.

BS Transcomm IPO lot size is 25 Shares, and the minimum amount required is ₹6,425.

You can apply in BS Transcomm IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for BS Transcomm IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the BS Transcomm IPO allotment status.

The BS Transcomm IPO listing date is on October 27, 2010.
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BS Transcomm IPO Message Board

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348 Comments

348. web ashish |   Link |  Bookmark |November 11, 2010 7:18:15 PM
Hi 346. pratik parikh

Please be aware that these kind of shares will always going to give you losses. Never try to ride the wave, it is only temprorarily and will always come down. Do not make such habbits in the future. I am also victim of it.
347. Arunachalanadar ganesan |   Link |  Bookmark |November 10, 2010 11:56:21 AM
Why the scrip was trading more than the LC, i thought of buying if it hit LC today also
346. pratik parikh |   Link |  Bookmark |November 5, 2010 8:32:15 AM
i have buy 1100 share at 440.00 so pls what i do pls give sugestion
i have big lose in this share how can i recover it
345. AGK |   Link |  Bookmark |November 4, 2010 11:04:35 AM
Hit lower circuit again today....God save the investors who got trapped in this :(
344. A V |   Link |  Bookmark |November 3, 2010 4:11:55 PM
This share will come down drastically in next few days.
As CIL will be listing tomorrow, watch out for its effect on this one.
it will follow similar trend as Bedmutha, as this has been agressivly brought by many and is clearly above the fair price. This has to come down anyday.
People who sold above 450 have made huge profit.. rest who were still waiting for more have taken a blow, very bad blow..
Have a safe and happy trading..
wish you all a very happy and prosperous diwali... :)
343. Lata |   Link |  Bookmark |November 3, 2010 12:46:07 PM
game finish lower circuit
342. A V |   Link |  Bookmark |November 2, 2010 10:29:44 AM
Guys, it is now coming.. keep strict stop loss at 435.. it is going fall down from there.. dont wait for the crash.. save your cash.. :)
341. A V |   Link |  Bookmark |November 2, 2010 9:57:31 AM
BS Transcomm has reached the max level. its time to sell and encash your profit.
This will follow a similar trend as bedmutha so dont wait for the crash.
Put a stop loss of 435, if it touches that level, it will come down drastically to 350 level.
So dont wait for it, sell and dont regret later.
340. Ravi v k |   Link |  Bookmark |November 1, 2010 12:50:12 PM
It may reach 500 by this week end.........
339. mr.cool |   Link |  Bookmark |October 28, 2010 6:10:54 PM
GRAVITA 17-19
338. Rajesh Sahni |   Link |  Bookmark |October 28, 2010 4:54:40 PM
Those who sold their shares @ of Rs. 400 & above are lucky ones....but still hope better if some of them are holding for long term gains...
337. Rajesh Sahni |   Link |  Bookmark |October 28, 2010 2:46:12 PM
Prices of this shares are falling on account of North Indian buyers are selling these shares in bulk......investor of multi Crores and multi-lacs are selling these shares today in bulk..sole reason for downward prices....
336. Rajesh Sahni |   Link |  Bookmark |October 28, 2010 1:33:15 PM
@AGK See Mr., today these shares traded at the rate of Rs. 420. After all, it is on investors to take their discretionary decision to hold these shares or sell them...
335. AGK |   Link |  Bookmark |October 27, 2010 9:02:30 PM
@ Rajesh Sahni:

Please do not give wrong advice to investors.

The company has avg. fundamentals and is only going up because its operator driven, and chances are it may come down drastically in the next few days too
334. sh |   Link |  Bookmark |October 27, 2010 6:53:15 PM
@Ravi, Bangalore
Thank you very much.
Thanks to your timely post I was able to cut losses in Cantabil.
Again today thanks to your posts I got the confidence to enter BS Transcomm and recovered all Cantabil losses and made some profit.

Looking forward for your posts tomorrow.
333. MSB ETRADE |   Link |  Bookmark |October 27, 2010 5:39:20 PM
KAMAL HO GAYA BHAI INTNA PREMIUM SOCHA BHI NAHI THA BALLE BALLE INVESTOR JO APNE AAP KO FASA HUA SAMAJH RAHE THE
332. Ritesh Madan |   Link |  Bookmark |October 27, 2010 5:10:39 PM
yeh itne high premium pe kaise open ho gaya?? kahan gaye saare fundamentals???? satta bazari chal rahi hai...
331. Rajesh Sahni |   Link |  Bookmark |October 27, 2010 4:50:52 PM
Hold them...they will cross 500 Rs, per share very soon during raising of sensex....sell only when they cross Rs. 500/- per share mark...
330. Rajesh Sahni |   Link |  Bookmark |October 27, 2010 4:48:33 PM
Hold these shares....when market was down.....It went so high. Please see its performance for some days when market is high. It will soon above Rs. 500/- per share. sell when it crosses 500 Rs....
329. rahul s bangur |   Link |  Bookmark |October 27, 2010 4:04:27 PM
hi Ravi,

What would u recommend can we sell this tomorrow morning.