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TD Power Systems Ltd IPO (TD Power IPO) Detail

August 24, 2011 - August 26, 2011

TD Power IPO is a book built issue of Rs 227.00 crores.

TD Power IPO bidding started from August 24, 2011 and ended on August 26, 2011. The shares got listed on BSE, NSE on September 8, 2011.

TD Power IPO price band is set at ₹256 to ₹261 per share. The minimum lot size for an application is 25 Shares. The minimum amount of investment required by retail investors is ₹6,525.

Antique Capital Markets Pvt Ltd and Axis Capital Limited are the book running lead managers of the TD Power IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to TD Power IPO RHP for detailed information.

TD Power IPO Details

IPO Date August 24, 2011 to August 26, 2011
Listing Date September 8, 2011
Face Value ₹10 per share
Price Band ₹256 to ₹261 per share
Lot Size 25 Shares
Total Issue Size8,867,188 shares
(aggregating up to ₹227.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue24,370,401
Share holding post issue33,237,588

TD Power IPO Reservation

TD Power IPO offers 7,562,637 shares. 3,129,042 (41.38%) to QIB, 1,330,079 (17.59%) to NII, 3,103,516 (41.04%) to RII. 124,140 RIIs will receive minimum 25 shares and (sNII) and (bNII) will receive minimum 775 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered3,129,042 (41.38%)NA
NII (HNI) Shares Offered1,330,079 (17.59%)
Retail Shares Offered3,103,516 (41.04%)124,140
Total Shares Offered7,562,637 (100%)

TD Power 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 ₹6,525
Retail (Max) 30 750 ₹195,750
Lot Size Calculator

TD Power IPO Promoter Holding

The individual promoters of the Company are:

1. Nikhil Kumar;
2. Hitoshi Matsuo; and
3. Mohib N. Khericha.

Share Holding Pre Issue 89.45%
Share Holding Post Issue 65.59%

About TD Power Systems Ltd

Incorporated in 1999, Bangalore based TD Power Systems Ltd is one of the leading manufacturers of AC Generators with output capacity in the range of 1 MW to 52 MW for prime movers such as steam turbines, gas turbines, hydro turbines, wind turbines, diesel and gas engines. Along with AC Generators Company also executes Turbine Generator ("TG") island projects for steam turbine power plants with output capacity up to 52 MW using a Japanese turbine combined with their generator. Company is ISO 9001-2008 certified.

Company's customer base includes cement, steel, paper, chemical, metals, sugar co-generation, bio-mass power plants, hydro-electric power plants and Independent Power Plants ("IPPs") companies. Some of their customers include Shree Cements Limited, Vasavadatta Cements, Nava Bharat Ventures Limited, Chettinad Cement Corporation Limited and Balrampur Chini Mills Limited.

DF Power Systems Private Ltd, a subsidiary company of TD Power is in the business of Engineering, Procurement and Construction (EPC) of the boiler-turbine generator (BTG) island and the balance of plant (BOP) portion of steam turbine power plants with outputs from 52 MW up to 150 MW. Company also has entered into a Product Development Cooperation and Manufacturing Agreement with Voith Hydro Holding GmbH & Co.KG ("Voith Hydro") for jointly developing electric generators.

Company Financials

ParticularsFor the year/period ended (in Rs. Millions)
31-Mar-1131-Mar-1031-Mar-0931-Mar-0831-Mar-07
Total Income4,948.234,388.004,759.575,333.404,274.80
Profit After Tax (PAT)416.40330.24365.93355.61161.15

Key Performance Indicator

Objects of the Issue (TD Power IPO Objectives)

The Objects of the Issue are to:

1. Finance the expansion of our manufacturing plant in Dabaspet;
2. Construct a project office in Bangalore city;
3. Repay debt;
4. Fund working capital requirements of our Company; and
5. Fund our general corporate purposes.


TD Power IPO Subscription Status (Bidding Detail)

The TD Power IPO is subscribed 2.92 times on August 26, 2011 5:30:00 PM. The public issue subscribed 0.38 times in the retail category, 6.52 times in the QIB category, and 0.38 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB6.52
NII0.38
Retail0.38
Total2.92

TD Power Systems IPO Grading

CARE has assigned an IPO Grade 4 to TD Power Systems IPO. This means as per CARE, company has 'Above Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read TD Power Systems IPO Report

TD Power IPO Prospectus

TD Power IPO Rating

63
3.9
Rating:Rated 3.9 stars
Vote Here ...

TD Power IPO Listing Details

Listing Date September 8, 2011
BSE Script Code 533553
NSE Symbol TDPOWERSYS
ISIN INE419M01019
Final Issue Price ₹256 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
₹256.00
₹251.60
₹242.00
₹308.75
₹274.80
NSE
₹256.00
₹260.00
₹242.00
₹309.70
₹275.25

Check IPO Performance…

TD Power Systems Ltd Contact Details

TD Power Systems Ltd
#27, 28, 29 KIADB Industrial Area,
Dabaspet, Nelamangala Taluk,
Bangalore 562 111, Karnataka
Phone: (91) (80) 22017800
Email: srivatsa.n@tdps.co.in
Website: http://www.tdps.co.in

TD Power IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: tdpsl.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html

TD Power IPO - Buy or Not

TD Power IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 4 0 3
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

TD Power IPO FAQs

TD Power IPO is a main-board IPO of 8,867,188 equity shares of the face value of ₹10 aggregating up to ₹227.00 Crores. The issue is priced at ₹256 to ₹261 per share. The minimum order quantity is 25 Shares.

The IPO opens on August 24, 2011, and closes on August 26, 2011.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The TD Power IPO opens on August 24, 2011 and closes on August 26, 2011.

TD Power IPO lot size is 25 Shares, and the minimum amount required is ₹6,525.

You can apply in TD Power 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 TD Power IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the TD Power IPO allotment status.

The TD Power IPO listing date is on September 8, 2011.
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TD Power IPO Message Board

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162 Comments

162. Ravi, Bangalore |   Link |  Bookmark |September 19, 2011 5:23:15 PM (300+ Posts)
TD Power 287

I will utilise any weakness to buy with a stop-loss of 274 (if trades below 274 for minimum five minutes or close below 274 ~ 270).

Target 327, 364. Trailing stop-loss required in case it crosses 327 as per my expectation.
161. my my |   Link |  Bookmark |September 12, 2011 1:44:13 PM
BUY TD POWER FOR 50RS GAIN OR 50RS LOSS PURE DELIVERY BASED SHORT TERM
160. Ravi, Bangalore |   Link |  Bookmark |September 9, 2011 5:34:03 PM (300+ Posts)
Traders who are dishonest, don't give trading position in real-time & post their trading success off-line, who listen & blame others for their losses should read on.........

Reminiscences of a Stock Operator
- By Jesse Lauriston Livermore

During his lifetime, Livermore gained and lost several multi-million dollar fortunes. Most notably, he was worth $3 million and $100 million after the 1907 and 1929 market crashes, respectively. He subsequently lost both fortunes.

During the flat markets from 1908 to 1912, Jesse Livermore managed to lose 90% of the money he had earned in the 1907 Panic and was forced to declare bankruptcy. TRADERS LOOSE MORE THAN THEY MAKE IN FLAT MARKET.

Livermore sometimes did not follow his own money-management rules strictly. He claimed that his lack of adherence to his own rules was the main reason for his losses after making his 1907 and 1929 fortunes.

"The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, or for the get-rich-quick adventurer. They will die poor."

"...the fruits of your success will be in direct ratio to the honesty and sincerity of your own effort in keeping your own records, doing your own thinking, and reaching your own conclusions."

FOLLOWING IS THE MESSAGE FOR INTRA-DAY TRADERS

"There are times when money can be made investing and speculating in stocks, but money cannot consistently be made trading every day or every week during the year. Only the foolhardy will try it. It just is not in the cards and cannot be done."

"The point is not so much to buy as cheap as possible or go short at top price, but to buy or sell at the right time."

"I am tired of hearing the public and papers blame Wall Street for parting fools from their money... It's the successful business man who is the biggest sucker of the lot. He has made a fortune in his own line. How? By being on the job for years; by learning all there was to know about it; by taking reasonable chances; by utilizing his knowledge and experience to anticipate probabilities. He wants to increase that fortune at a faster rate and with less effort."

"It took me five years to learn to play the game intelligently enough to make big money when I was right."

"Speculation is far too exciting. Most people who speculate hound the brokerage offices... the ticker is always on their minds. They are so engrossed with the minor ups and downs, they miss the big movements."

Livermore ends his book with a repetition of his earlier statement that no one can consistently and continuously beat the stock market, though he may make money in individual stocks on certain occasions. “No matter how experienced a trader is the possibility of his making losing plays is always present because speculation cannot be made 100 % safe,” he cautioned. “Wall Street professionals know that acting on ‘inside’ tips will break a man more quickly than famine, pestilence, crop failures, political readjustments or what might be called normal accidents.”

Losing, according to Livermore, was painful but it was a lesson he had to learn. “When you know what not to do, then you know what to do to win.”

He also adds that traders cannot learn a lot from winners because they take care of their traders. The losers, on the other hand, can teach new traders lessons that they will remember for a lifetime. He reminds traders to always be on their guard and control their emotions, especially fear and greed – because giving in to these two can make them trade without thinking and lose money.
159. Ravi, Bangalore |   Link |  Bookmark |September 9, 2011 5:32:06 PM (300+ Posts)
145. SkDash

No, yesterday closed at closing with a loss.

As per my rule, I don't trade new shares for one week.
158. navfame |   Link |  Bookmark |September 9, 2011 4:28:54 PM
td power aaj hi 310
me booked :):)
157. I P O S A T O R I Y A |   Link |  Bookmark |September 9, 2011 2:06:33 PM
to,
navfame
THIS IS IPO BLOG************
NO OTHER DISCUSSION
156. navfame |   Link |  Bookmark |September 9, 2011 1:46:23 PM
Sorry yar stock trader meine aaj hi buy kiya h :(

purchased 1500 ankur drugs @ 37.15
my target 42
15 trading session
155. SkDash |   Link |  Bookmark |September 9, 2011 1:23:45 PM
Top Contributor Top Contributor (1000+ Posts, 200+ Likes)
Navfame- Book profit, give party and also if you want contact stock trader and help him, otherwise he will be burden with 20%+ fine, penalty etc + it also depends on the CMP on tomorrow since auction will be tomorrow
154. navfame |   Link |  Bookmark |September 9, 2011 12:54:31 PM
sk dash
what to forget
350 :):)
153. SkDash |   Link |  Bookmark |September 9, 2011 12:39:05 PM
Top Contributor Top Contributor (1000+ Posts, 200+ Likes)
Navfame-forget
152. navfame |   Link |  Bookmark |September 9, 2011 12:23:27 PM
as expected it has crossed 300 with good volumes :):)
151. MULTILOOSER listing loss |   Link |  Bookmark |September 9, 2011 11:07:59 AM
Is virtual or overestimate game of apply to ipo heavily going on?
150. Mahesh Jain |   Link |  Bookmark |September 9, 2011 11:00:07 AM
Dea KK,
Did you follow the age old formula of good listing ipo buying at close for TD??
149. navfame |   Link |  Bookmark |September 9, 2011 10:53:41 AM
purchased 500 td power @ 276
for investment
my target 350
148. stocktrader |   Link |  Bookmark |September 9, 2011 10:46:28 AM
Hello All Yesterday I shorted for this stock but unfortunately I wasn't able to square off this position on time if anyone want to sell 200 shares offline to me please contact me at koushalgoyal@yahoo.com I need 200 shares to be transferred to my account for squaring off this position
147. BABUKALIA |   Link |  Bookmark |September 8, 2011 10:35:23 PM
TD POWER KA ECS AA GAYA KYA
146. ARCHIT SHAH |   Link |  Bookmark |September 8, 2011 5:39:38 PM
I HAVE SELL 25 SHARE AT 278.3, ANOTHER 25 AT 278.80 ANOTHER 25 AT 283.65.

NOW TD CLOSE.
145. SkDash |   Link |  Bookmark |September 8, 2011 4:45:49 PM
Top Contributor Top Contributor (1000+ Posts, 200+ Likes)
Ravi- That means u r in open short position ?

I bought @ 283 when it was flat for around 2 hrs with SL 270. Went for lunch and after that saw it was a great fall and Sl Trigerred.

Then did the mistake of quick short @ 270 with SL- 280- it also trigerred.

Was not a good day for me. But sold some delivery based shares (Tata Motor and TVS Motor) with profit and finally will go home with profit.

what about your position today ?

Another thing- are u applying in small in PG electroplast ? i will see the sub figure tomorrow (last day) and will decide accordingly.
144. Ravi, Bangalore |   Link |  Bookmark |September 8, 2011 4:26:02 PM (300+ Posts)
128. SkDash

TD Power 269

Stopeed-out & shorted now at 270. But, time is out. It is in negatie territory again.
143. Ravi, Bangalore |   Link |  Bookmark |September 8, 2011 3:32:29 PM (300+ Posts)
128. SkDash

I was not there in the morning due to personal work.

Bought at 280 witha stop @ 270 for target of 291, 302 or even 322+ with trailing stop-losses.