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Tentiwal Wire IPO is a fixed price issue of Rs 2.12 crores.
Tentiwal Wire IPO bidding started from December 11, 2013 and ended on December 16, 2013. The shares got listed on BSE SME on December 31, 2013.
Tentiwal Wire IPO price is ₹13 per share. The minimum lot size for an application is 10000 Shares. The minimum amount of investment required by retail investors is ₹130,000.
Hem Securities Limited is the book running lead manager of the Tentiwal Wire IPO, while Sharepro Services Private Limited is the registrar for the issue. The market maker for Tentiwal Wire IPO is Hem Securities.
Refer to Tentiwal Wire IPO RHP for detailed information.
IPO Date | December 11, 2013 to December 16, 2013 |
Listing Date | December 31, 2013 |
Face Value | ₹10 per share |
Price | ₹13 per share |
Lot Size | 10000 Shares |
Total Issue Size | 1,630,000 shares (aggregating up to ₹2.12 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Share holding pre issue | 3,794,085 |
Share holding post issue | 5,424,085 |
Market Maker portion | 90,000 shares Hem Securities |
Investors can bid for a minimum of 10000 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 | 10000 | ₹130,000 |
Retail (Max) | 1 | 10000 | ₹130,000 |
Lot Size Calculator |
The promoters of the company are:
1. Mr. Radha Pad Tentiwala
2. Mrs. Kumkum Tentiwala
3. Mr. Neelesh Tentiwala
4. Mr. Parag Sharma
Share Holding Pre Issue | 85.73% |
Share Holding Post Issue | 59.97% |
Incorporated in 1994, Tentiwal Wire Products Ltd offers complete range of product for winding conductors of transformers and AC/DC Motors. Company's manufacture products basically on made-to-order basis as per Customer specification. Marketing is centrally controlled from Mathura.
Currently company manufactures:
1. Copper Wire Units which includes Submersible Motor Winding Wire, Super Enameled Copper Wire, Paper Covered Copper Strips and Wire, Paper Covered Aluminium Strips and Wire.
2. Aluminum Extrusion Units which includes Industrial Section (Heat Sinks), Hardware Section (Rods, Ladders, Tower Bolt, step Ending, Exhibition Section, Ferul, etc.), Furniture Section (Work section Channels, Cover Plate, Photo Frames etc.), Architectural Section (Tubes, Double Partitions, Square tube, Door Top, Patam Tube, Mullion, Bolts, etc) and Several Misc. Section.
KPI | Values |
---|---|
RoNW | 10.07% |
The Objects of the Issue are as follows:
1. To reduce overall indebtedness of the Company by repayment of the outstanding loan from Aditya Birla Finance Limited (ABFL);
2. General Corporate Purpose;
3. To Meet the Issue Expenses.
[Dilip Davda] Avoid. Tentiwal Wire Products Ltd. with an EPS of Rs. 0.06 and based on it the asking price is at a P/E of 200 plus against its peers that are trading at a P/E of 2 to 4. Its merchant banker has poor track record so far. Read detail review...
Listing Date | December 31, 2013 |
BSE Script Code | 537119 |
NSE Symbol | |
ISIN | INE486P01011 |
Final Issue Price | ₹13 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE SME |
---|
₹13.00 |
₹12.50 |
₹11.90 |
₹12.50 |
₹11.90 |
Tentiwal Wire Products Ltd
Delhi Masani Road,
Radhey Shyam Colony,
Mathura -281003, Uttar Pradesh
Phone: +91 - 565 - 2530032
Email: ipo@tentiwala.com
Website: http://www.tentiwal.co.in
Sharepro Services Private Limited
Phone: 9999999999
Email: sme.ipo@shareproservices.com
Website:
SME Company Owners
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Check our SME IPO Guide
Tentiwal Wire IPO is a SME IPO of 1,630,000 equity shares of the face value of ₹10 aggregating up to ₹2.12 Crores. The issue is priced at ₹13 per share. The minimum order quantity is 10000 Shares.
The IPO opens on December 11, 2013, and closes on December 16, 2013.
Sharepro Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Tentiwal Wire IPO opens on December 11, 2013 and closes on December 16, 2013.
Tentiwal Wire IPO lot size is 10000 Shares, and the minimum amount required is ₹130,000.
You can apply in Tentiwal Wire 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 Tentiwal Wire IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Tentiwal Wire IPO allotment status.
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