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Track all the latest updates and news of Titagarh Wagons IPO.
November 14, 2024 3:30:00 AM
The peers of Titagarh Rail Systems Ltd are Cummins India Ltd, Thermax Ltd, Carborundum Universal Ltd, Jyoti CNC Automation Ltd, Grindwell Norton Ltd, Jupiter Wagons ... What's next on IPO list?
Published by : Business TodayOctober 7, 2024 4:30:00 AM
Titagarh Rail has made a significant adjustment to its wagon contract ... When we went there...' Multibagger IPO: Motisons Jewellers shares rally over 400% from issue price in just 10 months ...
Published by : MSNApril 12, 2023 8:41:00 AM
BHEL-Titagarh Wagons consortium has to manufacture and maintain the 80 Vande Bharat Trainsets including upgradation of Government Manufacturing Units and Trainset Depots, the order mentioned.
Published by : moneycontrol.comOctober 31, 2024 4:30:00 AM
Freight Wagon Production: Average of 900 wagons per ... production line started for EMU and Memo traction system. Titagarh Rail Systems Ltd (BOM:532966) reported its best-ever quarter in terms ...
Published by : Yahoo FinanceNovember 20, 2023 10:20:00 PM
the company achieved highest-ever dispatch of 759 wagons in September. Titagarh Rail is benefiting from surging railway capex. We are raising the target P/E to 33 times from 30 times and FY24E and ...
Published by : Business TodayJuly 23, 2024 3:48:00 PM
Railway shares such as Indian Railway Finance Corporation Ltd (IRFC), Titagarh Rail Systems Ltd, RITES Ltd, Ircon International Ltd, Jupiter Wagons Ltd, Rail Vikas Nigam Ltd (RVNL), Railtel ...
Published by : MSNOctober 27, 2024 6:56:00 PM
Titagarh Rail Systems Ltd (TRSL), the largest wagon manufacturer in the country, reported a 14.3% year-over-year rise in net profit, reaching ?80.7 Crore in Q2 of the current fiscal, compared to ...
Published by : India InfolineOctober 31, 2024 4:30:00 AM
Titagarh Rail Systems Ltd (BOM:532966) reported its best-ever quarter in terms of top-line performance, surpassing previous records. The company is on track to increase its production capacity to ...
Published by : Yahoo FinanceTitagarh Wagons Ltd IPO Listing Info
IPO Listing Date: Monday, April 21, 2008
BSE Script Code: 532966
NSE Symbol: TWL
Listing in: 'B' Group of Securities
ISIN: INE615H01012
Issue Price : Rs. 540/- Per Equity Share
Face Value: Rs 10/- Per Equity Share
IPO Allotment Status is now available online for Titagarh Wagons Limited IPO.
Titagarh Wagons Limited IPO was open on March 24, 2008 and closed on March 27, 2008. IPO was oversubscribed by 6.75 times (0.9798 times in retail).
Titagarh Wagons Limited IPO oversubscribed by 6.75 times. Non Institutional category oversubscribed around 2.7683 times while Qualified Institutional Buyers (QIBs) quota oversubscribed around 10.3670 times.
Retail Individual Investors (RIIs) category oversubscribed 0.9798 times and Employees category oversubscribed 0.0707 times.
Titagarh Wagons Ltd IPO - Final bid details (information from NSE Website)
Sr.No. | Category | No.of shares offered/reserved | No. of shares bid for | No. of times of total meant for the category |
1 | Qualified Institutional Buyers (QIBs) | 1421261 | 14734180 | 10.3670 |
1(a) | Foreign Institutional Investors (FIIs) | 8253960 | ||
1(b) | Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | 1078680 | ||
1(c) | Mutual Funds | 5031180 | ||
1(d) | Others | 370360 | ||
2 | Non Institutional Investors | 236877 | 655750 | 2.7683 |
2(a) | Corporates | 289590 | ||
2(b) | Individuals (Other than RIIs) | 126540 | ||
2(c) | Others | 239620 | ||
3 | Retail Individual Investors (RIIs) | 710630 | 696240 | 0.9798 |
3(a) | Cut Off | 619100 | ||
3(b) | Price Bids | 77140 | ||
4 | Employee Reservation | 15000 | 1060 | 0.0707 |
4(a) | Cut Off | 160 | ||
4(b) | Price Bids | 900 |
Titagarh Wagons IPO almost fully subscribed at the end of third day of the issue.
Titagarh Wagons Limited IPO subscribed 0.99 times on it's Day 3. The IPO received bids for 23.53 lakh shares as against 23.83 lakh shares on offer.
QIBs: 1.5915
Non Institutional: 0.1710
Retail (RIIs): 0.0722
Total: 0.99
It is primarily engaged in the business of manufacturing railway wagons, heavy earth moving and mining equipment, bailey bridges, steel and SG iron castings. The issue will close on March 27, 2008. The price band is between Rs 540 and Rs 610 per equity share.
IPO money will be used for setting up an EMU manufacturing facility at Uttarpara unit, modernising and expanding the existing facilities at Titagarh and Uttarpara units, setting up an axle machining and wheelset assembly facility at Uttarpara unit, constructing a corporate office and a design cum research and development office. Money will also be used for strategic acquisition or investments and brand building exercise and General corporate purposes.
Titagarh Wagons Limited IPO subscribed 0.00 times on it's Day 1.
QIBs: 0.0000
Non Institutional: 0.0000
Retail (RIIs): 0.0068
Total: 0.00
The price band for the issue is Rs. 540/- at lower level and Rs. 610/- at upper level for equity share of Rs. 10/-. The issue closes for subscription on March 27, 2008. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The Titagarh Wagons IPO is proposed to open on March 24, 2008. The IPO application ends on March 27, 2008.
Retail investors can apply in the retail or non-institutional investor category from March 24, 2008 to March 27, 2008. The Titagarh Wagons IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Titagarh Wagons IPO will open for subscription on March 24, 2008. The public issue will close on March 27, 2008.
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