IPO Issue Details
Issue Price / Price Band₹13 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size10,000 Shares per Lot
Total Issue Size16,30,000 shares (aggregating up to ₹2.12 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 11 Dec 2013
Subscription CloseMon, 16 Dec 2013
Anchor AllotmentTue, 10 Dec 2013
Basis of AllotmentSun, 22 Dec 2013
Initiation of RefundsMon, 23 Dec 2013
Credit of Shares to DematMon, 23 Dec 2013
Listing DateTue, 31 Dec 2013
UPI Mandate Deadline2013-12-16
Application & Investment Details
Retail — Min (1 Lots)₹1,30,000 — 10,000 shares
Retail — Max (13 Lots)₹1,690,000 (13 Lots)
HNI — Min (2 Lots)₹2,60,000 — 20,000 shares
Net Offer to Public15,40,000 shares (aggregating up to ₹2.00 Cr)
Reserved for Market Maker90,000 shares (aggregating up to ₹0.1170 Cr)
Pre-IPO Promoter Holding37,94,085 shares
Post-IPO Promoter Holding54,24,085 shares
About Tentiwal Wire Products Ltd.
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.
Objects of the Issue
Tentiwal Wire Products Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Repayment of Loan taken from Aditya Birla Finance Limited (As on 30-6-2013)
1.26
2
2 General Corporate Purpose
0.31
Shareholding & Lock-in
Pre-IPO Promoter Holding
37,94,085 shares
Post-IPO Promoter Holding
54,24,085 shares