IPO Issue Details
Issue Price / Price Band₹15 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size8,000 Shares per Lot
Total Issue Size18,16,000 shares (aggregating up to ₹2.72 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 30 Jun 2016
Subscription CloseTue, 05 Jul 2016
Anchor AllotmentWed, 29 Jun 2016
Basis of AllotmentMon, 11 Jul 2016
Initiation of RefundsTue, 12 Jul 2016
Credit of Shares to DematTue, 12 Jul 2016
Listing DateThu, 14 Jul 2016
UPI Mandate Deadline2016-07-05
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 8,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 16,000 shares
Net Offer to Public17,20,000 shares (aggregating up to ₹2.58 Cr)
Reserved for Market Maker96,000 shares (aggregating up to ₹0.1440 Cr)
Pre-IPO Promoter Holding49,12,507 shares
Post-IPO Promoter Holding67,28,507 shares
About Titaanium Ten Enterprise Ltd.
Incorporated in 1991, Titaanium Ten Enterprise Limited is engaged in trading of yarn, grey cloth and manufacturing and trading of knitted fabrics. Information in this paragraph is copied from chittorgarh.com.They also undertake job work of yarn and fabrics in their own capacity or on outsource basis.Company's traded material are mostly used in the process of weaving and knitting of fabrics which is than used for apparels such as sarees, shirtings, suitings and upholstery such as curtains, etc. Content in this paragraph is copied from chittorgarh.com.At present company has installed production capacity of more than 6,00,000 kgs p.a. for knitted fabrics.
Objects of the Issue
Titaanium Ten Enterprise Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Working Capital Requirements
2.27
Shareholding & Lock-in
Pre-IPO Promoter Holding
49,12,507 shares
Post-IPO Promoter Holding
67,28,507 shares