Technofab Engineering Ltd IPO

Closed

Subscription Details

  • Open Date 29 Jun
  • Close Date 02 Jul
  • Lot Size 25
  • IPO Size ₹ 71.66 Cr
  • IPO Price Range ₹ 240
  • Min Investment ₹ 6000

Technofab Engineering Ltd IPO Timeline

Open Date
29 Jun
Close Date
02 Jul
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 29,90,000 equity shares of face value of Rs. 10 each of Technofab Engineering Limited (The Company or The Issuer) for cash at a price of Rs. 240* per equity share aggregating Rs. 71.66* crores (The Issue). The issue comprises of a reservation of 50,000 equity shares of Rs. 10 each for eligible employees (The Employee Reservation Portion) for cash at a price of Rs. 220* per equity share aggregating Rs. 1.10 crores and a net issue to the public of 29,40,000 equity shares of Rs. 10 each (The Net Issue) for cash at a price of Rs. 240 per equity share aggregating Rs. 70.56 crores. The issue will constitute 28.50% of the post issue paid-up equity capital of the company. The net issue will constitute 28.03% of the post issue paid-up equity capital of the company. Issue price : Rs. 240 per equity share of face value Rs. 10 each The issue price is 24 times the face value * Discount of Rs. 20 to the issue price determined pursuant to completion of the book building process has been offered to eligible employees (the Employee Discount).

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Technofab Engineering Ltd IPO

Contact Information

Address

913 9th floor Hemkunt Chamber,
Nehru Place,
New Delhi, New Delhi 110019

Technofab Engineering Ltd IPO Lead Manager

Collins Stewart Inga Pvt Ltd
Open Demat Account