Tecpro Systems Ltd IPO

Closed

Subscription Details

  • Open Date 23 Sep
  • Close Date 28 Sep
  • Lot Size 15
  • IPO Size ₹ 267.91 Cr
  • IPO Price Range ₹ 355
  • Min Investment ₹ 5325

Tecpro Systems Ltd IPO Timeline

Open Date
23 Sep
Close Date
28 Sep
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public offer of 7,550,000 equity shares of Rs. 10 each (The Equity Shares) for cash at a price of Rs. 355 per equity share of Tecpro Systems Limited (Tecpro Systems, The Company or The Issuer) aggregating Rs. 267.91 crores (The Offer). The offer comprises a fresh issue of 6,250,000 equity shares by the issuer (The Fresh Issue) and an offer for sale of 1,300,000 equity shares by Metmin Investments Holdings Limited (The Selling Shareholder) (The Offer for Sale). The offer comprises a net offer to the public of 7,350,000 equity shares (the Net Offer) and a reservation of 200,000 equity shares for subscription by eligible employees (The Employee Reservation Portion), At the offer price. Discount of Rs. 17/- to the offer price was offered to eligible employees. The offer shall constitute 14.96% of the post-offer share capital of the company. The net offer shall constitute 14.56% of the post-offer share capital of the company. The face value of the equity share is Rs. 10 each Offer price: Rs. 355/- per equity share of face value of Rs. 10/- each The offer price is 35.50 times of the face value

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 Tecpro Systems Ltd IPO

Contact Information

Address

106 Vishwadeep Tower Plot No 4,
District Centre Janak Puri,
New Delhi, New Delhi 110058

Tecpro Systems Ltd IPO Lead Manager

Kotak Mahindra Capital Company LtdSBI Capital Markets Ltd
Open Demat Account