Tentiwala Metal Products Ltd IPO

Closed

Subscription Details

  • Open Date 11 Dec
  • Close Date 16 Dec
  • Lot Size 10000
  • IPO Size ₹ 2.12 Cr
  • IPO Price Range ₹ 13
  • Min Investment ₹ 130000

Tentiwala Metal Products Ltd IPO Timeline

Open Date
11 Dec
Close Date
16 Dec
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 16,30,000 equity shares of face value of Rs. 10 each of Tentiwal Wire Products Limited (TWPL or The Company or The Issuer) for cash at a price of Rs. 13 per equity share (including a share premium of Rs. 3 per equity share) (Issue Price) aggregating to Rs. 2.12 crores (The Issue), of which 90,000 equity shares of face value of Rs. 10 each will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 15,40,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 13 per share aggregating to Rs. 2.00 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 30.05% and 28.39%,Respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is Rs. 13 per equity share. The issue price is 1.3 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 Tentiwala Metal Products Ltd IPO

Contact Information

Address

Delhi Masani Road,
Radhey Shyam Colony,
Mathura, Uttar Pradesh 281003

Tentiwala Metal Products Ltd IPO Lead Manager

Hem Securities Ltd
Open Demat Account