BS Transcomm Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,839,705 (50%) | — | ₹9,868 Cr |
| NII (HNI) | — | 1,151,911 (15%) | — | ₹2,960 Cr |
| Retail | — | 2,687,794 (35%) | — | ₹6,908 Cr |
| Σ Total | — | 7,679,410 (100%) | — | ₹197,361 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹6,425 |
| Retail (Max) | 13 | 325 | ₹83,525 |
| S-HNI (Min) | 14 | 350 | ₹89,950 |
| B-HNI (Min) | 67 | 1,675 | ₹430,475 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Part funding of Phase I i.e. expansion in Tower Manufacturing and galvanizing capacity from 36,000 MTPA to 1,20,000 MTPA (i.e. an increase in installed capacity by 84,000 MTPA) and setting up of the Backward Integrated Structural Mill with an installed capacity of 90,000 MTPA –
- 2 Funding of Phase II i.e. expansion in Tower Manufacturing and galvanizing capacity from 1,20,000 MTPA to 2,40,000 MTPA (i.e. an increase in installed capacity by 1,20,000 MTPA) –
- 3 To part finance margin money for working capital for the Project –
- 4 To fund general corporate purposes –
- 5 To meet expenses of this Issue –
Company Overview
BS TransComm is engaged in the business of providing a range of services to telecommunication infrastructure providers and power transmission companies including turnkey services. BS Transcomm plans to provide tower companies with solar and wind power solutions along with its existing fuel management solutions. In telecom infrastructure the company's main clients are Reliance Infra, GTL, Indus Towers, Quippo WTTL, Bharti Infratel and Vodafone Essar. Clients in the power business include Power Grid Corporation, Rajasthan Rajya Vidyut Prasaran Nigam & Transmission Corporation of Andhra Pradesh and Karnataka Electricity Board.
The company has laid down expansion plans to increase its current tower fabrication and galvanization capacity from 36,000 MTPA to 240,000 MTPA in two phases. In first phase, completed in March 2010, the company expanded the capacity by 84,000 MTPA, taking the current capacity to 1,20,000 MTPA. In phase II the company will increase tower manufacturing capacity from 120,000 MTPA to 240,000 MTPA.