Tarapur Transformers Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 4,250,000 (50%) | — | ₹3,188 Cr |
| NII (HNI) | — | 1,275,000 (15%) | — | ₹956 Cr |
| Retail | — | 2,975,000 (35%) | — | ₹2,231 Cr |
| Σ Total | — | 8,500,000 (100%) | — | ₹63,750 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 | 90 | ₹6,750 |
| Retail (Max) | 13 | 1,170 | ₹87,750 |
| S-HNI (Min) | 14 | 1,260 | ₹94,500 |
| B-HNI (Min) | 67 | 6,030 | ₹452,250 |
Financial Statements Amount in Lakhs
| Metric | 31-Aug-09 | 31-Mar-09 | 31-Mar-08 |
|---|---|---|---|
| Revenue | 1,208 | 2,401 | 1,068 |
| Profit After Tax | 76 | 216 | 151 |
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 Expansion and Modernization of the Pali Unit – 22.05
- 2 To part-finance incremental working capital requirement – 8.00
- 3 To part-finance the acquisition of business – 25.00
- 4 To part –finance the marketing and corporate branding expenses – 2.00
- 5 To part –finance the general corporate Expense – 13.51
- 6 To meet the expenses of the Issue – 2.99
Company Overview
Incorporated in 1988, Tarapur Transformers Limited is in the business of manufacturing, rehabilitation, up-gradation, and refurbishment of transformers ranging from power & distribution transformer, Rectifier Transformer, Furnace Duty Transformer, Electric Locomotive Transformer, Electric Traction substation Transformer, Dry type transformer, Potential Transformer, Special purpose transformers.
Tarapur Transformers manufacture Transformers up to 220 KV class, having an installed capacity of manufacturing of 1839.40 MVA & repairing of 1800 MVA per annum.
Tarapur currently operates through three manufacturing units located at MIDC, Boisar, Tarapur Industrial Area village Pali, At & PO – Posheri Taluka – Wada and L/25/5, GIDC Industrial Estate, Por- Ramnagamdi, Vadodara. Company's Boisar unit mostly undertakes the repairing & refurbishment, rehabilitation & upgradation of transformers with the installed capacity of 600 MVA for manufacturing and 1200 MVA for repairing of transformers per annum. Tarapur's Pali unit is equipped with modern state of art infrastructure facilities & technology, which can undertake the manufacturing of 1200 MVA for manufacturing and 600 MVA for repairing of transformers per annum and Vadodara unit is engaged in manufacturing of Current Transformers Potential Transformer normally called as CTPT and Distribution Transformers ranging from 10 KVa/11Kv to 100KVa/11Kv with installed capacity of 39.40 MVA per annum.