Tarini International Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,888,500 (47%) | — | ₹774 Cr |
| Retail | — | 1,888,500 (47%) | — | ₹774 Cr |
| Market Maker | — | 201,000 (5%) | — | ₹8 Cr |
| Σ Total | — | 3,978,000 (100%) | — | ₹16,310 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)
Lot size or price band not yet announced.
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 To finance Long Term incremental working capital requirements – 10.00
- 2 Renovation & Interior of the Registered Office – 1.60
- 3 Brand Building – 1.50
- 4 General Corporate purposes – 2.50
- 5 Issue Expenses – 0.71
Company Overview
Incorporated in 1999, Tarini International Ltd, (TIL) has been evolved as an engineering arm to provide financial and technical consultancy related to Hydro Power generation, Transmission and Distribution and Infrastructure. Over a period of time, it has emerged as an integrated player providing turn-key services under one umbrella from designing, construction, generation, transmission and distribution.
The company is also professionally competent to undertake projects from concept to commissioning. This entire set of activities, completes the value chain by providing the synergy of backward as well as forward integration.
TIL intends to develop its own 5 MW Kanyatana mini small hydro project in Karnataka under IPP and shall soon be taking up the execution of the same. The project is scheduled to be completed in 2 years’ time and is propose to generate approx. 35 million KWH annually.