Tentiwal Wire Products Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 770,000 (47%) | — | ₹100 Cr |
| Retail | — | 770,000 (47%) | — | ₹100 Cr |
| Market Maker | — | 90,000 (6%) | — | ₹1 Cr |
| Σ Total | — | 1,630,000 (100%) | — | ₹2,119 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 | 10,000 | ₹130,000 |
| Retail (Max) | 13 | 130,000 | ₹1,690,000 |
| S-HNI (Min) | 14 | 140,000 | ₹1,820,000 |
| B-HNI (Min) | 67 | 670,000 | ₹8,710,000 |
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 Repayment of Loan taken from Aditya Birla Finance Limited (As on 30-6-2013) – 1.26
- 2 General Corporate Purpose – 0.31
- 3 Issue Expenses – 0.55
Company Overview
Incorporated in 1994, Tentiwal Wire Products Ltd offers complete range of product for winding conductors of transformers and AC/DC Motors. Company's manufacture products basically on made-to-order basis as per Customer specification. Marketing is centrally controlled from Mathura.
Currently company manufactures:
1. Copper Wire Units which includes Submersible Motor Winding Wire, Super Enameled Copper Wire, Paper Covered Copper Strips and Wire, Paper Covered Aluminium Strips and Wire.
2. Aluminum Extrusion Units which includes Industrial Section (Heat Sinks), Hardware Section (Rods, Ladders, Tower Bolt, step Ending, Exhibition Section, Ferul, etc.), Furniture Section (Work section Channels, Cover Plate, Photo Frames etc.), Architectural Section (Tubes, Double Partitions, Square tube, Door Top, Patam Tube, Mullion, Bolts, etc) and Several Misc. Section.