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Open
27 Aug to 3 Sep, 2007
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Close
27 Aug to 3 Sep, 2007
3
Allotment
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Listing
Tue, Sep 25, 2007
Price Band
₹45 per share
Issue Size
39,31,150 shares (agg. up to ₹18 Cr)
Lot Size
150 Shares
Listing Date
Tue, Sep 25, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 0.98x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Nitin Fire Protection Industries Ltd. | Mainboard | ₹64.47 Cr | ₹190 | null | ₹484.85 | +155.18% | (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up a new plant for providing machining facility of castings at Aurangabad | 20.80 |
| 2 | To repay the unsecured loan raised by the Company for setting up the Gandhidham unit from Nirved Traders Private Limited, Promoter Company | 4.70 |
| 3 | To meet the margin money for working capital requirement for Aurangabad Project | 0.50 |
| 4 | To meet the expenses of the issue | 3.00 |
About Dagger-Forst Tools FPO
Dagger Forst Tools Limited (DFTL), a part of Yashovardhan Birla Group, is engaged in the manufacture of high precision Cutting Tools viz. Broaches, Hobs, Shaper Cutters & Shaving Cutters (Gear Cutting Tools).Broaching is one of the most economical methods of machining, an integral process in the Engineering and Automobile Industry. It is, in most cases, the only process by which complex internal and external shapes can be achieved with high accuracy and surface finish.The first Broach manufacturing plant was set up by the Company in 1965 at Thane in Maharashtra in collaboration with Oswald Forst GmbH of Germany and a decade later i.e. in 1975, another plant was setup at Aurangabad, Maharashtra, to cater to the increased market demand for broaches.DFTL is a listed company in BSE. DFTL stock information at BSE is as below:BSE Code: 505426Face Value: 10Sector: Engineering - Machine Tools ISIN Demat: INE989B01014+ Read More
Contact Details
Dagger-Forst Tools Ltd. AddressDagger Forst Tools LimitedFirst Pokhran RoadThane, Maharashtra, 400606+91-22- 25882531complianceofficer@daggerforst.comVisit Website