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Open
22 Mar 2018
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Close
27 Mar 2018
3
Allotment
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Listing
Fri, Apr 6, 2018
Price Band
₹35 per share
Issue Size
32,40,000 shares (agg. up to ₹11 Cr)
Lot Size
4,000 Shares
Listing Date
Fri, Apr 6, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.15x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 15.78 | 10.59 | 7.90 | 4.43 |
| Total Income | 18.98 | 18.19 | 12.11 | 8.41 |
| Profit After Tax | 1.29 | 0.45 | 0.07 | 0.03 |
| NET Worth | 7.07 | 1.06 | 0.60 | 0.53 |
| Reserves and Surplus | 5.00 | 0.61 | 0.15 | 0.08 |
| Total Borrowing | 4.45 | 7.26 | 5.23 | 2.88 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Benara Bearings & Pistons Ltd. | SME | ₹33.49 Cr | ₹63 | null | ₹61.95 | -1.67% | ₹10.45 (-0.48%) |
| Macpower CNC Machines Ltd. | SME | ₹36.61 Cr | ₹140 | null | ₹162.05 | +15.75% | ₹1,334.60 (+0.97%) |
| ICE Make Refrigeration Ltd. | SME | ₹23.71 Cr | ₹57 | null | ₹68.40 | +20.00% | ₹804.65 (+2.09%) |
| Jash Engineering Ltd. | SME | ₹48.01 Cr | ₹120 | null | ₹144.00 | +20.00% | ₹525.25 (+0.77%) |
| Captain Technocast Ltd. | SME | ₹5.70 Cr | ₹40 | null | ₹48.50 | +21.25% | ₹221.00 (+0.45%) |
| Meera Industries Ltd. | SME | ₹3.89 Cr | ₹36 | null | ₹36.05 | +0.14% | ₹44.10 (-2.00%) |
| Salasar Techno Engineering Ltd. | Mainboard | ₹35.95 Cr | ₹108 | null | ₹262.50 | +143.06% | ₹6.08 (+0.66%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working capital requirement | 7.91 |
| 2 | General corporate purposes | 2.70 |
| 3 | Issue Expenses | 0.73 |
About Taylormade Renewables IPO
Incorporated in the year 2010, Taylormade Renewables Limited is a Gujarat based company engaged in providing renewable energy solutions. The company specializes in manufacturing of Solar Parabolic Concentrating Systems for steam generation used in steam cooking and other industrial application, direct or in-direct heating, including solar air-conditioning, and solar space heating, solar drying, solar waste water evaporation and many more applications requiring thermal energy. Taylormade also manufactures Solar Dish Cooker, Solar Box Cooker, Solar Dryer, Biomass cook stoves and biomass gasifiers, air source heat pumps, solar thermic fluid cooking system, evacuated tube collectors with and without CPC reflector.In the year 2017, the company shifted our manufacturing unit from Valsad to our present location situated at Kerala Industrial Estate, Ahmedabad which is spread over to an area admeasuring 1710.00 sq. mtrs. As on March 15, 2018, the company has 54 employees to look after our business operations, production and factory management.+ Read More
Contact Details
Taylormade Renewables Ltd. Address705, Shapath-II, Opp.Rajpath ClubS.G.RoadBodakdevAhmedabad, Gujarat, 380054+91 79 40040888cs@tss-india.comVisit Website