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Open
24 Aug 2011
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Close
26 Aug 2011
3
Allotment
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Listing
Thu, Sep 8, 2011
Price Band
₹256 to ₹261
Issue Size
88,67,187 shares (agg. up to ₹227 Cr)
Lot Size
25 Shares
Listing Date
Thu, Sep 8, 2011
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.72x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Indosolar Ltd. | Mainboard | ₹357.00 Cr | ₹29 | null | ₹23.70 | -18.28% | ₹387.95 (+0.30%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Finance the expansion of our manufacturing plant in Dabaspet | 10.27 |
| 2 | Construction of a project office in Bangalore city | 2.89 |
| 3 | Repayment of debt | 3.28 |
| 4 | Funding working capital requirements of our Company | 4.00 |
| 5 | General corporate purposes | 2.25 |
About TD Power Systems IPO
Incorporated in 1999, Bangalore based TD Power Systems Ltd is one of the leading manufacturers of AC Generators with output capacity in the range of 1 MW to 52 MW for prime movers such as steam turbines, gas turbines, hydro turbines, wind turbines, diesel and gas engines. Along with AC Generators Company also executes Turbine Generator ("TG") island projects for steam turbine power plants with output capacity up to 52 MW using a Japanese turbine combined with their generator. Company is ISO 9001-2008 certified.Company's customer base includes cement, steel, paper, chemical, metals, sugar co-generation, bio-mass power plants, hydro-electric power plants and Independent Power Plants ("IPPs") companies. Some of their customers include Shree Cements Limited, Vasavadatta Cements, Nava Bharat Ventures Limited, Chettinad Cement Corporation Limited and Balrampur Chini Mills Limited.DF Power Systems Private Ltd, a subsidiary company of TD Power is in the business of Engineering, Procurement and Construction (EPC) of the boiler-turbine generator (BTG) island and the balance of plant (BOP) portion of steam turbine power plants with outputs from 52 MW up to 150 MW. Company also has entered int
Contact Details
TD Power Systems Ltd. Address#27, 28, 29 KIADB Industrial AreaDabaspet, Nelamangala TalukBangalore UrbanBengaluru, Karnataka, 562111(91) (80) 22017800srivatsa.n@tdps.co.inVisit Website