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Open
29 Jun to 2 Jul, 2010
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Close
29 Jun to 2 Jul, 2010
3
Allotment
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Listing
Fri, Jul 16, 2010
Price Band
₹230 to ₹240
Issue Size
29,90,000 shares (agg. up to ₹72 Cr)
Lot Size
25 Shares
Listing Date
Fri, Jul 16, 2010
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 19.67x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Jaypee Infratech Ltd. | Mainboard | ₹2,257.61 Cr | ₹102 | null | ₹91.45 | -10.34% | (+0.00%) |
| IL&FS Transportation Networks Ltd. | Mainboard | ₹700.00 Cr | ₹258 | null | ₹274.65 | +6.45% | ₹2.13 (+1.42%) |
| Man Infraconstruction Ltd. | Mainboard | ₹141.76 Cr | ₹252 | null | ₹349.85 | +38.83% | ₹101.60 (-0.63%) |
| ARSS Infrastructure Projects Ltd. | Mainboard | ₹103.02 Cr | ₹450 | null | ₹737.45 | +63.88% | ₹54.27 (+5.00%) |
| MBL Infrastructures Ltd. | Mainboard | ₹102.60 Cr | ₹180 | null | ₹206.55 | +14.75% | ₹25.50 (+2.37%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet long-term working capital requirements. | 30.00 |
| 2 | To finance the procurement of construction equipment. | 16.24 |
| 3 | To set up maintenance and storage facility for construction equipment | 4.99 |
| 4 | For setting up of training centre for employees | 5.41 |
| 5 | For general corporate purposes | 9.40 |
| 6 | To meet Issue expenses | 5.62 |
About Technofab Engineering IPO
Incorporated in 1971, Technofab Engineering Ltd (TEL) is engaged in the business of providing Engineering Procurement and Construction (EPC) services, and executing a wide range of Balance-of-Plant (BoP) and electro-mechanical projects on a complete turnkey basis. Technofab provide services to domestic and overseas markets across a number of industrial and infrastructure sectors which includes power, oil & gas, water & waste water treatment and other industrial & infrastructure sectors.Technofab Engineering provides EPC services for various BoP packages for power, oil & gas and other industrial and infrastructure undertakings. Company also provide EPC services to the main plant for water & waste water treatment projects. TEL has dealt with engineering consultants such as Development Consultants Private Limited (DCPL), Desein Private Limited, FITCHNER Consulting Engineers (India) Private Limited, Mecon, Tata Consulting Engineers, Engineers India Limited, M.N. Dastur, L&T, Sargent & Lundy, Uhde India Private Limited, Toyo Engineering India Limited, SAUR International, BCEOM France, etc. for its various EPC projects.+ Read More
Contact Details
Technofab Engineering Ltd. Address507, Eros Apartments, 56Nehru PlaceNew Delhi, New Delhi, 11001991 129 227 0202ipo@technofabengineering.comVisit Website