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Open
1 Feb 2008
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Close
5 Feb 2008
3
Allotment
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Listing
Mon, Feb 25, 2008
Price Band
₹80 to ₹85
Issue Size
57,00,000 shares (agg. up to ₹48 Cr)
Lot Size
75 Shares
Listing Date
Mon, Feb 25, 2008
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.83x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Time Technoplast Ltd. | Mainboard | ₹123.53 Cr | ₹315 | null | ₹480.90 | +52.67% | ₹204.03 (+2.31%) |
| Astral Poly Technik Ltd. | Mainboard | ₹34.17 Cr | ₹115 | null | ₹105.35 | -8.39% | ₹1,377.80 (+0.01%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of the manufacturing facilities at Jalgaon, Maharashtra | 27.28 |
| 2 | Meeting long term working capital requirements | 11.80 |
| 3 | Purchase of branch offices | 4.15 |
| 4 | Provision for Contingencies | 0.28 |
| 5 | General Corporate purposes | 10.45 |
| 6 | Issue Expenses | 5.42 |
About Tulsi Extrusions IPO
Incorporated in 1994, Tulsi Extrusions Limited is a manufacture of various types of PVC pipes and fabricated fittings. They have also procured one elastomeric sealing machine along with mandrels enabling to manufacture elastomeric sealing pipes. Compant sell their products under brand name “Tulsi”. They have ISO 9001:2000 certificate in respect of quality management systems since 2002. Company has marketing presence in the states of Maharashtra, Madhya Pradesh, Chattisgarh, West Bengal and Rajasthan.The PVC pipe products manufactured by Company are to suit the requirements of application in agriculture, potable water supply schemes, sewerage and drainage systems, construction industry, telecom industry, bore well for underground water suction, etc., ranging from 20 mm diameter to 315 mm diameters in all pressure ratings.Pursuant to the take-over of the specified assets and liabilities of M/s. Tulsi Pipe Industries, Narvada Industries and Gopal Extrusions Private Limited, Company’s manufacturing facilities are being operated at three different locations in MIDC, Jalgaon, Maharashtra. The total installed capacity as on March 31, 2007 is now 10,483 metric tonnes for PVC pipes & fabric
Contact Details
Tulsi Extrusions Ltd. AddressTulsi Extrusions LimitedN-99MIDC AreaJalgaon, Maharashtra, 425003+91-25 7227 2732ipo@tulsigroup.bizVisit Website