IPO Synopsis

TIPCO Engineering India Ltd

Registered Office: P.No.1658 Phase-I Sector 38-,Industrial Estate Rai Dt PSRai, Sonipat - 131029, Haryana, India. Phone : +91 99966 35489   Fax: Email : investors@tipcoengineering.com Website :https://tipcoengineering.com/

Initial public offer of upto 68,03,200 equity shares of face value of Rs. 10/- each (the "Equity Shares") of TIPCO Engineering India Limited ("The Company" or "TIPCO" or "The Issuer") at an offer price of Rs. 84-Rs. 89 per equity share for cash, aggregating up to Rs. 57.15-Rs. 60.55 Crore comprising of fresh issue of up to 54,48,000 equity shares aggregating to Rs. 45.76-Rs. 48.49 Crore ("Fresh Issue") and an offer for sale of up to 13,55,200 equity shares by Ritesh Sharma ("Selling Shareholder") aggregating to Rs. 11.38-Rs. 12.06 Crore ("Offer For Sale") ("Public Offer"). The offer includes a reservation of up to 10,20,800 equity shares of face value of Rs. 10/-each, at an offer price of Rs. 84-Rs. 89 per equity share for cash, aggregating Rs.8.57-Rs.9.09 Crore will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Net offer of up to 57,82,400 equity shares of face value of Rs.10/-each, at an offer price of Rs. 84-Rs. 89 per equity share for cash, aggregating upto Rs. 48.57-Rs. 51.46 Crore is herein after referred to as the "Net Offer". The public offer and net offer will constitute 32.76% and 27.84% respectively of the post-offer paid-up equity share capital of the company. Price Band: Rs. 84/- to Rs. 89/- per equity share of face value of Rs. 10.00 each. The floor price is 8.4 times the face value of the equity shares and cap price is 8.9 times of the face value of the equity shares. Bids can be made for a minimum of 1,600 equity shares and in multiples of 1,600 equity shares thereafter. Issue Opens On Closes On 23-Mar-26 25-Mar-26 Money Payable On Application Allotment 84.00 0.00 Minimum Application for shares in Nos : 3200 Further Multiples of : 1600 Cr Lead Managers to the Issue Project Cost (.Cr) 0.00 Smart Horizon Capital Advisors Private Limited Project Financed through Current Offer (.Cr) 57.15   Post Issue Equity Share Capital (.Cr) 20.77 Issue Price () 84.00

Projects

Repayment/prepayment of all or certain of our borrowings availed of by our Company Funding Working Capital Requirement of our Company General Corporate Purpose

Promoted By

Ritesh Sharma

Sonia Sharma

Listing At

BSE - SME

Registrar to the Issue

No Data Available