Taurian MPS Ltd - IPO

Taurian MPS Ltd IPO Details

Initial public offer of upto 24,87,200 equity shares of face value of Rs. 10.00 each (Equity Shares) of Taurian MPS Limited (the Company or the Offerer) for cash at a price of Rs. 171 per equity share including a share premium of Rs. 161 per equity share (the Offer Price) aggregating to Rs. 42.53 crores (the Offer). The issue includes a reservation of upto 2,99,200 equity shares aggregating to Rs. 5.12 crores will be reserved for subscription by market maker to the offer (the Market Maker Reservation Portion). The offer less the market maker reservation portion i.e. net offer of upto 21,88,000 equity shares aggregating to Rs. 37.41 crores (the Net Offer). The price band and the minimum bid lot will be decided by the company.

Objective of issue

Acquisition of machineries and equipment's at existing production facility. Acquisition of equipment's to improve the research and development facilities to promote innovation. To meet working capital requirements. General corporate purposes.

Taurian MPS Ltd Contact Details

Taurian MPS Ltd, Office No S6-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@taurianmps.com

Website - www.taurianmps.com