Tandhan Polyplast Ltd - IPO

Tandhan Polyplast Ltd IPO Details

Initial public offer of upto 41,28,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Tandhan Polyplast Limited (The Company or TPL or The Issuer) at an issue price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores (Public Issue) out of which 2,16,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 39,12,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 26.41 % and 25.03% respectively of the post-issue paid-up equity share capital of the company.The price band and the minimum bid lot will be decided by the company.

Objective of issue

Funding for the construction of factory shed of new mfg facility. Funding of capital expenditure towards the installation of additional plant and machinery. Repayment of a portion of certain borrowings availed by the company. General corporate purposes.

Tandhan Polyplast Ltd Contact Details

Tandhan Polyplast Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@tandhangroup.com

Website - www.tandhanpolyplast.com/