Business Standard

Tantia Constructions Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

56.25 cr

Price Range (₹)

50

Lot Size

125

Min Investment (₹)

6,250.00

Listing Exchange

MumbaiKolkataDelhi

Open Date

27-Mar-2006

Close Date

31-Mar-2006

Listing Date

28-Apr-2006

Tantia Constructions Ltd News

    The Shares of Tantia Constructions Ltd have now been listed.

    Tantia Constructions Ltd IPO Details

    Present issue of 1,12,50,000 equity shares of Rs. 10/- each for cash at a premium of Rs. 40 per equity share aggregating Rs. 56.25 Crores. Net offer to the public of 42,50,000 equity shares of Rs. 10/- each for cash at a premium of Rs. 40 per equity share, aggregating Rs.21.25 Crores (The Net Issue). The net issue will constitute 27.30% of the fully diluted post issue capital of the company. Issue price is Rs.50/- per Equity ShareThe issue price is 5 times of the face value

    Objective of issue

    Investment in Capital Equipment. Enhancement of Long Term Working Capital. Repayment of Unsecured Loan. Repayment of Public Deposit. Investment in BOT/BOOT Projects and Joint Ventures.

    Tantia Constructions Ltd Contact Details

    Tantia Constructions Ltd, 77/2A Hazra Road, 3rd & 5th Floor, , Kolkata - 700029

    Phone - 91-33-24767350/54

    Fax - 91-33-24541961/24747674

    Email - cs@tantiagroup.com

    Website - www.tantiagroup.com