Business Standard

Taylormade Renewables Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

11.34 cr

Price Range (₹)

35

Lot Size

4000

Min Investment (₹)

1,40,000.00

Listing Exchange

BSE - SME

Open Date

22-Mar-2018

Close Date

27-Mar-2018

Listing Date

06-Apr-2018

Taylormade Renewables Ltd News

    The Shares of Taylormade Renewables Ltd have now been listed.

    Taylormade Renewables Ltd IPO Details

    Initial public issue of 32,40,000 equity shares of a face value of Rs. 10/- each (the equity shares) of Taylormade Renewables Limited (the company or TRL or the issuer) for cash at a price of Rs. 35 per equity share (including a share premium of Rs. 25 per equity share) (issue price) aggregating to Rs. 11.34 crores (the issue) of which 1,68,000 equity shares aggregating to Rs. 0.59 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of up to 30,72,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 35 per equity share aggregating to Rs. 10.75 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 32.98 % and 31.27% respectively of the post issue paid up equity share capital of the company.The Face value of the equity share is Rs. 10.00 each and the issue price of Rs. 35 is 3.50 times of the face value.

    Objective of issue

    Working capital requirement. General corporate purposes.

    Taylormade Renewables Ltd Contact Details

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

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - cs@tss-india.com

    Website - www.trlindia.com