Technocrats Plasma Systems Ltd - IPO

Technocrats Plasma Systems Ltd IPO Details

Initial public offer of upto 46,20,000 equity shares of face value of Rs. 10/- each of Technocrats Plasma Systems Limited(TPSL or the company or the issuer) for cash at a price of Rs. [*]/- per equity share including a share premium of Rs.[*]/- per equity share (the issue price) aggregating to Rs. [*] crores (the issue), of which [*] equity shares of facevalue of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (the market makerreservation portion). The issue less the market maker reservation portion i.e. net issue of [*] equity shares of facevalue of Rs. 10/- each at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores is herein after referred to as the net issue. The issue and the net issue will constituteupto [*]% and [*]%, respectively, of the post issue paid up equity share capital of the company. The face value of theequity shares is Rs. 10/- each.The price band and the minimum bid lot will be decided by the company.

Objective of issue

Purchase and installation of plant and machinery for manufacturing of plasma cutting machines, welding equipment and customised automation systems at the Existing Premises. General corporate purposes.

Technocrats Plasma Systems Ltd Contact Details

Technocrats Plasma Systems Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795

Email - info@technocratplasma.com

Website - www.technocratplasma.com