Thaai Casting Ltd - IPO

Thaai Casting Ltd IPO Details

Initial public offer of 61,29,600 equity shares of face value of Rs. 10/- each (Equity Shares) of Thaai Casting Limited (the Company or Thaai Casting or TCL or Issuer) at an issue price of Rs. 77 per equity share (including a share premium of Rs. 67 per equity share) for cash, aggregating Rs. 47.20 crores (Public Issue) out of which 3,47,200 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 77 per equity share for cash, aggregating Rs. 2.67 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 57,82,400 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 77 per equity share for cash, aggregating up to Rs. 44.53 crores is hereinafter referred to as the Net Issue. The public issue and net issue will constitute 26.50 % and 25.00 % respectively of the post-issue paid-up equity share capital of the company.

Objective of issue

Capital Expenditure. General Corporate Purposes.

Thaai Casting Ltd Contact Details

Thaai Casting Ltd, Shiv Shakti Indust, Unit No 9 Lower Pare, 7 B J R Boricha Marg, Mumbai-400011

Phone - 91-022-23016761

Fax -

Email - cs@thaaicasting.com

Website - www.thaaicasting.com