The TD Power IPO is a Rs 227.00 crore book-built offering. Starting on August 24, 2011, the TD Power IPO bidding period finished on August 26, 2011. September 8, 2011, saw the shares listed on the BSE and NSE. A share’s price range for the TD Power IPO is set at ₹256 to ₹261. For an application, a minimum lot size of 25 shares is required. Retail investors are required to invest a minimum of ₹6,525.
TD Power Systems Ltd., a Bangalore-based company, was founded in 1999 and is among the top producers of AC generators for prime movers, including wind, diesel and gas engines, hydro and steam turbines, with an output capacity ranging from 1 MW to 52 MW. In addition to AC generators, the company uses a Japanese turbine in conjunction with their generator to carry out Turbine Generator (“TG“) island projects for steam turbine power plants with an output capacity of up to 52 MW. Certified ISO 9001-2008 company. The company’s
clients include companies that operate independent power plants (“IPPs“), biomass power plants, hydroelectric power plants, steel, paper, chemicals, metals, sugar cogeneration, and cement. Nava Bharat Ventures Limited, Balrampur Chini Mills Limited, Shree Cements Limited, Vasavadatta Cements, and Chettinad Cement Corporation Limited are a few of its clients.
TD Power IPO Details
| IPO Date | August 24, 2011 to August 26, 2011 |
| Listing Date | September 8, 2011 |
| Face Value | ₹10 per share |
| Price Band | ₹256 to ₹261 per share |
| Lot Size | 25 Shares |
| Total Issue Size | 8,867,188 shares (aggregating up to ₹227.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
TD Power IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹6,525 |
| Retail (Max) | 30 | 750 | ₹195,750 |
TD Power IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | – | NA |
| QIB Shares Offered | 3,129,042 (41.38%) | NA |
| NII (HNI) Shares Offered | 1,330,079 (17.59%) | |
| Retail Shares Offered | 3,103,516 (41.04%) | 124,140 |
| Total Shares Offered | 7,562,637 (100%) |
TD Power Company Financials
| Particulars | 31-Mar-11 | 31-Mar-10 | 31-Mar-09 | 31-Mar-08 | 31-Mar-07 |
|---|---|---|---|---|---|
| Total Income | 4,948.23 | 4,388.00 | 4,759.57 | 5,333.40 | 4,274.80 |
| Profit After Tax (PAT) | 416.40 | 330.24 | 365.93 | 355.61 | 161.15 |
Objects of the Issue (TD Power IPO Objectives)
The objects of the issue are to:
- Finance the expansion of our manufacturing plant in Dabaspet;
- Construct a project office in Bangalore city;
- Repay debt;
- Fund working capital requirements of our Company; and
- Fund our general corporate purposes.
TD Power IPO Listing Details
| Listing Date | September 8, 2011 |
| BSE Script Code | 533553 |
| NSE Symbol | TDPOWERSYS |
| ISIN | INE419M01019 |
| Final Issue Price | ₹256 per share |
TD Power Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹256.00 | ₹256.00 |
| Open | ₹251.60 | ₹260.00 |
| Low | ₹242.00 | ₹242.00 |
| High | ₹308.75 | ₹309.70 |
| Last Trade | ₹274.80 | ₹275.25 |
TD Power Systems Ltd Contact Details
TD Power Systems Ltd
#27, 28, 29 KIADB Industrial Area,
Dabaspet, Nelamangala Taluk,
Bangalore 562 111, Karnataka
Phone: (91) (80) 22017800
Email: [email protected]
Website: http://www.tdps.co.in
TD Power IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in
TD Power IPO FAQs
Q1. What is the TD Power IPO?
Ans. TD Power IPO is a main-board IPO of 8,867,188 equity shares with a face value of ₹10, aggregating up to ₹227.00 crore. The issue is priced at ₹256 to ₹261 per share. The minimum order quantity is 25 shares. The IPO opens on August 24, 2011, and closes on August 26, 2011. Link Intime India Private Ltd. is the registrar for the IPO. The shares are proposed to be listed on the BSE and NSE.
Q2. When TD Power IPO will open?
Ans. The TD Power IPO opens on August 24, 2011 and closes on August 26, 2011.
Q3. What is the lot size of the TD Power IPO?
Ans. TD Power IPO lot size is 25 shares, and the minimum amount required is ₹6,525.
Q4. When is the TD Power IPO listing date?
Ans. The TD Power IPO listing date is on September 8, 2011.
