The Taylormade Renewables date has been confirmed from March 22, 2018 and ended on March 27, 2018.
Taylormade Renewables Developers IPO is a fixed price issue of Rs 11.34 crores. The price is ₹35 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹140,000.
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Bidding Dates
March 22-27
Price Range
₹35 per share
Face Value
₹10 per share
GMP
₹728.05
Taylormade Renewables IPO GMP
The Taylormade Renewables IPO GMP is ₹728.05.
IPO Overview
Taylormade Renewables’ initial public offering (IPO) has a set price of Rs 11.34 crores. Taylormade Renewables initial public offering (IPO) bidding began on March 22, 2018 and ended on March 27, 2018. On April 6, 2018, the shares were listed on the BSE SME. Taylormade Renewables initial public offering (IPO) price is ₹35 per share.
As on March 15, 2018, the company has 54 employees to look after our business operations, production and factory management. A lot size of 4000 shares is required for an application. Retail investors must make a minimum commitment of ₹140,000.
Taylormade Renewables IPO Details
| IPO Date | March 22, 2018 to March 27, 2018 |
| Listing Date | April 6, 2018 |
| Face Value | ₹10 per share |
| Price | ₹35 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 3,240,000 shares (aggregating up to ₹11.34 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 168,000 shares |
Taylormade Renewables Company Financials
| Particulars | For the year/period ended (in Rs. Lacs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 1,059.30 | 790.49 | 442.54 | 165.06 | 92.83 | |
| Total Revenue | 1,819.12 | 1,210.82 | 840.79 | 245.43 | 108.36 | |
| Profit After Tax | 45.42 | 7.36 | 3.07 | 3.02 | 1.01 | |
Taylormade Renewables IPO Listing Details
| Listing Date | April 6, 2018 |
| BSE Script Code | 541228 |
| NSE Symbol | |
| ISIN | INE459Z01017 |
| Final Issue Price | ₹35 per share |
Company Profile
Taylormade Renewables Limited, founded in 2010, is a Gujarat-based firm that provides renewable energy solutions. The company specialises in the production of Solar Parabolic Concentrating Systems for the generation of steam for use in steam cooking and other industrial applications, direct or indirect heating, including solar air-conditioning and solar space heating, solar drying, solar waste water evaporation, and a variety of other thermal energy-related applications. Taylormade also produces a solar dish cooker, a solar box cooker, a solar dryer,
biomass cook stoves and gasifiers, air source heat pumps, a solar thermic fluid cooking system, and evacuated tube collectors with and without a CPC reflector. In 2017, the company relocated its manufacturing unit from Valsad to its current location in Kerala Industrial Estate, Ahmedabad, which covers an area of 1710.00 square metres.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | ipo@bigshareonline.com |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Taylormade Renewables Limited |
| Phone number | +91 79 40040888 |
| Email ID | cs@tss-india.com |
| Website | trlindia.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
