Transwind Infrastructures IPO GMP, Review, Price, Allotment

The Transwind Infrastructures IPO date has been confirmed to have started from June 30, 2017 and ended on July 4, 2017. Read the post to learn about Transwind Infrastructures IPO GMP.

Using an IPO, Transwind Infrastructures is seeking to raise Rs 12.35 crore. Its price is ₹27 per share and the minimum lot size for an application is 4000 shares. The minimum amount of investment required by retail investors is ₹108,000.

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Key Details Of Transwind Infrastructures IPO

Transwind Infrastructures IPO GMP

The Transwind Infrastructures Limited IPO Today GMP is ₹11.25.

Transwind Infrastructures IPO Overview​

Transwind Infrastructures initial public offering (IPO) has a set price of Rs 7.29 crore. Transwind Infrastructures initial public offering (IPO) bid began on June 30, 2017 and was completed on July 4, 2017. On July 12, 2017, the shares were listed on the NSE SME. The IPO price for Transwind Infrastructure is $27 per share. The Transwind Infrastructures Limited IPO Today GMP is ₹11.25. A lot size of 4000 shares is required for an application. Retail investors must make a minimum commitment of $100,000.

For about ten years, the business has also been responsible for the Annual Maintenance Contract (AMC) of the cable and repeaters in the sections Rajkot, Viramgam, Dhrangadhra, Bhatia-Okha, and Rajkot-Bhatia. mIt has served and continues to serve many government and public sector undertakings projects of S&T to Indian Railways (Western Railway, North Western Railway, and West Central Railway). Apart from the foregoing, TIL has completed and continues to complete domestic gas connection pipeline projects for a variety of clients, including Mahanagar Gas Limited in Mumbai, Green Gas Limited in Lucknow, Green Gas Limited in Agra, Indraprastha Gas Limited in New Delhi, and Bhagyanagar Gas Limited in Hyderabad.

Transwind Infrastructures IPO Details

IPO Date	June 30, 2017 to July 4, 2017
Listing Date	July 12, 2017
Face Value	₹10 per share
Price	₹27 per share
Lot Size	4000 Shares
Total Issue Size	2,700,000 shares (aggregating up to ₹7.29 Cr)
Issue Type	Fixed Price Issue IPO
Listing At	NSE SME

Transwind Infrastructures IPO Listing Day Trading Information

Price Details	NSE SME
Final Issue Price	₹27.00
Open	₹30.85
Low	₹30.85
High	₹32.40
Last Trade	₹32.40

Transwind Infrastructures IPO Listing Details

Listing Date	July 12, 2017
BSE Script Code
NSE Symbol	TRANSWIND
ISIN	INE792X01016
Final Issue Price	₹27 per share

Company Profile​

TIL initially worked on the Bharat Sanchar Nigam Limited (BSNL) cable network project at several Secondary Switching Areas (SSA). Following then, it spread the effort to numerous SSA during the next ten years.

IPO Strengths

• 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.

Transwind Infrastructures IPO FAQs