| Titagarh Rail Systems Ltd |
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| Registered Office: 756 Anandapur,E M Bypass,Kolkata-700017, West Bengal |
| Tel. No: 91-33-40190800 |
| Fax No: 91-33-40190823 |
| Email: dinesh.arya@titagarh.in; corp@titagarh.in |
| Website: www.titagarh.in |
| Public Issue of 23,83,768 Equity Shares of Rs.10/- each ("Equity Shares") of Titagarh Wagons Limited ("TWL" or the "Company" or the "Issuer") for Cash at a price of Rs.540/- per Equity Share (including a Share Premium of Rs.530/- per Equity Share), Consisting of a Fresh Issue of 20,68,111 Equity Shares and an Offer for Sale of 3,15,657 Equity Shares by Mrs.Rashmi Chowdhary and Strategic Ventures fund (Mauritius) Limited (the "Selling Shareholders"), Aggregating Rs.128.72 Crores (the "Issue"). The Issue Comprises a net Issue to the Public of 23,68,768 Equity Shares (the "net issue") and a Reservation of up to 15,000 Equity Shares for Subscription by Eligible Employees (the "Employee Reservation Portion"). The Issue will constitute 12.9% of our Post-Issue Capital. The net Issue will Constitute 12.8% of our Post-Issue Capital. Issue Price is Rs.540/- per Equity Share of Face Value Rs.10/- The Face Value of the Equity Shares is Rs.10/- per Share. The Issue Price is 54 times the Face Value |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 24-Mar-2008 | 27-Mar-2008 | ₹540.00 - 0.00 | ₹0.00 - 0.00 |
| Minimum Application for shares in Nos : 10 | Further Multiples of :10 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 111.68 | JM Financial Consultants Pvt Ltd |
| Project Financed through Current Offer | 128.72 | Kotak Mahindra Capital Company Ltd |
| Post Issue Equity Share Capital | 18.44 | |
| Issue Price | 540.00 |
| Projects |
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| Set up a EMU Manufact. Facility at Uttapura Unit |
| Modernise & expand facilities at Titagarh & Uttapu |
| To Set axle machining & wheelset assembly at Uttap |
| Construct a corporate office and designcum R&D off |
| Stategic Acquisition |
| Brand building exercise |
| General Corporate Purposes |
| Promoted By |
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| J P Chowdhary |
| Umesh Chowdhary |
| Titagarh Cap. Mgmnt Serv.P Ltd |
| Listing At |
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| BSE |
| NSE |
| Registrar To The Issue |
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