IPO Synopsis

Technocraft Industries (India) Ltd
Registered Office: Opus Centre 47 Central Road,MIDC Andheri (East),Mumbai-400093, Maharashtra
Tel. No: 91-22-4098222/2202
Fax No: 91-22-28356559/28367037
Email: investor@technocraftgroup.com; cs@technocraftgroup
Website: www.technocraftgroup.com
Public issue of 83,20,000 equity shares of Rs. 10/- each for cash at an Issue price of Rs.105/- per equity share aggregating to Rs.87.36 Crores (hereinafter referred to as 'the issue'). The issue comprises 4,20,000 equity shares of Rs.10/- each aggregating to Rs.4.41 Crores reserved for employees of the company and net issue to public of 79,00,000 equity shares of Rs. 10/- each aggregating to Rs.82.95 Crores. The net issue would constitute 25.06% of the post issue paidup capital of the company. Issue Price: Rs.105/- per equity share of face value of Rs. 10/- each. The issue price is 10.5 times of the face value
Issue Money Payable On
Opens On Closes On Application Allotment
18-Jan-2007 23-Jan-2007 ₹105.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 65 Further Multiples of :65
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00 Anand Rathi Securities Pvt Ltd
Project Financed through Current Offer 87.36 Centrum Capital Ltd
Post Issue Equity Share Capital 31.53
Issue Price 105.00
Projects
Impr.Manu.Pro.Drum&Closures&Imp.Cost Effectiveness
Exp.Cap.of Pipe&Scaffolding Div.&Intro.New Product
Fin. the expansion of the yarn Division(Spindles)
Setting up of Power Project
Promoted By
Madhoprasad Saraf
Sharad Kumar Saraf
Sudarshan Kumar Saraf
Listing At
BSE
NSE
Registrar To The Issue