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Technofab Engineering Ltd IPO

IPO Detail Basis of Allotment Allotment Status IPO News

Jun 29, 2010 - Jul 02, 2010

Incorporated in 1971, Technofab Engineering Ltd (TEL) is engaged in the business of providing Engineering Procurement and Construction (EPC) services, and executing a wide range of Balance-of-Plant (BoP) and electro-mechanical projects on a complete turnkey basis. Technofab provide services to domestic and overseas markets across a number of industrial and infrastructure sectors which includes power, oil & gas, water & waste water treatment and other industrial & infrastructure sectors.

Technofab Engineering provides EPC services for various BoP packages for power, oil & gas and other industrial and infrastructure undertakings. Company also provide EPC services to the main plant for water & waste water treatment projects. TEL has dealt with engineering consultants such as Development Consultants Private Limited (DCPL), Desein Private Limited, FITCHNER Consulting Engineers (India) Private Limited, Mecon, Tata Consulting Engineers, Engineers India Limited, M.N. Dastur, L&T, Sargent & Lundy, Uhde India Private Limited, Toyo Engineering India Limited, SAUR International, BCEOM France, etc. for its various EPC projects.

Objects of the Issue:

1. To meet long-term working capital requirements;
2. To finance the procurement of construction equipment;
3. To set up maintenance and storage facility for construction equipment;
4. For setting up of training centre for employees;
5. For general corporate purposes; and
6. To meet Issue expenses.

Issue Detail:

  »»  Issue Open: Jun 29, 2010 - Jul 02, 2010
  »»  Issue Type: 100% Book Built Issue IPO
  »»  Issue Size: 2,990,000 Equity Shares of Rs. 10
  »»  Issue Size: Rs. 71.76 Crore
  »»  Face Value: Rs. 10 Per Equity Share
  »»  Issue Price: Rs. 230 - Rs. 240 Per Equity Share
  »»  Market Lot: 25 Shares
  »»  Minimum Order Quantity: 25 Shares
  »»  Listing At: BSE, NSE

Technofab Engineering Ltd IPO Grading / Rating

Fitch has assigned an IPO Grade 3 to Technofab Engineering Ltd IPO. This means as per Fitch company has 'Average Fundamentals'. Fitch assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the Fitch IPO Grading Document for Technofab Engineering Ltd.

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Technofab IPO Tags:

Technofab Engineering IPO, Technofab IPO, Technofab Bidding, Technofab Allotment Status, Technofab Listing and Technofab India.

Bidding Status (IPO subscription detail):

Technofab Engineering Ltd IPO Alerts

1. Wednesday, July 14, 2010 10:44:15 AM

IPO Listing - Technofab Engineering Ltd

2. Wednesday, July 14, 2010 2:09:38 AM

IPO Allotment - Technofab Engineering Ltd

3. Friday, July 02, 2010 11:50:32 AM

Technofab Engineering IPO finally subscribed 12.78 times

4. Thursday, July 01, 2010 10:23:41 AM

Technofab Engineering IPO subscribed 0.61 times on day 3

5. Wednesday, June 30, 2010 10:22:39 AM

Technofab Engineering Ltd IPO subscribed 0.15 times on day 2

6. Tuesday, June 29, 2010 10:56:47 AM

Technofab Engineering IPO subscribed 0.10 times on day 1

7. Wednesday, June 16, 2010 10:44:06 AM

Upcoming IPO - Technofab Engineering Ltd

IPO Rating

265 3.7 Rating: Vote Here ... 1 2 3 4 5

Technofab Engineering Ltd IPO Links

›  Draft Prospectus with SEBI

›  Red Herring Prospectus

›  Download IPO Application Form

Company Contact Information

Registered Office :
    507, Eros Apartments
    56, Nehru Place, New Delhi, 110 019
   
Phone: 91 129 227 0202
Fax: 91 129 227 0201
Email:
Website: http://www.technofabengineering.com