IPO Issue Details
Issue Price / Price Band₹355 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size15 Shares per Lot
Total Issue Size75,50,000 shares (aggregating up to ₹267.91 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenThu, 23 Sep 2010
Subscription CloseTue, 28 Sep 2010
Anchor AllotmentWed, 22 Sep 2010
Basis of AllotmentMon, 04 Oct 2010
Initiation of RefundsTue, 05 Oct 2010
Credit of Shares to DematTue, 05 Oct 2010
Listing DateTue, 12 Oct 2010
UPI Mandate Deadline2010-09-28
Application & Investment Details
Retail — Min (1 Lots)₹5,325 — 15 shares
Retail — Max (13 Lots)₹69,225 (13 Lots)
HNI — Min (38 Lots)₹2,02,350 — 570 shares
Pre-IPO Promoter Holding4,42,23,791 shares
Post-IPO Promoter Holding5,04,73,791 shares
Fresh Issue Shares62,50,000 shares (aggregating up to ₹221.78 Cr)
Offer for Sale Shares13,00,000 shares of ₹10 (aggregating up to ₹46.13 Cr)
About Tecpro Systems Ltd.
Incorporated in 1990, Tecpro Systems Ltd is an established material handling company in India, engaged in providing turnkey solutions in material handling, ash handling, balance of plant ("BoP") and engineering, procurementand construction ("EPC") contracts.Tecpro Systems Limited undertakes turnkey projects in Bulk Solids Handling Systems including belt conveyors, slat conveyors, bucket elevators etc., manufacture equipment viz., stackers, reclaimers, various types of crushers, vibrating screens, feeder and conveyor components like Idlers and pulleys and undertakes civil and structural work along with electrical, control and instrumentation systems for the project.
Objects of the Issue
Tecpro Systems Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Fund working capital requirements; and
200.00
2
2 Fund expenditure for general corporate purposes
5.47
Shareholding & Lock-in
Pre-IPO Promoter Holding
4,42,23,791 shares
Post-IPO Promoter Holding
5,04,73,791 shares