IPO Issue Details
Issue Price / Price Band₹430 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size300 Shares per Lot
Total Issue Size4,72,800 shares (aggregating up to ₹19.01 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenTue, 04 Sep 2012
Subscription CloseThu, 06 Sep 2012
Anchor AllotmentMon, 03 Sep 2012
Basis of AllotmentWed, 12 Sep 2012
Initiation of RefundsThu, 13 Sep 2012
Credit of Shares to DematThu, 13 Sep 2012
Listing DateTue, 18 Sep 2012
UPI Mandate Deadline2012-09-06
Application & Investment Details
Retail — Min (1 Lots)₹1,20,600 — 300 shares
Retail — Max (13 Lots)₹1,677,000 (13 Lots)
HNI — Min (2 Lots)₹2,41,200 — 600 shares
Net Offer to Public4,60,500 shares (aggregating up to ₹18.51 Cr)
Reserved for Market Maker12,300 shares (aggregating up to ₹0.5289 Cr)
Pre-IPO Promoter Holding12,43,976 shares
Post-IPO Promoter Holding17,16,776 shares
About Thejo Engineering Ltd.
Thejo Engineering Ltd is an Engineering Solutions provider for Bulk Material Handling, Mineral Processing and Corrosion Protection to the Core Sector Industries like mining, power, steel, cement, ports, fertilizers etc. Company's services include belt conveyor maintenance and operations.Company's corporate office and manufacturing units are located in Chennai and they have a wide network of branch and site offices across 14 states. Thejo's international presence through partnerships and distribution network extends across Australia, kingdom of Saudi Arabia, the USA, Germany, Chile, Brazil and Ghana.
Objects of the Issue
Thejo Engineering Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Setting up a poly-urethane unit at Chennai
0.68
2
2 Expansion of existing facility (Unit I) at Chenna
6.87
3
3 Setting up R&D Unit at Chennai
2.83
4
4 Setting up a Lining Plant at Chennai
1.69
5
5 Investment in our Australian Subsidiary, Thejo Australia Pty Limited.
6.42
6
6 General corporate purposes
0.71
Shareholding & Lock-in
Pre-IPO Promoter Holding
12,43,976 shares
Post-IPO Promoter Holding
17,16,776 shares