IPO Issue Details
Issue Price / Price Band₹27 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size27,00,000 shares (aggregating up to ₹7.29 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 30 Jun 2017
Subscription CloseTue, 04 Jul 2017
Anchor AllotmentThu, 29 Jun 2017
Basis of AllotmentMon, 10 Jul 2017
Initiation of RefundsTue, 11 Jul 2017
Credit of Shares to DematTue, 11 Jul 2017
Listing DateWed, 12 Jul 2017
UPI Mandate Deadline2017-07-04
Application & Investment Details
Retail — Min (1 Lots)₹1,08,000 — 4,000 shares
Retail — Max (13 Lots)₹1,404,000 (13 Lots)
HNI — Min (2 Lots)₹2,16,000 — 8,000 shares
Net Offer to Public25,60,000 shares (aggregating up to ₹6.91 Cr)
Reserved for Market Maker1,40,000 shares (aggregating up to ₹0.3780 Cr)
Pre-IPO Promoter Holding39,89,000 shares
Post-IPO Promoter Holding66,89,000 shares
About Transwind Infrastructures Ltd
Incorporated in 1997, Transwind Infrastructures Ltd (TIL) is engaged in executing the Government's & Public sector undertaking Projects for various works such as infrastructure development projects in the growing sectors of Railways signaling and telecommunication (S&T), Quad cable & Optical Fiber Cable (OFC) projects with its annual maintenance, Establishing the Gas Pipeline Network for the Gas Distributors.The company has specialization in Railway infrastructure development in the field of signaling and telecommunication for the past 20 years. Initially, TIL worked for the project of Bharat Sanchar Nigam Limited (BSNL) cable network at different Secondary Switching Area (SSA). Subsequently it expanded the work to many SSA thereafter for the last 10 years. The company is also caring out Annual Maintenance Contract (AMC) of quod cable along with repeaters in the section Rajkot, Viramgam, Dhrangadhra, Bhatia- Okha, Rajkot –Bhatia for almost 10 years.mIt has served and continuing to serve to various government and public sector undertakings projects of S&T to Indian Railways (Western Railway, North Western Railway, West Central Railway).Apart from above TIL has done and continuing to provide Domestic Gas connection pipeline projects for various clients like Mahanagar Gas Limited Mumbai, Green Gas Limited Lucknow, Green Gas Limited Agra, Indraprastha Gas Limited, New Delhi and Bhagyanagar Gas Limited Hyderabad.
Objects of the Issue
Transwind Infrastructures Ltd proposes to utilise the net proceeds from the Issue for the following objects:
2
Working Capital Requirement
2.89
3
General Corporate Purpose
1.50
4
Public Issue Expenses
0.36
Shareholding & Lock-in
Pre-IPO Promoter Holding
39,89,000 shares
Post-IPO Promoter Holding
66,89,000 shares