- Achieve the benefits of listing on the Stock Exchanges.
- Part finance the setting up of the proposed greenfield manufacturing facility at Moraiya, near Ahmedabad, Gujarat, for manufacturing transformers and to part-finance incremental working capital requirements.
Transformers and Rectifiers (India) Limited (Established in 1981) one of the major players in the Indian market manufacturing a wide range of transformers ranging from power generation, transmission and distribution transformers, industrial and specialty transformers. The Company manufactures a wide range of transformers while focusing on quality, timely delivery and customization. It has developed its products based on its in-house design and engineering capabilities. It is perhaps one of the few players to have developed this wide range without any third party technical collaboration or assistance. Its core competencies is its in-house technical and design expertise, skilled workforce and well equipped manufacturing facilities which enables it to manufacture a wide range of transformers, to meet diverse client requirements.It has catered to a wide spectrum of transformer users in various industries such as petrochemicals, oil refining,cement, paper and pulp, pharmaceuticals, automobiles, steel, alloy plant, power plant, railway applications,mining, minerals, among others. Its customer base is also well-diversified both geographically and by end-user markets. Its key customers include utilities and power transmission companies. It has exported transformers to countries such as the England, Canada, United Arab Emirates, South Africa, Saudi Arabia and Indonesia. Transformers and Rectifiers supply to a wide range of customers which include both, utilities and other industries.
The Issue has been graded by Credit Analysis & research Limited 'CARE Limited' and has been assigned the 'CARE IPO Grade 4' indicating above average fundamentals.
Objects of the issue :- Open - 07 Dec
- Close - 12 Dec
- Issue Type -100% Book Built Issue,Initial Public Offer IPO
- Issue Size - 29,95,000 Equity Shares of Rs. 10/-
- Issue Price - Rs. 425/- to Rs. 465/- Per Equity Share
- Maximum Subscription Amount for Retail Investor: Rs 100,000/-
- Listing - BSE/NSE
- Lead Manager- Enam Securities Private Limited
- Registrar - Intime Spectrum Registry Limited
- Phone - 022 25960320
- E-mail - tr.ipo@intimespectrum.com
- Application Multiple - --------
- Cheque In Favour Of - --------
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