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Talwalkars Better value Fitness Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

₹ 77.44

Price Range (₹)

₹ 128

Lot Size

50

Min Investment (₹)

₹ 6,400.00

Listing Exchange

MumbaiNSE

Open Date

21-Apr-2010

Close Date

23-Apr-2010

Listing Date

10-May-2010

Talwalkars Better value Fitness Ltd News

Talwalkars Better value Fitness Ltd IPO Details

Public Issue of 6,050,000 equity shares of Rs. 10 eqch of Talwalkars Better Value Fitness Limited (TBVFL or The Company or The Issuer) for cash at a price of Rs. 128 per equity share (Including a share premium of Rs. 118 per equity share) for cash aggregating to Rs. 77.44 crores (The Issue). The Issue will constitute 25.09% of the fully diluted post issue paid-up capital of the company.Issue Price is Rs. 128/- per equity share of face value Rs. 10/- eachThe Issue price is 12.8 times of the face value.

Objective of issue

Setting up of additional health clubs. Repayment of unsecured loans.

Talwalkars Better value Fitness Ltd Contact Details

Talwalkars Better value Fitness Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - ig@talwalkars.net

Website - www.talwalkars.net