Tanla Platforms Ltd - IPO

Tanla Platforms Ltd IPO Details

Public issue of 1,58,85,000 equity shares of Rs.2 each (Equity Shares) for cash at a price of Rs.265/- per equity Share aggregating Rs.420.95 Crores by Tanla Solutions Limited (TSL or The Company or The Issuer). The Issuecomprises Promoters' contribution of 1588500 equity shares aggregating Rs.42.09 Crores (Promoters contribution) and The net offer to the public of 14296500 equity shares aggregating Rs.378.86 Crores(Net Issue). The issue will constitute 28.59% of the fully diluted capital of the company after the issue.Issue Price is Rs.265 per equity share of Rs. 2 each.The Issue price is 132.5 times of the face value

Objective of issue

Setting up two Infra. Facilities for Dev. Centre. Setting up Infra.Facil.for Backup/Dis.Recov Centre. Establishing Overseas Marketing Offices. Expansion & Upgradation of R & D Facilities. Acquisition of Companies. Meet Working Capital Requirements. Contingencies.

Tanla Platforms Ltd Contact Details

Tanla Platforms Ltd, Karvy House 46, Road No 4 Street No1, Banjara Hills, Hyderabad - 500034

Phone - 91-40-23312454/23320251

Fax - 91-040-23311968

Email - investorhelp@tanla.com

Website - www.tanla.com