Trident Texofab Ltd - IPO

Trident Texofab Ltd IPO Details

Public issue of 11,76,000 equity shares of a face value of Rs. 10/- each (the equity shares) of Trident Texofab Limited(The Company or TTL or the issuer) for cash at a price of Rs. 30/- per equity share (including a share premium of Rs. 20.00 Per equity share) (issueprice) aggregating to Rs. 3.53 Crores (the issue) of which 64,000 equity shares aggregatingto Rs. 0.19 Crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 11,12,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 30.00 per equity share aggregating to Rs. 3.34 Crores is hereinafter referred to as the net issue. The issueand the net issue will constitute 29.43% and 27.83%, respectively of the post issue paid up equity share capital of the CompanyThe face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 30.00 is 3.0 times of the face value.

Objective of issue

Funding working capital requirements of the company. General Corporate expenses.

Trident Texofab Ltd Contact Details

Trident Texofab Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - info@tridenttexofab.com

Website - www.tridenttexofab.com