Business Standard

Transwarranty Finance Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

31.20 cr

Price Range (₹)

52

Lot Size

120

Min Investment (₹)

6,240.00

Listing Exchange

MumbaiNSE

Open Date

23-Jan-2007

Close Date

02-Feb-2007

Listing Date

26-Feb-2007

Latest IPO News

    The Shares of Transwarranty Finance Ltd have now been listed.

    Transwarranty Finance Ltd IPO Details

    Public issue of 60,00,000 equity shares of face value Rs. 10/- each of Transwarranty Finance Limited (hereinafter referred to as the company or issuer) at a price of Rs.52/- for cash at a premium of Rs.42/- aggregating Rs.31.20 Crores (hereafter referred to as 'the issue) comprising a reservation of 100,000 equity shares of face value Rs. 10/- each for eligible employees on a competitive basis at a price of Rs.52/- for cash at a premium of Rs.42/- aggregating Rs.0.52 Crores and net issue to public of 59,00,000 equity shares of face value Rs. 10/- each (hereinafter referred to as the net offer to the public). The issue would constitute 42.86% of the post issue paid up capital of the company. Issue Price is Rs.52/- per equity share of face value of Rs.10/- each.Issue price is 5.2 times of the face value

    Objective of issue

    Exp. of Office Premises for increasing Operations. Strategic Investments/acquisitions of companies. Geographic exp.of opening Reg.Offices&Overseas Br.. Investment in Subsidiaries.

    Transwarranty Finance Ltd Contact Details

    Transwarranty Finance Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - companysecretary@transwarranty.com

    Website - www.transwarranty.com