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Tirupati Forge Ltd IPO
NSE SMERs 1,16,000 / 4000 Shares
Tirupati Forge Ltd IPO Details
The Tirupati Forge Ltd IPO price band is set between Rs 29 Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 29 Sep, 2017 and closes on 4 Oct, 2017. Investors can check the allotment status on 9 Oct, 2017, while the listing date is tentatively scheduled for 12 Oct, 2017.
The total issue size is 18,00,000 Equity Shares of Rs 10 aggregating up to Rs 5.22 Cr, aggregating up to . Stay tuned for the latest Tirupati Forge Ltd IPO review and GMP updates.
Tirupati Forge Ltd IPO Review, Rating & Analysis
Tirupati Forge Ltd IPO Review
NO REVIEWTirupati Forge Ltd IPO Rating
Tirupati Forge Ltd IPO Highlights
IPO Date
Sep 29, 2017 - Oct 4, 2017
Listing Date
12 Oct, 2017
Face Value
Rs 10 Per Equity Share
Price Band
Rs 29 Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Tirupati Forge Ltd IPO Lot Size
The minimum market lot for Tirupati Forge Ltd IPO is 4000 shares with an application amount of ₹1,16,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹1,16,000 |
| Retail (Max) | 1 | 4000 | ₹1,16,000 |
| S-HNI (Min) | 2 | 8000 | ₹2,32,000 |
| S-HNI (Max) | 8 | 32000 | ₹9,28,000 |
| B-HNI (Min) | 9 | 36000 | ₹10,44,000 |
Tirupati Forge Ltd IPO Timeline
Issue Price
Rs 29 Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE SMERegistrar
Link Intime India Private LtdLead Manager
PANTOMATH CAPITAL ADVISORS PRIVATE LIMITEDIssue Size
18,00,000 Equity Shares of Rs 10 aggregating up to Rs 5.22 CrPromoters & Share Holding
Promoter(s) Name
- Hitesh Thummar
- Ajay Sardhara
- Bhargavi Thummar
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Tirupati Forge Ltd IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 8,54,000 | 8,54,000 | 17,08,000 |
Day 1 -29-09-17 | 1.29 x | 0.33 x | 0.81 x |
Day 2 -03-10-17 | 1.45 x | 1.43 x | 1.44 x |
Day 3 -04-10-17 | 3.56 x | 10.32 x | 6.94 x |
Day 4 -05-10-17 | N/A x | N/A x | N/A x |
Frequently Asked Questions about Tirupati Forge Ltd IPO IPO
When will Tirupati Forge Ltd IPO open for subscription?
The Tirupati Forge Ltd IPO opens on 29 Sep, 2017 and closes on 4 Oct, 2017.
What is the investors portion for Tirupati Forge Ltd IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 854000.
How to apply for Tirupati Forge Ltd IPO?
You can apply for Tirupati Forge Ltd IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Tirupati Forge Ltd IPO?
The issue size of Tirupati Forge Ltd IPO is approx ₹18,00,000 Equity Shares of Rs 10 aggregating up to Rs 5.22 Cr crores.
What is the price band of Tirupati Forge Ltd IPO?
The price band for Tirupati Forge Ltd IPO is Rs 29 Per Equity Share to ₹undefined.
What is the lot size of Tirupati Forge Ltd IPO?
The minimum bid (lot size) for Tirupati Forge Ltd IPO is 4000 shares with an investment of approx Rs 1,16,000 .
What is the allotment date of Tirupati Forge Ltd IPO?
The allotment date for Tirupati Forge Ltd IPO is 9 Oct, 2017.
What is the listing date of Tirupati Forge Ltd IPO?
The listing date for Tirupati Forge Ltd IPO is expected to be 12 Oct, 2017.
What is the GMP of Tirupati Forge Ltd IPO?
The latest Grey Market Premium (GMP) for Tirupati Forge Ltd IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.