| Titagarh Wagons Ltd |
COMPANY BACKGROUND
Titagarh Wagons Ltd is incorporated in 1997-98. company is one of the leading
private sector wagon manufacturers in India.Titagarh is primarily engaged in the
business of manufacturing Railway Wagons, Bailey Bridges, Heavy Earth Moving and
Mining Equipment, Steel and SG iron castings of moderate to complex configuration
etc.
As an “Industry Partner” to the Defence Research and Development Establishment,
Ministry of Defence (“DRDO”),company also manufacture other products for the
Indian defence establishment, such as special wagons, shelters and other engineer-
ing equipment.
Company believe that it is the only private sector company registered with the
Ministry of Defence, Government of India to manufacture Bailey bridges and other
related accessories in India.
Titagarh had approx 17.9% market share in wagon manufacturing segment in fiscal
2006 which has further increased to approx 22.7% during the period april 2006 to
september 2006.
Company have 7452.3 million order in hand for its various segments on nov 2006.
COMPANY BUSINESS
1 Wagon manufacturing
2 Rail coach
3 Mining equipment manufacturing
4 Manufacture and supply of bridge
OBJECT OF THE ISSUE
1 Achieve the benefits of listing gain on the Nse and Bse
2 Set up an EMU manufacturing facility at Uttrapara unit
3 Modernise and expand the steel foundary at Uttrapara unit
4 Modernise and expand our existing facilities at Uttrapara and Titagarh
unit.
5 Set up an axel machining and wheelset assembly facility at Uttrapara unit.
6 Construct a corporate office and design cum research and development office
7 Strategic aquisition.
8 Brand building exercise.
9 General corporate purpose.
ISSUE DETAIL
Issue Open 24 mar 2008
Issue Close 27 mar 2008
Issue Type Book building
Issue Size 23,83,768 share of 10 each
Issue Price Rs 540 to Rs 610 per equity share
Issue Lot 10 share
Maximum Share for
for single retailer 160 share at Rs. 610
Amount For Retailer
for 160 shares Rs 97,600 at Rs. 610
Cheque in favour of Escrow account TWL public issue-R
Listing BSE and NSE
Lead Manager Kotak mahindra capital company Ltd
Registrar To The Issue Karvy computershare pvt Ltd
Registrar ph
E Mail
CORPORATE OFFICE
| . Registered Office |
 |
.Premlata-4th Floor,
.39, Shakespeare Sarani,
.Kolkata-700 017,
.West Bengal, India |
 |
.Phone : 0091-33-2283 4467
.Fax : 0091-33-2289 1655
Email: investors@titagarh.biz
Website:www.titagarh.biz |
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| BIDDING STATUS |
DATE |
QIB |
NII |
RETAILER |
Employee |
TOTAL |
| Reserve |
1421261 |
236877 |
710630 |
15000 |
2383768 |
| 24 mar 2008 |
0.00 |
0.00 |
0.0068 |
0.00 |
0.0020 |
| 25 mar 2008 |
0.3460 |
0.00 |
0.0288 |
0.00 |
0.21 |
| 26 mar 2008 |
1.59 |
0.17 |
0.0722 |
0.00 |
0.98 |
| 27 mar 2008 |
10.36 |
2.76 |
0.97 |
0.07 |
6.74 |
|