Ipo Synopsis

P.No.1658 Phase-I Sector 38-,Industrial Estate Rai Dt PSRai,

Sonipat - 131029,

Haryana, India.

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Initial public offer of upto 68,03,200 equity shares of face value of (Rs) 10/- each (the "Equity Shares") of TIPCO Engineering India Limited ("The Company" or "TIPCO" or "The Issuer") at an offer price of (Rs) 89 per equity share for cash, aggregating to (Rs) (Rs)60.55 Crore comprising of fresh offer of 54,48,000 equity shares aggregating to (Rs) 48.49 Crore ("Fresh Issue") and an offer for sale of 13,55,200 equity shares by Ritesh Sharma ("Selling Shareholder") aggregating to (Rs) 12.06 Crore ("Offer For Sale") ("Public Offer"). The offer includes a reservation of 10,20,800 equity shares of face value of (Rs) 10/- each, at an offer price of (Rs) 89 per equity share for cash, aggregating (Rs)9.09 Crore will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Net offer of 57,82,400 equity shares of face value of (Rs) 10/- each, at an offer price of (Rs) 89 per equity share for cash, aggregating to (Rs)51.46 Crore is herein after referred to as the "Net Offer". The public offer and net offer constituted 32.76% and 27.84% respectively of the post-offer paid-up equity share capital of the company. Price Band: (Rs) 89/- per equity share of face value of (Rs) 10.00 each. The floor price is 8.9 times of the face value of the equity shares. Bids can be made for a minimum of 1,600 equity shares and in multiples of 1,600 equity shares thereafter.

Minimum Application for shares in Nos : 3200   Further Multiples of : 1600