Talbros Automotive Components Ltd - IPO

Talbros Automotive Components Ltd IPO Details

Public Issue of 49,01,963 equity shares of face value of Rs 10 each at a price of Rs.102/- for cash at a premium, aggregating Rs. 50 crore (the issue). The issue comprises of promoters contribution of 2,45,099 equity shares aggregating Rs.2.5 crores (promoters contribution) and the net offer to the public of 46,56,864 equity shares through 100% Book Building process aggregating Rs.47.50 crores (net issue). The issue would constitute 46.02 % of the post issue paid-up capital of the Company.

Objective of issue

Setting up of a forging unit.. Investment in joint venture with Nippon Leakles Cp. Expansion of current gasket mfg facility..

Talbros Automotive Components Ltd Contact Details

Talbros Automotive Components Ltd, 46,Avenue 4, Street No 1, Banjara Hills, Hyderabad - 500034

Phone - 91-040-23431546/49

Fax - 91-40-23431551

Email - memberservices@talbros.com, shares@talbros.com

Website - www.talbros.com