TD Power Systems Ltd - IPO

TD Power Systems Ltd IPO Details

Public issue of 8,867,187 equity shares with a face value of Rs. 10 each of TD Power Systems Limited (The Company or The Issuer) for cash at a price of Rs. 256 per equity share (including a share premium of Rs. 246 per equity share) aggregating to Rs. 227.00 crore (The Issue). The issue will constitute 26.68% of the fully diluted post issue paid-up capital of the company.Issue price: Rs. 256/- per equity share of face value of Rs. 10/- each.The issue price is 25.6 times the face value.

Objective of issue

Finance the expansion of the manufacturing Plant. Construct a project office in Bangalore city. Fund working capital requirement of the company. Fund the general corporate purposes. Repay debt.

TD Power Systems Ltd Contact Details

TD Power Systems Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - srivatsa.n@tdps.co.in, investor.relations@tdps.co.

Website - www.tdps.co.in