Investments Ideas and Research - Of Investor, By Investor, For Investor
Stocks, Mutual Funds, Bonds, Debentures, Fixed Deposit, Real Estate

October 4, 2007

Transformers and Rectifiers IPO Files for DRHP with SEBI

Transformers & Rectifiers India has filed papers with Securities and Exchange Board of India for its 29.95-lakh share initial public offering. The company plans to take the 100 per cent book building process.Net issue would constitute 22.01 per cent of the fully diluted post issue paid-up capital. The company manufactures transformers up to 220 kV class, having an installed capacity of 7,200 MVA transformers per annum.

Transformers & Rectifiers plans to raise over Rs. 96 crore via the public offering to set up green-field transformer manufacturing facility at Moraiya, near Ahmedabad and to part-finance incremental working capital requirements

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...
© Copyright 2009-12 Powered by Blogger.

© 2007-2012 Investor Souk: Our Research for your USE, All Rights Reserved.

Template by ScreenWritersArena