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January 26, 2008

Tulsi Extrusions Limited IPO

Tulsi Extrusions Limited IPO

Period 

01-Feb to 05-Feb 2008

Size (Equity Shares)

5,700,000

Type 

100% Book Building

Face Value 

Rs. 10- 

Price Range 

Rs 80 to Rs 85

Market Lot 

Shares

Max shares Retails investor can apply at cut off

shares (Rs.)

Registrar 

Intime Spectrum Registry Ltd

Registrar's email 

tulsiipo@intimespectrum.com

Lead Manager 

Almondz Global Securities Limited

Listing 

BSE, NSE

Grading 

 

About the company 

Established: 1994. Business: Manufacturer of various types of PVC pipes and fabricated fittings. Manufacture electrometric sealing pipes. Brand name "Tulsi". ISO 9001:2000 certificate in respect of quality management systems since 2002. Marketing presence in the states of Maharashtra, Madhya Pradesh, Chattisgarh, West Bengal and Rajasthan.

The PVC pipe products used in in agriculture, potable water supply schemes, sewerage and drainage systems, construction industry, telecom industry, bore well for underground water suction, etc., ranging from 20 mm diameter to 315 mm diameters in all pressure ratings.

Locations: MIDC, Jalgaon, Maharashtra. The total installed capacity as on March 31, 2007 is 10,483 metric tonnes for PVC pipes & fabricated fittings.

Objects of the Issue

Expansion of manufacturing facilities at Jalgaon, Maharashtra;

Meeting long term working capital requirements;

Purchase of branch offices;

Provision for Contingencies;

To meet the expenses of the Issue;

For General Corporate Purpose;

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