Incorporated in 1997, Titagarh Wagons Limited is one of the leading private sector wagon manufacturers in India. It is in the business of manufacturing railway wagons, Bailey bridges, Heavy Earth Moving and Mining equipment, steel and SG iron castings of moderate to complex configuration etc.
They also manufacture other products for the Indian defence establishment, such as special purpose wagons, shelters and other engineering equipments. They had approximately 16.9% market share in the wagon manufacturing segment in Fiscal 2006, which has further increased to approximately 22.1% in Fiscal 2007.
Titagarh Wagons Limited are the only private sector company registered with the Ministry of Defence, Government of India to manufacture Bailey bridges and other related accessories in India. Titagarh Wagons Limited aspires to be a leader as a manufacturer of heavy engineering equipment and a world-class service provider for the infrastructure sector. They operate two manufacturing facilities located at Titagarh and Uttarpara, in West Bengal.
Objects of the Issue:
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
Set up an EMU manufacturing facility at our Uttarpara unit;
Modernise and expand our existing facilities at our Titagarh and Uttarpara units;
Set up an axle machining and wheelset assembly facility at our Uttarpara unit;
Construct a corporate office and a design cum research and development office;
Strategic acquisition or investments;
Brand building exercise;
General corporate purposes.
Titagarh Wagons Limited IPO Information
»» Public Issue Open: March 24, 2008 to March 27, 2008 »» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO) »» Public Issue Size: 4,063,158 Equity Shares of Rs. 10/- »» Face Value: Rs. 10/- »» Public Issue Price: Rs 540/- to Rs 610/- »» Market Lot: 20 Shares »»
Minimum Order Quantity: 20 Shares »» -->Maximum Subscription Amount for Retail Investor: Rs 100,000/- »» Listing: BSE, NSE »» Lead Manager: Kotak Mahindra Capital Company Ltd »» Registrar: Karvy Computershare Pvt Ltd
They also manufacture other products for the Indian defence establishment, such as special purpose wagons, shelters and other engineering equipments. They had approximately 16.9% market share in the wagon manufacturing segment in Fiscal 2006, which has further increased to approximately 22.1% in Fiscal 2007.
Titagarh Wagons Limited are the only private sector company registered with the Ministry of Defence, Government of India to manufacture Bailey bridges and other related accessories in India. Titagarh Wagons Limited aspires to be a leader as a manufacturer of heavy engineering equipment and a world-class service provider for the infrastructure sector. They operate two manufacturing facilities located at Titagarh and Uttarpara, in West Bengal.
Objects of the Issue:
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
Set up an EMU manufacturing facility at our Uttarpara unit;
Modernise and expand our existing facilities at our Titagarh and Uttarpara units;
Set up an axle machining and wheelset assembly facility at our Uttarpara unit;
Construct a corporate office and a design cum research and development office;
Strategic acquisition or investments;
Brand building exercise;
General corporate purposes.
Titagarh Wagons Limited IPO Information
»» Public Issue Open: March 24, 2008 to March 27, 2008 »» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO) »» Public Issue Size: 4,063,158 Equity Shares of Rs. 10/- »» Face Value: Rs. 10/- »» Public Issue Price: Rs 540/- to Rs 610/- »» Market Lot: 20 Shares »»
Minimum Order Quantity: 20 Shares »» -->Maximum Subscription Amount for Retail Investor: Rs 100,000/- »» Listing: BSE, NSE »» Lead Manager: Kotak Mahindra Capital Company Ltd »» Registrar: Karvy Computershare Pvt Ltd
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