Incorporated in 1990, Tecpro Systems Ltd is an established material handling company in India, engaged in providing turnkey solutions in material handling, ash handling, balance of plant ("BoP") and engineering, procurementand construction ("EPC") contracts.
Tecpro Systems Limited undertakes turnkey projects in Bulk Solids Handling Systems including belt conveyors, slat conveyors, bucket elevators etc., manufacture equipment viz., stackers, reclaimers, various types of crushers, vibrating screens, feeder and conveyor components like Idlers and pulleys and undertakes civil and structural work along with electrical, control and instrumentation systems for the project.
Company Promoters:
The Promoters of the Company are:1. Mr. Ajay Kumar Bishnoi, aged 52 years, is Chairman and Managing Director of the company.
2. Mr. Amul Gabrani, aged 50 years, is Vice-Chairman and Managing Director of the company.
Objects of the Issue:
The objects of the Issue are to:1. fund working capital requirements; and
2. fund expenditure for general corporate purposes.
Issue Detail:
»» Issue Open: Sep 23, 2010 - Sep 28, 2010
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 7,550,000 Equity Shares of Rs. 10
»» Issue Size: Rs. 268.03 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 340 - Rs. 355 Per Equity Share
»» Market Lot: 15 Shares
»» Minimum Order Quantity: 15 Shares
»» Listing At: BSE, NSE
Tecpro Systems Ltd IPO Grading / Rating
CRISIL has assigned an IPO Grade 4 to Tecpro Systems Ltd IPO. This grade indicates that the fundamentals of the IPO are 'Above Average' relative to other listed equity securities in India. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CRISIL IPO Grading Document for Tecpro Systems Ltd.
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