|
Issue Quantiy |
8,00,000 Units |
|
Total Amount |
8,00,000 |
|
Rate |
100 |
|
Date |
2078/05/09 To 2078/05/13 |
|
Sector |
Hydropower |
|
Issue Manager |
NIBL ACE CAPITAL |
Follow : NPL SHARE MARKET
Meanwhile the total number of IPO units is 8 lakh unit shares where 16000 unit shares are allotted to the employees. 40000 unit shares are allotted to the mutual fund. General public is applying for 744000 unit shares
ABOUT COMPANY:
Teratham Power Company Limited (TPCL) was established in 2009 AD. TPCL was converted into a Public Limited Company on 21 June 2018. Meanwhile, the promoter holds 100% of the shares. Post IPO allotment the shareholding ratio of this company will be 70:30, Promoter:General Public. The current paid-up capital of this company is 28 crores which will reach 40 crores after the IPO allotment.
HOW TO APPLY IPO ?
Common people can apply for IPO from all branches of ASBA member banks and financial institutions. MeroShare user can apply for IPO online.
SUMMARY
At present the price of hydro power on the secondary market is increasing day by day. So that the quantum of application is more than the shares issued for this IPO. We suggest you to implement 10 units. If you get the IPO shares through lottery then the value share will be higher than the par value of the shares. This is completely our view so that the decision while investing is yours.