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IPOs in Focus: Presenting Essential Statistics for TPI INDIA LTD

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Welcome to our analysis of TPI INDIA LTD’s public offering. This post provides an overview of the company’s Initial Public Offering (IPO), which runs from 23 Apr 2024 to 24 Apr 2024. TPI INDIA LTD, offers shares priced between each, with a face value of ₹1.00 per share.

Security Name TPI INDIA LTD
 
Start Date 23-04-2024
 
End Date 24-04-2024
 
Offer Price ()
 
Face Value 1.00
 
Type Of Issue OFS
 
Issue Status Live
 
Security Type OFS
 
Symbol TPINIDIA
 
Issue Period 23 Apr 2024 to 24 Apr 2024
 
StartTime 09:15
 
EndTime 17:00
 
Offer Size – No. Of Shares 79,51,112
 
Offer Size For Retail Investors 7,95,112
 
Offer Size For Non Retail Investors 71,56,000
 
Floor Price 18.00
 
Lot Size 1
 
Tick Price 0.01
 
ISIN No INE578C01021
 
Minimum Bid Quantity 1
 
Maximum Bid Quantity 79,51,112
 
Allocation Methodology Price Priority
 
CUMULATIVE BID QUANTITY T day ( AS ON Apr 23 2024 3:30PM )

Total Cummulative Bidded QtySubscription% of Total

Total76,45,975106.85%

100% Margin76,45,975106.85%

0% Margin0.00%

Non Retail PortionSubscription% of Total

Total76,45,975106.85%

100% Margin76,45,975106.85%

0% Margin0.00%

Retail PortionSubscription% of Total

 
Indicative Price (Rs.) 18.20
 
Clearing Price (Rs.) 18.00
 
LTP 21.48
 
Selling Member Motilal Oswal Financial Services Ltd
 
Seller Promoter Mr. Bharat Chimanlal Parekh
 
Exchange Notices 1) Opening of Offer for Sale for TPI India Limited2) Opening of Offer for Sale for TPI INDIA LTD – Live Activities Schedule
 

The IPO, employing a book-building process, targets both non-institutional and qualified institutional investors. Bid quantities are capped at shares for non-institutional investors and shares for qualified institutional investors.

Exchange notices detail allocation to anchor investors, and acts as the registrar. are the sponsor banks.

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