IPO Details

Indo Tech Transformers Ltd
Registered Office: SNo 153-210 Illuppapattu Villa, Near Rajakulam, Kancheepuram - 631561, Tamil Nadu
Phone:
Email: investor@indo-tech.com; investor@prolec-geindia.co
Website: www.indo-tech.com
Public issue of 3,945,130 Equity Shares of Rs. 10/- each for cash at a price of Rs. 130/- per Equity Share aggregating to Rs. 51.29 crores(the Issue') by Indo Tech Transformers Limited ("Company" or "Issuer") consisting of fresh issue of 2,956,750 equity shares and offer for sale of 397,480 shares of Rs 10/- each by Mr. P. S. Jagdish and 590,900 shares of Rs. 10/- each by Twenty First Century Management Services Limited ("Offerers"), The Fresh Issue and the Offer for Sale are jointly referred to herein as the "Issue". 50,000 Equity Shares will be reserved in the issue for subscription by eligible employees. The Net Issue to the Public is of 3,895,130 Equity Shares of Rs. 10/- each at a price of Rs. 130 per Equity Share aggregating Rs. 50.64 crores (the "Net Issue"). The Issue would constitute 37.15% of the fully diluted post issue paid up Equity Capital of the Company. The face value of the shares is Rs. 10 and the issue price is 13 times of the face value. Price Rs. 130/- Per equity share of Rs. 10/- each The face value of the shares is Rs. 10/- and the issue price is 13 times of the face value

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
10-Feb-2006	16-Feb-2006	₹ 130.00	₹ 0.00

Projects
To Meet Working Capital Requirements
Relocation & Modernization of Saidapet plant
Setting new Power Transf. plant with 2400MVA/annum
Setting Dry Type Transf. plant with 120 units p.a.
To meet Working Capital requirement

Promoted By
P S Jagdish
P E Subramaniam
P S Jagdish
P S Shekar

Listing At
NSE
NSE
BSE

Registrar to the Issue