Breaking News

You are here » Indian-Commodity  :  IPO  :  Transwind Infrastructures to hit capital markets to raise upto Rs 7.29 crore

30-Jun2017

Transwind Infrastructures to hit capital markets to raise upto Rs 7.29 crore

Transwind Infrastructures is coming out with an initial public offering (IPO) of 27,00,000 equity shares of face value of Rs 10 each for cash at a fixed price of Rs 27 per equity share. The issue opens on June 30, 2017 and will close on July 04, 2017. The shares will be listed on NSE Emerge Platform.

The company will use the issue proceeds for meeting working capital requirement, capital expenditure, general corporate purpose and meeting public issue expenses.

The book running lead managers to the issue is Swastika Investmart, while the compliance officer for the issue is Jaydev Shukla.

Transwind Infrastructures is engaged in executing the Government's & Public sector undertaking Projects for various works such as infrastructure development projects in the growing sectors of Railways signaling and telecommunication, Quad cable & Optical Fiber Cable projects with its annual maintenance, Establishing the Gas Pipeline Network for the Gas Distributors.


Related News

View all news

Spandana Sphoorty gets SEBI's nod for IPO

Spandana Sphoorty Financial has received markets regulator Securities and Exchange Board of India's (SEBI) approval to raise funds through an initial public offering (IPO). The IPO consists of fresh issue......

Bharat Hotels gets SEBI's approval for IPO

Bharat Hotels has received markets regulator Securities and Exchange Board of India's (SEBI) approval to raise funds through an initial public offering (IPO). The IPO comprises sale of fresh equity shares......

Chartered Speed files DRHP with SEBI for public issue

Fleet bus operators Chartered Speed has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise an estimated Rs 273 crore through an Initial......

Top News

View all news

Quess Corp, Ashoka Buildcon and ICICI Bank to see some action today

Quess Corp's subsidiary Conneqt Business Solutions has signed definitive agreements to acquire a majority stake in Allsec Technologies. The transaction involves Conneqt purchasing 35.35% from the promoters,......

Quess Corp's arm to acquire majority stake in Allsec Technologies

Quess Corp's subsidiary -- Conneqt Business Solutions has signed definitive agreements to acquire a majority stake in Allsec Technologies. The transaction involves Conneqt purchasing 35.35% from the promoters,......

Ashoka Buildcon's JV receives LoA from Rail Vikas Nigam

Ashoka Buildcon's Joint Venture (JV) -- ABL-STS JV, wherein the Company is lead member, has received a Letter of Award (LoA) from Rail Vikas Nigam (RVNL). The accepted Bid Value of the Project is Rs 443.23......