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Prospectus synopsis
 
Times Green Energy India Ltd
Registered Office: Flat No 602 Druva Thara Aparts , Medinova Complex Somajiguda , Hyderabad - 500082 , Telangana , India.
Phone:91-7702632033   Fax:
Email: info@timesgreenenergy.com   Website:www.timesgreenenergy.com
Public issue of upto 6,64,000 equity shares of RS. 10 each ("equity shares") of Times Green Energy (India) Limited ("TGEIL" or The "Company") for cash at a price of Rs. 61 per share (the "issue price"), aggregating to Rs. 4.05 crores ("the issue"), of which upto 40,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of upto 6,24,000 equity shares of Rs. 10 each is hereinafter referred to as the "net issue". The issue and the net issue will constitute 39.90% and 37.50%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 and The Issue price is 6.10 time of the face value.

Issue
Money Payable On
Opens On
Closes On
Application
Allotment
16-Jun-21 22-Jun-21 Rs 61.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000


 
Rs Cr
Lead Managers to the Issue
Project Cost 4.05
Aryaman Financial Services Ltd
Project Financed through Current Offer 4.05  
Post Issue Equity Share Capital 1.66  
Issue Price Rs.61.00  
 
Projects
Funding working capital requirement Funding purchase and set-up of Registered Office
Funding purchase of vehicle and ERP Package Funding setting up of Sanitary Napkin SBUs
General corporate purpose
Promoted By
Listing At
Registrar to the Issue
 
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