IPO IPO-Synopsis
TNA Solutions Ltd

Back

Registered Office: Survey No.403/5 Sonvay,Tehsil Mhow Rao , Indore - 453331 , Madhya Pradesh , India.
Phone : 07317150314   Fax:
Email :  info@tnasolutions.co.in  
Website :  https://tnasolutions.co.in/
Initial public offer of 54,08,000 equity shares of face value of Rs10 each (the "Equity Shares") of TNA Solutions Limited ("The Company" or "The Issuer") for cash at a price of Rs70 per equity share (Including a Securities Premium of Rs60 per equity Share) ("Issue Price"), aggregating to Rs37.86 Crores (the "Issue") of which 2,72,000 equity shares of face value of Rs10 each aggregating to Rs1.90 Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Issue of 51,36,000 equity shares of face value of Rs10 each at an issue price of Rs70 per equity share aggregating Rs35.95 Crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.50% and 25.17% respectively of the post issue paid up equity share capital of the company. Price Band: Rs70/- per equity share of face value Rs10/- each. The floor price is 7.00 times of the face value of the equity shares. Bids can be made for a minimum of 4,000 equity shares and in multiples of 2,000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Sep-26 06-Oct-26 Rs70.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :2000

  Rs Cr Lead Managers to the Issue
Project Cost 32.39
Credora Partners Pvt Ltd
Project Financed through Current Offer 37.86  
Post Issue Equity Share Capital 20.41  
Issue Price Rs70.00  
Projects
Funding of capital expenditure requirement towards civil construction of the new manufacturing unit and purchase of plant and machineryGeneral Corporate Purposes
Funding of Working Capital Requirements
Promoted By
Ambuj Jain
Ayush Jain
Tanu Jain
Listing At
BSE - SME 
Registrar to the Issue
Maashitla Securities Pvt Ltd