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BS Transcomm Ltd IPO

BS TransComm is engaged in the business of providing a range of services to telecommunication infrastructure providers and power transmission companies including turnkey services. BS Transcomm plans to provide tower companies with solar and wind power solutions along with its existing fuel management solutions. In telecom infrastructure the company's main clients are Reliance Infra, GTL, Indus Towers, Quippo WTTL, Bharti Infratel and Vodafone Essar. Clients in the power business include Power Grid Corporation, Rajasthan Rajya Vidyut Prasaran Nigam & Transmission Corporation of Andhra Pradesh and Karnataka Electricity Board.

The company has laid down expansion plans to increase its current tower fabrication and galvanization capacity from 36,000 MTPA to 240,000 MTPA in two phases. In first phase, completed in March 2010, the company expanded the capacity by 84,000 MTPA, taking the current capacity to 1,20,000 MTPA. In phase II the company will increase tower manufacturing capacity from 120,000 MTPA to 240,000 MTPA.


Objects of the Issue:

The object of the issue are:

1. Part funding of phase I - expansion in Tower Mfg. (Majeedpally);
2. Funding of phase II - expansion in Tower Mfg. (Majeedpally);
3. Setting up of backward intg. structural mill-phase I (Majeedpally);
4. To part finance margin money for Working Capital;
5. To fund general corporate purposes.

Issue Detail:

»» Issue Open: Oct 06, 2010 - Oct 08, 2010
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: Equity Shares of Rs. 10
»» Issue Size: Rs. 200.00 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. - Rs. Per Equity Share
»» Market Lot:
»» Minimum Order Quantity:
»» Listing At: BSE, NSE

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