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Tentiwal Wire Products to hit capital markets on December 11, 2013

10 Dec 2013 Evaluate

Tentiwal Wire Products is set to hit the capital markets, through BSE SME, with an initial public offering IPO of 1,630,000 equity shares of Rs 10 each aggregating upto Rs 2.12 crore. The issue opens for subscription on December 11, 2013 at a fixed price band of Rs 13 per share, while the public issue will close for subscription on December 16, 2013.

Tentiwal Wire Products Ltd is engaged in manufacturing Polyester & Polypropylene Insulated Winding Wire for Submersible Motor Pumps and has expanded their business in various other types of Winding Wires.

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