Tecpro Systems Limited IPO: Tecpro Systems Ltd files draft with SEBI

Tecpro Systems Limited is a leading service provider that offers total material handling solutions from concept to commissioning which involves design, engineering, manufacture, supply, erection and commissioning of material handling systems, associated structural and civil work, electrical and instrumentation work and auxiliaries like dust control, suppression systems, ventilation systems.

Tecpro Systems Limited have announced that they have filed thier Red herring Draft Prospectus with SEBI on August 28th 2007 and are waiting for SEBI Approval. Tecpro Systems IPO will offer 73,00,000 shares of Rs 10 each for cash through a book building issue,the issue will constitute 22.33 per cent of the fully diluted post issue paid-up capital.

The book running lead managers are SBI Capital Markets and Kotak Mahindra Capital. Intime Spectrum Registry Ltd is the registrar to the issue.

For DRHP of Tecpro Systems Limited IPO Click here.

For further updates on Tecpro Systems Ltd IPO,Issue Dates,Subscription,Allotment details do check www.bsensedaily.com regularly.