Product details

It was 08.59 am and time for the bell, 16 July 2010, the day when ''it'' hits the market. Everything was fine for ''them'' till 2 July 2010, the date of closure of the issue with 12.78 times oversubscription, but will this continue? Though the valuation was robust, were all the risks taken care of while determining the price band? The management was worried about its sustainability and the acceptability by the market, the result, which will be in light and be tested in a couple of days of ''its'' entry into the market. Will the stakeholders be happy for their decision? The thought haunts the management time and again and here they wait for the answer. Technofab Engineering Private Limited (TEL) is engaged in the business of providing Engineering Procurement and Construction (EPC) services, executing a wide range of Balance-of-Plant (BoP) and electro-mechanical projects on a complete turnkey basis (see Exhibit 1). They provide services to domestic and overseas markets across a number of industrial and infrastructure sectors which includes power, oil and gas, water and waste water treatment and other industrial and infrastructure sectors.