'submission of application for Direct Listing of Equity Shares on the Main Board of BSE Limited'
As filed · Tembo Global Industries Limited has informed the Exchange regarding 'submission of application for Direct Listing of Equity Shares on the Main Board of BSE Limited'.
What happened
FactTEMBO has filed for an Initial Public Offering (IPO). The company requests that this information be recorded.
Why it matters
CapitSignal interpretationAn IPO sets the price at which public holders first take on the business, and the fresh-issue/OFS split decides whether the money reaches the company or the selling shareholders.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Order Book
RevisedAnd as mentioned, so there are around INR 2,400 crores plus of projects in pipeline.
And current order book is INR 1,500 crores.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Price band and issue size
- Fresh issue versus offer for sale
- Stated use of the fresh-issue proceeds
- Based on the encouraging start to the year and the strength of the current business pipeline, we expect this g (management committed by FY27)
- The JV aims to achieve at least INR 100 crores of revenue in its first year of operations. (management committed by FY27)
Evidence
- Tembo Global Industries Limited has informed the Exchange regarding 'submission of application for Direct Listing of Equity Shares on the Main Board of BSE Limited'.(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- IPO base 70; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%