Evans Electric Ltd

- Hem Securities Ltd

Initial public offer of 3,72,000 equity shares of face value of Rs. 10 each (the equity shares) of Evans Electric Limited (the company or eel or the issuer) at an issue price of Rs. 52 per equity share for cash, aggregating Rs. 1.93 Crores (public issue) comprising of a fresh issue of 3,72,000 equity shares aggregating Rs. 1.93 Crores (fresh issue) out of which 20,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 52 per equity share for cash, aggregating Rs. 0.10 Crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion).The issue less market maker reservation portion i.e. Issue of 3,52,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 52 per equity share for cash, aggregating upto Rs. 1.83 Crores is herein after referred to as the net issue. The public issue and net issue will constitute 27.11% and 25.66% respectively of the post- issue paid-up equity share capital of the Company.Fixed Price issue at Rs.52 per equity share and is 5.2 times of the face value.Minimum Application size of 2000 equity shares and in multiples of 2000 equity shares thereafter.

  • Issue

    • Opens On30 Apr 2019
    • Closes On03 May 2019
  • Money Payable On

    • Application52
    • Allotment0
  • Project Cost (Cr.)1.93
  • Post Issue Equity Share Capital (Cr.)1.37
  • Issue Price (D)52

Further Multiples of: 2000

Projects

  • Promoted By
    • Listing At - BSE - SME
    • Registrar to the Issue - Bigshare Services Pvt Ltd

    430 Orchard Mall 3rd Floor Royal Palms Estate AMC Mumbai

    Maharashtra- 400065

    Phone - 91-22-28729506/07

    Fax - 91-22-28729509

    Email - cs@evanselectric.co.in

    Website - www.evanselectric.co.in

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