Marine Electricals (India) Ltd

- Aryaman Financial Services Ltd

Public issue of 64,96,000 equity shares of Rs. 10 each (equity shares) of Marine Electricals (India) Limited (meil or the company) for cash at a price of Rs. 66 per share (the issue price), aggregating to Rs. 42.87 Crores (the issue), of which 3,36,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 61,60,000 equity shares of Rs. 10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.48% and 25.11%, respectively of the post issue paid up equity share capital of the company.The face value of equity shares of Rs.10 each.The issue price is Rs.66 per equity share, which is 6.6 times of the face value of the equity share.

  • Issue

    • Opens On28 Sep 2018
    • Closes On03 Oct 2018
  • Money Payable On

    • Application66
    • Allotment0
  • Project Cost (Cr.)42.87
  • Post Issue Equity Share Capital (Cr.)24.53
  • Issue Price (D)66

Further Multiples of: 2000


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

    B/1 Udyog Sadan No 3 MIDC Andheri (East) Mumbai

    Maharashtra- 400093

    Phone - 91-22-40334300

    Fax -

    Email -

    Website -