Power & Instrumentation (Gujarat) Ltd

- Navigant Corporate Advisors Ltd

Public issue of 18,64,000 equity shares of a face value of Rs. 10/- each (The Equity Shares) of Power & Instrumentation (Gujarat) Limited (PIGL or The Company) for cash at a price of Rs. 33/- per share (The Issue Price), aggregating to Rs. 6.15 crores (The Issue), of which, 96,000 equity shares of Rs. 10/- each will be reserved for subscription by market maker to the issue (The Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. Issue of 17,68,000 equity shares of Rs. 33/- each is hereinafter referred to as the Net Issue aggregating Rs. 5.83 crores (The Issue). The issue and the net issue will constitute 26.46% and 25.10%, respectively of the post issue paid-up equity share capital of the company.The Face value of the equity shares is Rs. 10 each and the issue price is 3.3 times of the face value.

  • Issue

    • Opens On11 Apr 2018
    • Closes On13 Apr 2018
  • Money Payable On

    • Application33
    • Allotment0
  • Project Cost (Cr.)6.15
  • Post Issue Equity Share Capital (Cr.)7.04
  • Issue Price (D)33

Further Multiples of: 4000


  • Promoted By
    • Listing At - NSE - SME
    • Registrar to the Issue - Skyline Financial Services Pvt

    A/1 Sixth Floor Safal Profita. 100 Ft Road Prahladnagar Ahmedabad

    Gujarat- 380015

    Phone - 91-79-40051222

    Fax - 91-79-40051222

    Email - priyacs@grouppower.org

    Website - www.grouppower.org