| Evans Electric Ltd |
|
Registered Office:
430 Orchard Mall 3rd Floor,Royal Palms Estate AMC
,
Mumbai
-
400065
,
Maharashtra
, India.
Phone :
91-22-28729506/07 Fax:91-22-28729509
Email : cs@evanselectric.co.in
Website : www.evanselectric.co.in
|
Initial public offer of 3,72,000 equity shares of face value of  10 each (the "equity shares") of Evans Electric Limited ("the company" or "eel" or "the issuer") at an issue price of 52 per equity share for cash, aggregating 1.93 Crores ("public issue") comprising of a fresh issue of 3,72,000 equity shares aggregating 1.93 Crores ("fresh issue") out of which 20,000 equity shares of face value of 10 each, at an issue price of 52 per equity share for cash, aggregating 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 10 each, at an issue price of 52 per equity share for cash, aggregating upto 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 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 |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 30-Apr-19 |
03-May-19 |
Rs52.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :2000 Further Multiples of :2000 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
1.93 |
|
| Project Financed through Current Offer |
1.93 |
|
| Post Issue Equity Share Capital |
1.37 |
|
| Issue Price |
Rs52.00 |
|
|