IPO

Power Mech Projects Ltd IPO

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Public issue of 4,269,000 equity shares of face value of Rs. 10 each (the equity shares) of Power Mech Projects Limited, (The company or the issuer) for cash at a price of Rs. 640 per equity share (Including a share premium of Rs. 630 per equity share) aggregating to Rs. 273.22 crores consisting of a fresh issue of 2,128,000 equity shares aggregating to Rs. 136.19 crores by the company (The fresh issue) and an offer for sale of up to 2,141,000 equity shares by the selling shareholders aggregating to Rs. 137.02 crores (The offer for sale and the fresh issue are together referred to as, the issue). The issue will constitute 29.02% of the fully diluted post issue paid-up equity share capital of the company. Issue price: Rs. 640 per equity share of face value of Rs. 10 each. The issue price is 64.00 times the face value. Anchor investores issue price: Rs. 640 per equity share.p

Power Mech Projects Ltd IPO Subscription Details

Company

Power Mech Projects Ltd

Issue Type

(Book Built Portion)

Open Date

07 Aug

Close Date

11 Aug

Offer Price

640.00

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  • Enter the number of lots and price at which you wish to apply for
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  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of Power Mech Projects Ltd IPO

Company Contact Information

Power Mech Projects Ltd IPO
Plot No 77 Jubilee Enclave,
Opp Hitex Madhapur,
Hyderabad, Telangana 500081.

Phone: 91-40-30444444
Email: compliance@powermech.net

Power Mech Projects Ltd IPO Register

Karvy Computershare Pvt Ltd

Power Mech Projects Ltd IPO Lead Manager(s)

  • India Infoline Ltd
  • Kotak Mahindra Capital Company Ltd
  • Motilal Oswal Investment Advisors Pvt Ltd

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