IPO

Spectrum Electrical Industries Ltd IPO

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Public issue of 39,80,000 equity shares of Rs.10/- each of Spectrum Electrical Industries limited (the company or the issuer) for cash at a price of Rs.65/- per share (the issue price), aggregating to Rs.25.87 Crores (the issue), of which, 2,00,000 equity shares of rs 10/- each will be reserved for subscription by market maker to the issue (as defined in the section definitions and abbreviations) (the market maker reservation portion). The issue less the market maker reservation portion i.e. issue of 37,80,000 equity shares of Rs.10/- each for cash at a price of Rs.65/- per share aggregating to Rs.24.57 Crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.32% and 25.00%, 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 6.5 times the face value

Spectrum Electrical Industries Ltd IPO Subscription Details

Company

Spectrum Electrical Industries Ltd

Issue Type

Fixed Price - SME

Open Date

17 Sep

Close Date

21 Sep

Offer Price

65.00

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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

Spectrum Electrical Industries Ltd IPO Frequently Asked Questions

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Contact Details of Spectrum Electrical Industries Ltd IPO

Company Contact Information

Spectrum Electrical Industries Ltd IPO
Plot No V-195 MIDC Area,
Ajanta Road,
Jalgaon, Maharashtra 425003.

Phone: 91-257-2210192
Email: spectrum.deepak@gmail.com

Spectrum Electrical Industries Ltd IPO Register

Bigshare Services Pvt Ltd

Spectrum Electrical Industries Ltd IPO Lead Manager(s)

  • Arihant Capital Markets Ltd

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