Power Mech Projects Ltd IPO

Closed

IPO Subscription Details

  • Open Date 07 Aug
  • Close Date 11 Aug
  • Lot Size 20
  • IPO Size ₹ 273.22 Cr
  • IPO Price Range ₹ 640
  • Min Investment ₹ 12800

IPO Synopsis

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

How to apply for IPO?

  • Login to your 5paisa account 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 mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Power Mech Projects Ltd IPO

Contact Information

Address

Plot No 77 Jubilee Enclave,
Opp Hitex Madhapur,
Hyderabad, Telangana 500081