Spectrum Electrical Industries Ltd IPO
IPO Details
- Open Date 17-Sep-18
- Close Date 21-Sep-18
- Lot Size 2000
- IPO Size ₹ 25.87 Cr
- IPO Price Range ₹ 65
- Min Investment ₹ 130000
- Listing Exchange -
- Basis of Allotment TBA
- Refunds TBA
- Credit to Demat Account TBA
- Listing Date TBA
IPO Synopsis
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 valueSpectrum Electrical Industries Ltd Financial Status
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Contact Details of Spectrum Electrical Industries Ltd IPO
Contact Information
Plot No V-195 MIDC Area,
Ajanta Road,
Jalgaon, Maharashtra 425003
Spectrum Electrical Industries Ltd IPO Lead Manager
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