Ujaas Energy Ltd IPO


Subscription Details

  • Open Date 28 Sep
  • Close Date 05 Oct
  • Lot Size 30
  • IPO Size ₹ 93 Cr
  • IPO Price Range ₹ 186
  • Min Investment ₹ 5580

Ujaas Energy Ltd IPO Timeline

Open Date
28 Sep
Close Date
05 Oct
Basis of Allotment
Credit to Demat Account
Listing Date

IPO Synopsis

Public issue of 50,00,000 equity shares with a face value of Rs. 10 each (Equity Shares) of M and B Switchgears Limited (The Company or The Issuer) for cash at a price of Rs. 186 per equity share (including a share premium of Rs. 176 per equity share) aggregating to Rs. 93.00 crores (The Issue). The issue will constitute 25% of the post-issue paid-up equity share capital of the company. Issue price: Rs. 186 per equity share of face value of Rs. 10/- each The issue price is 18.6 times the face value.

How to apply for an 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 Ujaas Energy Ltd IPO

Contact Information


Survey No 211/1 Sanwer Road,
Opp Sec-C & Metalman Indl Area,
Indore, Madhya Pradesh 452015

Ujaas Energy Ltd IPO Lead Manager

D & A Financial Services Pvt Ltd
Open Demat Account