Ujaas Energy Ltd IPO


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

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 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