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graph-market IPO

Evans Electric Ltd

Registered Office: 430 Orchard Mall 3rd Floor,Royal Palms Estate AMC, Mumbai - 400065, Maharashtra, India.
Phone : 91-22-28729506   Fax:
Email :  cs@evanselectric.co.in  
Website :  www.evanselectric.co.in

Initial public offer of 3,72,000 equity shares of face value of Rs. 10 each (the "equity shares") of Evans Electric Limited ("the company" or "eel" or "the issuer") at an issue price of Rs. 52 per equity share for cash, aggregating Rs. 1.93 Crores ("public issue") comprising of a fresh issue of 3,72,000 equity shares aggregating Rs. 1.93 Crores ("fresh issue") out of which 20,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 52 per equity share for cash, aggregating Rs. 0.10 Crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion").The issue less market maker reservation portion i.e. Issue of 3,52,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 52 per equity share for cash, aggregating upto Rs. 1.83 Crores is herein after referred to as the "net issue". The public issue and net issue will constitute 27.11% and 25.66% respectively of the post- issue paid-up equity share capital of the Company. Fixed Price issue at Rs.52 per equity share and is 5.2 times of the face value. Minimum Application size of 2000 equity shares and in multiples of 2000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Apr-19 03-May-19 52.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
  Rs Cr Lead Managers to the Issue
Project Cost 1.93 Hem Securities Ltd
Project Financed through Current Offer 1.93  
Post Issue Equity Share Capital 1.37  
Issue Price 52.00  

Projects

  • To Meet Working Capital Requirement
  • General Corporate Expenses

Promoted By

Ivor Anthony Desouza

Listing At

BSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd

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