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Open
27 Sep to 5 Oct, 2007
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Close
27 Sep to 5 Oct, 2007
3
Allotment
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Listing
Fri, Nov 2, 2007
Price Band
₹35 per share
Issue Size
42,44,810 shares (agg. up to ₹15 Cr)
Listing Date
Fri, Nov 2, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.58x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fund the Capital Expenditure for expanding capacity from 84000 Sq Mtrs of PCB to 150000 sq Mtrs of PCB. | 18.43 |
| 2 | Acquisitions of Companies/Business in the same line of activity. | 2.00 |
| 3 | Fund the Working Capital Margin requirement. | 4.00 |
| 4 | To Meet the expenses related to the issue. | 0.80 |
About Circuit Systems IPO
Incorporated in 1995, Circuit Systems (India) Limited (CSIL) is in the business of manufacturing Printed Circuit Boards (PCB). CSIL has around 10 years of experience in manufacturing PCB's. CSIL's manufacturing plant is located at Gandhinagar, Gujrat.PCB's are one of the leading components which are used for manufacturing any electronic hardware product. PCB's are commonly use in high-tech mobile phones, computer, automobiles, Radars and submarine controls and electronic toys.Major sectors using PCB's are Consumer electronics, Computer and peripherals, Telecommunication, Automobiles, Process controls, Defense and Industrial Electronics Industries. Company also export PCB's to Belgium, USA, Italy, Newzeland etc. countries. Revenue from the exports in year 2006-2007 was Rs 880.91 lakhs.CSIL focused on high technology boards like PCB’s with 4 mil standards, lead free finishes, MCL with complex designs etc., which gives it edge over competitor.+ Read More
Contact Details
Circuit Systems (India) Ltd. AddressB-24, GIDCElectronics EstateSector-25Gandhinagar, Gujarat, 382044+91-79-23242781/2cs@mycsil.comVisit Website