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Open
25 May 2017
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Close
30 May 2017
3
Allotment
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Listing
Wed, Jun 7, 2017
Price Band
₹19 per share
Issue Size
26,70,000 shares (agg. up to ₹5 Cr)
Lot Size
6,000 Shares
Listing Date
Wed, Jun 7, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 71.18x |
Restated Financials (₹ Cr.)
| Period Ended | 28 Feb 2017 | 31 Mar 2016 | 31 Mar 2015 | 31 Mar 2014 |
|---|---|---|---|---|
| Assets | 82.53 | 71.02 | 62.29 | 51.87 |
| Total Income | 55.36 | 48.23 | 54.37 | 39.21 |
| Profit After Tax | 1.77 | 0.85 | 1.21 | 0.42 |
| NET Worth | 10.82 | 9.05 | 8.18 | 5.29 |
| Reserves and Surplus | 3.48 | 4.16 | 3.30 | 1.96 |
| Total Borrowing | 38.88 | 31.68 | 18.87 | 19.11 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Meera Industries Ltd. | SME | ₹3.89 Cr | ₹36 | null | ₹36.05 | +0.14% | ₹41.49 (-1.98%) |
| Crown Lifters Ltd. | SME | ₹6.68 Cr | ₹121 | null | ₹109.00 | -9.92% | ₹121.01 (+4.42%) |
| HPL Electric & Power Ltd. | Mainboard | ₹361.00 Cr | ₹202 | null | ₹189.30 | -6.29% | ₹337.15 (-1.72%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements including margin money | 4.67 |
| 2 | Issue Expenses | 0.40 |
About Shri Ram Switchgears IPO
Incorporated in 1985, Shri Ram Switchgears Limited is engaged in the engineering and manufacturing of Electrical products. They manufacture Transformers (EHV, Power, Distribution, and Special Application) upto 5 mVA - 132 kV Class as well as Oil Type Compact Sub-Stations.They also manufacture full range of HT & LT switchgears from Distribution boards to Distribution Boxes, Control and Relay Panel, Feeder Pillars, ACB Boxes, Single Phase Boxes, MCB & MCCB panels, Junction Boxes, A.C./D.C. Boards and other related products. They undertake EPC contracts in the Power Transmission and Distribution sector covering the full range from design and engineering to testing and commissioning of electrical substations and transmission lines.Company's customers are majorly the Power DISCOMs (Distribution Companies). They cover the states of Maharashtra, Rajasthan, Gujarat, Madhya Pradesh, Delhi, Odisha, Uttar Pradesh for supply of their products and services. Their customer base includes Maharashtra State Electricity Board- Mumbai, B.E.S.T. – Mumbai, Reliance Energy Ltd – Delhi & Mumbai, B.S.E.S. Ltd – Mumbai, Delhi & Orrisa etc.+ Read More
Contact Details
Shri Ram Switchgears Ltd. AddressShri Ram BhawanGoushala RoadRatlam, Madhya Pradesh, 457001+91 7412 235554info@shriramswitchgears.comVisit Website