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Open
30 Apr to 3 May, 2019
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Close
30 Apr to 3 May, 2019
3
Allotment
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Listing
Mon, May 13, 2019
Price Band
₹52 per share
Issue Size
3,72,000 shares (agg. up to ₹2 Cr)
Lot Size
2,000 Shares
Listing Date
Mon, May 13, 2019
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.34x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Oct 2018 | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|---|
| Assets | 8.73 | 8.40 | 9.49 | 5.60 |
| Total Income | 4.00 | 5.87 | 10.72 | 5.12 |
| Profit After Tax | 0.58 | 0.46 | 2.37 | 0.41 |
| EBITDA | 1.04 | 1.07 | 3.76 | 0.85 |
| NET Worth | 7.65 | 7.07 | 6.67 | 4.43 |
| Reserves and Surplus | 7.15 | 6.57 | 6.17 | 3.93 |
| Total Borrowing | 0.48 | 0.06 | ||
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| KHFM Hospitality & Facility Management Services Ltd. | SME | ₹10.62 Cr | ₹36 | null | ₹36.10 | +0.28% | ₹48.75 (+0.00%) |
| Innovative Ideals & Services (India) Ltd. | SME | ₹12.26 Cr | ₹40 | null | ₹45.15 | +12.87% | ₹22.80 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet working capital requirement | 1.11 |
| 2 | General Corporate Expenses | 0.37 |
| 3 | To meet the Issue Expenses | 0.45 |
About Evans Electric IPO
Incorporated in 1951, Mumbai-based Evans Electric Limited works in the area of re-designing, repairing, and re-winding of transformer, generator, and electric motor with in-house manufactured replacement components. Some of the products manufactured by the company for replacement purposes are insulation components, brush holders, coils, slip rings, insulators, retaining rings, allied specialized equipment & tools, wedges, stampings and packers. It has a factory unit covering 30,000 sq. ft area located at Palghar, Maharashtra providing repairing & rewinding services and manufacturing replacement components. The company also provides contract based services for repairing of turbo rotors, low voltage and high voltage electric motors (AC and DC), turbo generator stators, transformers, generators, hydro rotors, hydro generator stators, field poles, high voltage coil manufacturing, diagnostic testing, high voltage coil manufacturing, and vacuum impregnation. The company also provides contract based services to foreign countries and has been successfully executed orders from Sri Lanka, Malaysia and Bangladesh. It has a wide client base covering various sectors including railways, oil & ga
Contact Details
Evans Electric Ltd. Address430, Orchard Mall, 3rd FloorRoyal Palms Estate, Aarey Milk ColonyGoregaon (East)Mumbai, Maharashtra, 400065+91-022-28729506cs@evanselectric.co.inVisit Website