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Open
28 Sep to 5 Oct, 2011
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Close
28 Sep to 5 Oct, 2011
3
Allotment
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Listing
Thu, Oct 20, 2011
Price Band
₹180 to ₹186
Issue Size
50,00,000 shares (agg. up to ₹93 Cr)
Lot Size
30 Shares
Listing Date
Thu, Oct 20, 2011
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.52x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Land | 0.36 |
| 2 | Site development and civil works | 3.00 |
| 3 | Survey of land and study of incident of radiation and other parameters, including installation and commissioning charges and project management and training fee | 5.40 |
| 4 | Plant and Machinery | 62.20 |
| 5 | Evacuation Infrastructure – cabling from project site to feeder point | 0.40 |
| 6 | General corporate purposes | 19.28 |
| 7 | Issue Expenses | 3.40 |
| Total | 94.04 |
About M & B Switchgears IPO
Incorporated in 1999, M and B Switchgears Ltd is engaged in manufacturing of distribution transformers, power transformers, furnace/rectifier transformers and special purpose transformers.Company is in business of manufacturing transformers for more than 30 years and is a preferred supplier of quality transformers. Company's existing annual production capacity in terms of KVA is 75,000 KVA of transformer per month on single shift basis and annual aggregate capacity is 9,00,000 KVA per annum. M and B have capacity to manufactures 5,109 transformers per annum. Company's client base include almost all electricity boards, reputed industrial groups which include steel, power, pharma, textile, automobile etc., public sector companies like NCL, SECL, WCL, Ordanace factory & various other government utilities.+ Read More
Contact Details
M & B Switchgears Ltd. AddressSurvey No.211/1, Opp Sector-C and MetalmanSanwer Road, Industrial AreaRangareddiIndore, Madhya Pradesh, 452015+91-731-2722388toshiba.s@mbswitch.comVisit Website