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Open
30 Apr to 8 May, 2007
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Close
30 Apr to 8 May, 2007
3
Allotment
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Listing
Wed, May 30, 2007
Price Band
₹129 to ₹150
Issue Size
51,00,000 shares (agg. up to ₹77 Cr)
Lot Size
45 Shares
Listing Date
Wed, May 30, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 47.93x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up additional facility for manufacture of LED boards | 14.90 |
| 2 | LED video display systems to be used for rental / leasing | 15.05 |
| 3 | Products Up-gradation / Development | 4.20 |
| 4 | Design & Development of 3D Stereoscopic Displays | 6.50 |
| 5 | Market Development – Domestic & Overseas | 5.00 |
| 6 | Acquisition of Infostep Inc., USA | 9.11 |
| 7 | Augment working capital requirements | 24.42 |
| 8 | Meet the expenses of the issue | 7.07 |
About MIC Electronics IPO
Incorporated in 1988, MIC Electronics Limited is a global leader in the design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software.Business LinesMIC's business is divided broadly into three parts: Media Group, primarily responsible for the development, production and sales of video displays, text, graphic animation displays and display services including lease/rental of LED video walls etc. InfoTech Group provides telecom software solutions in areas of Telecom Network Management, Telecom Switch Access and Computer Telephony domains. Communication & Electronics Group has diversified products including the Digital Loop Carrier (DLC) on optical fibre on Synchronous Digital Hierarchy (SDH) Ring, broadband DLC for triple play (voice/video/data) applications, Code Division Multiple Access (CDMA) / Global System for Mobile Communication (GSM) based Wireless in Local Loop (WLL) terminals and phones, Hand Held Computers (HHC) with in-built GSM/CDMA modems.+ Read More
Contact Details
MIC Electronics Ltd. AddressMIC Electronics LimitedA-4/II, Electronic ComplexKushaigudaHyderabad, Telangana, 500062+91 40 2712 2222secretarial@mic.co.inVisit Website