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Open
9 Aug 2017
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Close
14 Aug 2017
3
Allotment
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Listing
Thu, Aug 24, 2017
Price Band
₹31 per share
Issue Size
48,80,000 shares (agg. up to ₹15 Cr)
Lot Size
4,000 Shares
Listing Date
Thu, Aug 24, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.43x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|
| Assets | 59.18 | 43.93 | 32.37 |
| Total Income | 83.21 | 51.71 | 32.18 |
| Profit After Tax | 5.06 | 1.17 | 0.81 |
| NET Worth | 13.14 | 8.13 | 5.69 |
| Reserves and Surplus | 10.58 | 5.57 | 3.58 |
| Total Borrowing | 17.35 | 17.66 | 15.80 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Jigar Cables Ltd. | SME | ₹5.59 Cr | ₹30 | null | ₹36.00 | +20.00% | ₹71.95 (+7.39%) |
| RMC Switchgears Ltd. | SME | ₹4.15 Cr | ₹27 | null | ₹32.40 | +20.00% | ₹262.30 (-2.30%) |
| Nitiraj Engineers Ltd. | SME | ₹22.01 Cr | ₹100 | null | ₹94.50 | -5.50% | ₹219.81 (+2.70%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 11.60 |
| 2 | General Corporate Purpose | 2.28 |
| 3 | Issue Expenses | 1.25 |
About Servotech Power Systems IPO
Incorporated in 2014, Servotech Power Systems Limited is engaged in manufactures and sells inverters, uninterruptible power source products, and servo stabilizers under the SERVOTECH brand name in India, south-east Asia, Africa, Europe, and the Middle East.Company's products include LED light bulbs, downlights, flood lights, panel lights, tube lights, and bay lights, as well as outdoor lights, such as street lights and floodlights under the SAARA brand for residential, industrial, and commercial applications. In addition, it manufactures and supplies a range of solar products, which include solar BLDC fans, solar home light systems, solar PWM and MPPT charge controllers, and solar pump controllers.SPSL also manufacturer and supplier of a comprehensive range of Solar Products that includes Solar BLDC Fan, Solar Home Light systems, Solar PWM Charge Controller, Solar MPPT Charge Controller, Solar water pump etc. The company also provides turnkey services which involve supply, installation, commissioning, testing and comprehensive maintenance of upto 5 years of LED products.+ Read More
Contact Details
Servotech Power Systems Ltd. Address806, 8th Floor, Crown HeightsHotel Crown PlazaRohini, Sector 10Delhi, New Delhi, 110085+91 11 41117657-60servotech@servotechindia.comVisit Website