IPO

Evans Electric Limited IPO

BSE SME

Offer Date: Apr 30, 2019 - May 3, 2019

₹ 208000 /4000 Shares
*Min Investment

30 Apr, 2019

Open Date

03 May, 2019

Close Date

09 May, 2019

Allotment Date

13 May, 2019

Listing Date
IPO Issue Details
  • Issue Price Rs 52/- Per Equity Share 
  • Face Value Rs 10/- Per Equity Share 
  • Issue Price Fresh issue of 3,72,000 Equity Shares of Rs 10/- at a price of Rs 52/- per share aggregating to Rs 1.93 Cr
  • Listing at BSE SME
  • Lead Manager HEM SECURITIES LIMITED
  • Registrar Bigshare Services Private Limited
IPO Details
  • Retail Portion N/A
IPO Details


Evans Electric Limited IPO is an SME IPO, priced at Rs 52/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from Apr 30, 2019 to May 3, 2019. The allotment is expected to be finalized on May 9, 2019, and the tentative listing date is May 13, 2019.


The registrar of the IPO is Bigshare Services Private Limited, and

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IPO Subscription Analysis And Details
Retail
98.00x
Total
5.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved1,76,0001,76,0003,52,000
Day 1 - 30-04-19
0 0.00 x6,000 0.03 x6,000 0.02 x
Day 2 - 02-04-19
48,000 0.27 x26,000 0.15 x74,000 0.21 x
Day 3 - 03-04-19
4,62,000 2.62 x98,000 0.56 x5,60,000 1.59 x
Valuations
Earnings Per Share (EPS) Rs 3.37/-
P/E Ratio 15.40
RoNW 6.55%
Net Asset Value (Post Issue) Rs 66.57/-
IPO - Issue Objectives
1

To Meet the Working Capital Requirements.

2

General Corporate Purpose.

3

To Meet the Issue Expenses. 

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