IPO

Power & Instrumentation (Gujarat) Limited IPO

NSE SME

Offer Date: Apr 11, 2018 - Apr 13, 2018

₹ 264000 /8000 Shares
*Min Investment

11 Apr, 2018

Open Date

13 Apr, 2018

Close Date

19 Apr, 2018

Allotment Date

23 Apr, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 33 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 18,64,000 Equity Shares of Rs 10/- each at a price of Rs 33 per share aggregating to 6.15 Cr 
  • Listing at NSE SME
  • Lead Manager Navigant Corporate Advisors Ltd
  • Registrar Skyline Financial Services Private Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Power & Instrumentation (Gujarat) Limited IPO is an SME IPO, priced at Rs 33 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the NSE SME platform.

The IPO bidding window is open from Apr 11, 2018 to Apr 13, 2018. The allotment is expected to be finalized on Apr 19, 2018, and the tentative listing date is Apr 23, 2018.


The registrar of the IPO is Skyline Financial Services Private Ltd , and

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IPO Subscription Analysis And Details
As onQIB / NIIRetailTotal
Shares Offered / Reserved8,84,0008,84,00017,68,000
Day 1 11-04-18
1,84,000 0.21 x3,32,000 0.38 x5,16,000 0.29 x
Day 2 12-04-18
2,12,000 0.24 x11,56,000 1.31 x13,68,000 0.77 x
Day 3 13-04-18
76,12,000 8.61 x1,05,24,000 11.90 x1,81,36,000 10.26 x
Day 4 04-04-18
N/A xN/A xN/A x
Valuations
Earnings Per Share (EPS) Rs 2.22
P/E Ratio 14.84
RoNW 13.11%
Net Asset Value (NAV) - (Post Issue) Rs 28.66
IPO - Issue Objectives
1

To Meet Working Capital Requirement

2

General Corporate Purposes

3

To Meet the Issue Expenses