Shri Ram Switchgears Limited IPO
Shri Ram Switchgears Limited is engaged in the engineering and manufacturing of Electrical products. They manufacture Transformers (EHV, Power, Distribution, and Special Application) up to 5 mVA – 132 kV Class as well as Oil Type Compact Sub-Stations.
They also manufacture a full range of HT & LT switch gears from Distribution boards to Distribution Boxes, Control and Relay Panel, Feeder Pillars, ACB Boxes, Single Phase Boxes, MCB & MCCB panels, Junction Boxes, A.C./D.C. Boards and other related products. They undertake EPC contracts in the Power Transmission and Distribution sector covering the full range from design and engineering to testing and commissioning of electrical substations and transmission lines.
Company’s customers are majorly the Power DISCOMs (Distribution Companies). They cover the states of Maharashtra, Rajasthan, Gujarat, Madhya Pradesh, Delhi, Odisha, Uttar Pradesh for a supply of their products and services. Their customer base includes Maharashtra State Electricity Board- Mumbai, B.E.S.T. Mumbai, Reliance Energy Ltd Delhi & Mumbai, B.S.E.S. Ltd Mumbai, Delhi & Orrisa etc.
Objects of the Shri Ram Switchgears Limited IPO:
Shri Ram Switchgears Limited IPO Details:
|Open Date:||May 25 2017|
|Close Date:||May 30 2017|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Issue Size:||5.07 Cr.|
|Lot Size:||6000 Shares|
|Issue Price:||₹ 19 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Jun 07 2017|