Spectrum Electrical Industries Limited IPO
(i) Spectrum Electrical Industries Limited incorporating as a proprietary firm, in 1995 in Jalgaon, Maharashtra. The Company is an ISO 9001:2015 certified company, engaged in the business of designing and manufacturing of electrical, automobile and irrigation components as contract manufacturers and as a component suppliers to leading industry players on Business-to-Business (B2B) model.
(ii) The Company focus has been on providing one-stop-shop solutions mainly to manufacturers of electrical products and components in India. The Company offers integrated design and manufacturing solutions for local and internationally recognized brands in the electrical products industry. We have developed ability to manufacture most of these products from the concept and design stage up to the final delivery to the customer’s distribution network thereby covering the entire value chain.
(iii) The Company offers end-to-end product solutions to our customers under the B2B model wherein we provide services ranging from global sourcing, manufacturing, quality testing and packaging to logistics. The company also offer products in the intermediate stages to many of our customers. Over last two decades, we have gained invaluable experience in assisting our customers to develop new designs, incorporating latest technologies and efficiently utilizing our manufacturing facilities, equipment, and materials and thereby constantly improving our product offerings, structure, and functional design so as to meet our customers’ needs.
(iv) The Company undertakes manufacture and supply of finished products and intermediate-stage products for our customers on a contract basis depending upon the demand from them. Our manufacturing unit(s) are located at Jalgaon & Nashik in Maharashtra. We also have a commercial tool room with modern infrastructure backed by an experienced team. We offer comprehensive design services, ranging from product conceptualization, designing, technical detailing, tooling and productivity improvement services resulting in improved manufacturing processes for our customers’ products.
Objects of the Spectrum Electrical Industries Limited IPO:
Spectrum Electrical Industries Limited IPO Details:
|Open Date:||Sep 17 2018|
|Close Date:||Sep 21 2018|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Issue Size:||25.87 Cr.|
|Lot Size:||2000 Shares|
|Issue Price:||₹ 65 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Oct 01 2018|
Promoters And Management:
Financials of Spectrum Electrical Industries Limited IPO:
|Particulars||For the year/period ended (in Rs Lacs)|
|Profit After Tax||590.32||53.27||30.03||1.73||(5.39)|
Comparison With Peers:
Recommendation on Spectrum Electrical Industries Limited IPO:
Lead Manager of Spectrum Electrical Industries Limited IPO:
Registrar of Spectrum Electrical Industries Limited IPO:
Bid Details of Spectrum Electrical Industries Limited IPO as on
21-Sep-2018 18:00:01 IST
|Category||No.of shares offered||No. of shares bid|