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Shri Ram Switchgears IPO
Shri Ram Switchgears is engaged in manufacturing of Transformers, Distribution boxes, Switchgears, Junction Boxes, Feeder Pillars, Panels, LT (Low Tension)/ HT (High Tension) Line materials and other electrical products required in power distribution system utilities. The company also undertakes turnkey projects including erection, installation, operation and maintenance services of power transmission lines.
The company also undertakes 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. The company is eligible for the power development projects issued by World Bank and Asian Development Bank. It has a vast experience in the power sector and whole gamut of Power Distribution and Transmission products in product portfolio. This enables it to undertake and complete EPC contracts within quickest time frame and of the highest quality standards. Further, in the financial period ending February 28, 2017 it also traded in electronic items including computer and computer peripherals.
Shri Ram Switchgears’ customers are majorly the Power DISCOMs (Distribution Companies). We cover the states of Maharashtra, Rajasthan, Gujarat, Madhya Pradesh, Delhi, Odisha, Uttar Pradesh for supply of our products and services.
Promoters of Shri Ram Switchgears – Nilesh Kumar Jhalani, Rohit Kumar Jhalani and Devraj Jhalani
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Shri Ram Switchgears IPO details |
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| Subscription Dates | 25 – 30 May 2017 |
| IPO Price band | INR19 per share |
| Fresh issue | 2,670,000 shares (INR5.07 crore) |
| Offer for sale | Nil |
| Total IPO size | 2,670,000 shares (INR5.07 crore) |
| Minimum bid (lot size) | 6,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge platform |
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Shri Ram Switchgears’ financial performance (in INR crore) |
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| FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | 11M FY2017 | |
| Total revenue | 27.16 | 22.02 | 39.21 | 54.37 | 48.23 | 55.36 |
| Total expenses | Â 26.72 | 20.82 | 38.60 | 52.56 | 47.05 | 52.43 |
| Profit after tax | -0.98 | 1.13 | 0.41 | 1.21 | 0.85 | 1.76 |
| Day |
Subscription (no. of times) |
| Day 1 | Â 0.46 |
| Day 2 | Â 0.82 |
| Day 3 | 3.22 |
| Day 4 | Â 69.11 |
Shri Ram Switchgears Limited
Shri Ram Bhawan, Goushala Road
Ratlam, Madhya Pradesh – 457 001
Phone:Â +91 7412 235554
Email: [email protected]
Website:Â www.shriramswitchgears.com
Earnings Per Share (EPS): INR1.16
Price/Earnings (P/E) ratio:Â 16.38
Return on Net Worth (RONW): 9.42%
Net Asset Value (NAV): INR12.33 per share
Bigshare Services Private LimitedÂ
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072
Phone: +91 22Â 4043 0200Â
Fax: +91 22Â 2847Â 5201
Email: [email protected]
Website: www.bigshareonline.com
Shri Ram Switchgears IPO allotment status is now available on Bigshare Services Private Limited website. Click on this link to get allotment status.
IPO Opening Date: 25 May 2017
IPO Closing Date: 30Â May 2017
Listing Date:Â 7 June 2017
Listing Price on NSE SME: INR22.8 per share (up 20% from IPO price)
Closing Price on NSE SME: INR22.8 per share (up 20% from IPO price)
listing date ?
7 june listing
any news about allotment
Allotment out, got 1/3
Hello Papan,
How did you apply , I mean three diff pan each one lot or one pan with three lot ?
3 different pan each 1 lot
If u put 3 lot under 1 pan than ur application will be under NII category and not RII category as total amt will be more than 2 lacs & will be treated as 1 application , its better to apply application under different pan of your family members. Chances of allotment is more. This was my 1st SME IPO application and luckily I got allotment. Hoping for great listing on 7th june. All the best to all alloties
thank you so much. All the best and will have 20% uc on 7 June.