Power Mech Projects Limited Plans IPO

India Infoline News Service | Mumbai | October 31, 2014 09:12 IST

The offer comprises a fresh issue of 2,128,000 equity shares and an offer for sale of 2,141,000 equity shares.

Power Mech Projects Limited has filed its Draft Red Herring Prospectus (DRHP) with the market regulator SEBI for its proposed IPO of 4,269,000 equity shares of face value Rs. 10 each at a price to be decided by the Book Building process.

The offer comprises a fresh issue of 2,128,000 equity shares and an offer for sale of 2,141,000 equity shares.

Kotak Mahindra Capital Company Limited, India Infoline Limited and Motilal Oswal Investment Advisors Private Limited are the book running lead manager to the offer. Karvy Computershare Private Limited is the registrar to the issue.
 

Advertisements

  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.