Evans Electric Ltd - Prospectus Synopsis

Evans Electric Ltd RHP

Registered Office : 430 Orchard Mall 3rd Floor , Royal Palms Estate AMC , Mumbai - 400065 , Maharashtra , India.

Phone : 91-22-28729506  Fax :

Email : cs@evanselectric.co.in    Website : www.evanselectric.co.in

Initial public offer of 3,72,000 equity shares of face value of Rs. 10 each (the equity shares) of Evans Electric Limited (the company or eel or the issuer) at an issue price of Rs. 52 per equity share for cash, aggregating Rs. 1.93 Crores (public issue) comprising of a fresh issue of 3,72,000 equity shares aggregating Rs. 1.93 Crores (fresh issue) out of which 20,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 52 per equity share for cash, aggregating Rs. 0.10 Crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion).The issue less market maker reservation portion i.e. Issue of 3,52,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 52 per equity share for cash, aggregating upto Rs. 1.83 Crores is herein after referred to as the net issue. The public issue and net issue will constitute 27.11% and 25.66% respectively of the post- issue paid-up equity share capital of the Company. Fixed Price issue at Rs.52 per equity share and is 5.2 times of the face value. Minimum Application size of 2000 equity shares and in multiples of 2000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Apr-2019 03-May-2019 Rs 52 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
  Rs Cr Lead Managers to the Issue
Project Cost 1.93 Hem Securities Ltd
Project Financed through Current Offer 1.93  
Post Issue Equity Share Capital 1.37  
Issue Price Rs. 52  
Projects
To Meet Working Capital Requirement
Promoted By Listing At Registrar to the Issue
Ivor Anthony Desouza
BSE - SME Bigshare Services Pvt Ltd
 

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