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Evans Electric Ltd.

Evans Electric Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹52
₹52
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹52
Based on GMP
Min. Investment
₹104,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
30 Apr 2019
Close Date
03 May 2019
Allotment
08 May 2019
Listing Date
13 May 2019
Exchange
BSE SME
Price Band
₹52
Listing Price
See chart
Allotment Status
Price Band
₹52
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
3,72,000 shares (aggregating up to ₹1.93 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹104,000
1 lot
Pre-IPO Holding
10,00,000 shares
Promoters
Post-IPO Holding
13,72,000 shares
Promoters
UPI Deadline
2019-05-03
Mandate
Anchor AllotmentMon, 29 Apr 2019
Basis of AllotmentWed, 08 May 2019
Refund InitiationThu, 09 May 2019
Demat CreditFri, 10 May 2019
Listing DayMon, 13 May 2019
UPI Mandate Deadline2019-05-03
Sale TypeFresh Capital
Net Offer to Public3,52,000 shares (aggregating up to ₹1.83 Cr)
Market Maker Quota20,000 shares (aggregating up to ₹0.1040 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Evans Electric Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 03 May 2019.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
20,000
₹0.10
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
372,000
100% ₹1.93
IPO Shares Offered
Evans Electric Ltd. IPO total issue size: ₹1.93 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 20,000 ₹0.10
5.38%
Total 372,000 ₹1.93
100.00%
* Based on upper price band ₹52 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹52.00
Upper Band
Min Investment
₹104,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹208,000
Retail (Max — 13 Lots)1326,000₹1,352,000
S-HNI (Min — 14 Lots)1428,000₹1,456,000
B-HNI (Min — 68 Lots)68136,000₹7,072,000
* Issue Price ₹52 × Lot Size 2,000 shares
IPO Schedule
Anchor
29 Apr 2019
✓ Done
IPO Open
30 Apr 2019
✓ Done
IPO Close
03 May 2019
✓ Done
Allotment
08 May 2019
✓ Done
Refunds
09 May 2019
✓ Done
Demat Credit
10 May 2019
✓ Done
Listing Day
13 May 2019
✓ Done
Evans Electric Ltd. — Live Price LIVE
₹52.00
INR · BSE
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Issue ₹52.00 Live Price
About Evans Electric Ltd.
Incorporated in 1951, Mumbai-based Evans Electric Limited works in the area of re-designing, repairing, and re-winding of transformer, generator, and electric motor with in-house manufactured replacement components. Some of the products manufactured by the company for replacement purposes are insulation components, brush holders, coils, slip rings, insulators, retaining rings, allied specialized equipment & tools, wedges, stampings and packers. It has a factory unit covering 30,000 sq. ft area located at Palghar, Maharashtra providing repairing & rewinding services and manufacturing replacement components.The company also provides contract based services for repairing of turbo rotors, low voltage and high voltage electric motors (AC and DC), turbo generator stators, transformers, generators, hydro rotors, hydro generator stators, field poles, high voltage coil manufacturing, diagnostic testing, high voltage coil manufacturing, and vacuum impregnation. The company also provides contract based services to foreign countries and has been successfully executed orders from Sri Lanka, Malaysia and Bangladesh.It has a wide client base covering various sectors including railways, oil & gas refineries, cement, chemicals & fertilizers, shipping, steel plants, offshore gas & oil exploration, renewable energy, gas, diesel, nuclear, & thermal power generation.The competitive strengths of the company are:• Can handle complex machines of different design, size and capacity• Skilled workforce• Factory unit at a good location and in a large area• Quality work at affordable pricing
Objects of the Issue
1
1 To meet working capital requirement
2
2 General Corporate Expenses
3
3 To meet the Issue Expenses
Evans Electric Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹1,060.5
31-Mar-17
₹561.2
31-Mar-18
₹376.9
31-Oct-18
Profit After Tax (PAT)
₹236.7
31-Mar-17
₹46.3
31-Mar-18
₹58.1
31-Oct-18
Particulars31-Oct-1831-Mar-1831-Mar-17
Revenue from Operations 376.90 561.16 1060.49
EBITDA N/A N/A N/A
Profit After Tax (PAT) 58.06 46.30 236.69
Net Worth N/A N/A N/A
Total Assets 873.27 839.65 948.54
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered3,72,000 (100.00%)
Net Offer to Public3,52,000 shares (aggregating up to ₹1.83 Cr)
Reserved for Market Maker20,000 shares (aggregating up to ₹0.1040 Cr)
Pre-Issue Promoter Holding10,00,000 shares
Post-Issue Promoter Holding13,72,000 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Hem Securities Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Evans Electric Ltd. IPO subscribed?

Evans Electric Ltd. IPO is subscribed 1.00 times by May 03, 2019. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Evans Electric Ltd. IPO retail subscription status?

The Evans Electric Ltd. IPO retail category is subscribed 1.00 times as of 03 May 2019. The retail portion is oversubscribed.

How to subscribe Evans Electric Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 30 Apr 2019 and closes 03 May 2019. Min investment: ₹104,000 (1 lot = 2,000 shares). UPI mandate: 2019-05-03.

How many times Evans Electric Ltd. IPO subscribed?

The Evans Electric Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Evans Electric Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 08 May 2019. Refunds: on 09 May 2019.

When Evans Electric Ltd. IPO will be listed?

The Evans Electric Ltd. IPO listing date is 13 May 2019, Monday. Listed on: BSE SME. Issue price: ₹52. Estimated listing: ₹52. GMP: NIL.

When Evans Electric Ltd. IPO close?

The Evans Electric Ltd. IPO closes on 03 May 2019, Friday. UPI mandate: 2019-05-03. Allotment: 08 May 2019. Listing: 13 May 2019.