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M & B Switchgears Ltd.

M & B Switchgears Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹186
₹186
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹186
Based on GMP
Min. Investment
₹5,580
1 lot × 30 shares
Subscribed
1.00x
Over-subscribed
Check Allotment
IPO Details
Open Date
28 Sep 2011
Close Date
05 Oct 2011
Allotment
11 Oct 2011
Listing Date
20 Oct 2011
Exchange
NSE & BSE
Price Band
₹186
Listing Price
See chart
Allotment Status
Check Now →
Price Band
₹186
Per share
Face Value
₹10 per share
 
Lot Size
30 Shares
per lot
Issue Size
50,00,000 shares (aggregating up to ₹93.00 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹5,580
1 lot
Pre-IPO Holding
1,50,00,000 shares
Promoters
Post-IPO Holding
2,00,00,000 shares
Promoters
UPI Deadline
2011-10-05
Mandate
Anchor AllotmentTue, 27 Sep 2011
Basis of AllotmentTue, 11 Oct 2011
Refund InitiationWed, 12 Oct 2011
Demat CreditWed, 12 Oct 2011
Listing DayThu, 20 Oct 2011
UPI Mandate Deadline2011-10-05
Sale TypeFresh Capital
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
M & B Switchgears Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 05 Oct 2011.
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)
QIB
Over 1.00x
— — —
NII / HNI
Over 1.00x
— — —
Retail
Over 1.00x
— — —
Total 1.00x
5,000,000
 100% ₹93.00
IPO Shares Offered
M & B Switchgears Ltd. IPO total issue size: ₹93.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 5,000,000 ₹93.00
100.00%
* Based on upper price band ₹186 per share
Lot Size & Investment
Lot Size
30
Shares per Lot
Issue Price
₹186.00
Upper Band
Min Investment
₹5,580
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)260₹11,160
Retail (Max — 35 Lots)351,050₹195,300
S-HNI (Min — 36 Lots)361,080₹200,880
B-HNI (Min — 180 Lots)1805,400₹1,004,400
* Issue Price ₹186 × Lot Size 30 shares
IPO Schedule
Anchor
27 Sep 2011
✓ Done
IPO Open
28 Sep 2011
✓ Done
IPO Close
05 Oct 2011
✓ Done
Allotment
11 Oct 2011
✓ Done
Refunds
12 Oct 2011
✓ Done
Demat Credit
12 Oct 2011
✓ Done
Listing Day
20 Oct 2011
✓ Done
M & B Switchgears Ltd. — Live Price LIVE
₹186.00
INR · BSE
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Issue ₹186.00 Live Price
About M & B Switchgears Ltd.
Incorporated in 1999, M and B Switchgears Ltd is engaged in manufacturing of distribution transformers, power transformers, furnace/rectifier transformers and special purpose transformers.Company is in business of manufacturing transformers for more than 30 years and is a preferred supplier of quality transformers. Company's existing annual production capacity in terms of KVA is 75,000 KVA of transformer per month on single shift basis and annual aggregate capacity is 9,00,000 KVA per annum. M and B have capacity to manufactures 5,109 transformers per annum. Company's client base include almost all electricity boards, reputed industrial groups which include steel, power, pharma, textile, automobile etc., public sector companies like NCL, SECL, WCL, Ordanace factory & various other government utilities.
Objects of the Issue
1
1 To set up our new grid connected 4 MWp solar photovoltaic power plant at Village Gagorni, Distt. Rajghar, Madhya Pradesh; and
2
2 To meet General corporate purpose
M & B Switchgears Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹2,658.1
31-Mar-09
₹3,750.4
31-Mar-10
₹3,528.3
31-Mar-11
Profit After Tax (PAT)
₹42.0
31-Mar-09
₹93.0
31-Mar-10
₹79.2
31-Mar-11
Particulars31-Mar-1131-Mar-1031-Mar-09
Revenue from Operations 3528.26 3750.42 2658.12
EBITDA N/A N/A N/A
Profit After Tax (PAT) 79.19 92.98 42.03
Net Worth N/A N/A N/A
Total Assets N/A N/A N/A
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A — —
PAT Margin (%) N/A — —
RoCE
15.47%
RoNW
10.3%
Issue Structure & Shareholding
Total Shares Offered50,00,000 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding1,50,00,000 shares
Post-Issue Promoter Holding2,00,00,000 shares
P/BV RatioN/A
RoEN/A
RoCE15.47%
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
D&A Financial Services Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much M & B Switchgears Ltd. IPO subscribed? ▲

M & B Switchgears Ltd. IPO is subscribed 1.00 times by Oct 05, 2011. 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 M & B Switchgears Ltd. IPO retail subscription status? ▼

The M & B Switchgears Ltd. IPO retail category is subscribed 1.00 times as of 05 Oct 2011. The retail portion is oversubscribed.

How to subscribe M & B Switchgears Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 28 Sep 2011 and closes 05 Oct 2011. Min investment: ₹5,580 (1 lot = 30 shares). UPI mandate: 2011-10-05.

How many times M & B Switchgears Ltd. IPO subscribed? ▼

The M & B Switchgears Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check M & B Switchgears 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: 11 Oct 2011. Refunds: on 12 Oct 2011.

When M & B Switchgears Ltd. IPO will be listed? ▼

The M & B Switchgears Ltd. IPO listing date is 20 Oct 2011, Thursday. Listed on: NSE & BSE. Issue price: ₹186. Estimated listing: ₹186. GMP: NIL.

When M & B Switchgears Ltd. IPO close? ▼

The M & B Switchgears Ltd. IPO closes on 05 Oct 2011, Wednesday. UPI mandate: 2011-10-05. Allotment: 11 Oct 2011. Listing: 20 Oct 2011.

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Live Price LIVE
Last Price₹186.00
Change—
Issue Price₹186.00
vs Issue—
Quick Summary
StatusListed
Issue Price₹186
Face Value₹10
Lot Size30 Sh
Min. Amount₹5,580
GMPNIL
Est. Listing₹186
Subscribed1.00x
Open Date28 Sep 2011
Close Date05 Oct 2011
Allotment11 Oct 2011
Listing Date20 Oct 2011
ExchangeNSE & BSE
UPI Deadline2011-10-05