SERVOTECH POWER SY...● IPO DETAIL◆ GMPNIL◆ STATUSListed◆ IPOCloudTrack Every IPO◆ SERVOTECH POWER SY...● IPO DETAIL◆ GMPNIL◆ STATUSListed◆ IPOCloudTrack Every IPO◆
Live GMP
Back to IPOs
Servotech Power Systems Ltd

Servotech Power Systems Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹31
₹31
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹31
Based on GMP
Min. Investment
₹124,000
1 lot × 4000 shares
Subscribed
1.00x
Over-subscribed
Check Allotment
IPO Details
Open Date
09 Aug 2017
Close Date
14 Aug 2017
Allotment
20 Aug 2017
Listing Date
24 Aug 2017
Exchange
NSE SME
Price Band
₹31
Listing Price
See chart
Allotment Status
Check Now →
Price Band
₹31
Per share
Face Value
₹10 per share
 
Lot Size
4,000 Shares
per lot
Issue Size
48,80,000 shares (aggregating up to ₹15.13 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹124,000
1 lot
Pre-IPO Holding
13,43,042 shares
Promoters
Post-IPO Holding
1,83,10,429 shares
Promoters
UPI Deadline
2017-08-14
Mandate
Anchor AllotmentTue, 08 Aug 2017
Basis of AllotmentSun, 20 Aug 2017
Refund InitiationMon, 21 Aug 2017
Demat CreditMon, 21 Aug 2017
Listing DayThu, 24 Aug 2017
UPI Mandate Deadline2017-08-14
Sale TypeFresh Capital
Net Offer to Public45,80,000 shares (aggregating up to ₹14.20 Cr)
Market Maker Quota3,00,000 shares (aggregating up to ₹0.9300 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Servotech Power Systems Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 14 Aug 2017.
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
300,000
 — ₹0.93
QIB
Over 1.00x
— — —
NII / HNI
Over 1.00x
— — —
Retail
Over 1.00x
— — —
Total 1.00x
4,880,000
 100% ₹15.13
IPO Shares Offered
Servotech Power Systems Ltd IPO total issue size: ₹15.13 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 300,000 ₹0.93
6.15%
Total 4,880,000 ₹15.13
100.00%
* Based on upper price band ₹31 per share
Lot Size & Investment
Lot Size
4,000
Shares per Lot
Issue Price
₹31.00
Upper Band
Min Investment
₹124,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)28,000₹248,000
Retail (Max — 13 Lots)1352,000₹1,612,000
S-HNI (Min — 14 Lots)1456,000₹1,736,000
B-HNI (Min — 68 Lots)68272,000₹8,432,000
* Issue Price ₹31 × Lot Size 4,000 shares
IPO Schedule
Anchor
08 Aug 2017
✓ Done
IPO Open
09 Aug 2017
✓ Done
IPO Close
14 Aug 2017
✓ Done
Allotment
20 Aug 2017
✓ Done
Refunds
21 Aug 2017
✓ Done
Demat Credit
21 Aug 2017
✓ Done
Listing Day
24 Aug 2017
✓ Done
Servotech Power Systems Ltd — Live Price LIVE
₹31.00
INR · NSE
Fetching…
vs Issue Price
—
OPEN
—
HIGH
—
LOW
—
MKT CAP
—
P/E
—
52W HIGH
—
52W LOW
—
VOLUME
—
DIVIDEND
—
DIV YIELD
—
Loading…
Chart Not Available
Try again 2–3 days after listing.
Issue ₹31.00 Live Price
About Servotech Power Systems Ltd
Incorporated in 2014, Servotech Power Systems Limited is engaged in manufactures and sells inverters, uninterruptible power source products, and servo stabilizers under the SERVOTECH brand name in India, south-east Asia, Africa, Europe, and the Middle East.Company's products include LED light bulbs, downlights, flood lights, panel lights, tube lights, and bay lights, as well as outdoor lights, such as street lights and floodlights under the SAARA brand for residential, industrial, and commercial applications. In addition, it manufactures and supplies a range of solar products, which include solar BLDC fans, solar home light systems, solar PWM and MPPT charge controllers, and solar pump controllers.SPSL also manufacturer and supplier of a comprehensive range of Solar Products that includes Solar BLDC Fan, Solar Home Light systems, Solar PWM Charge Controller, Solar MPPT Charge Controller, Solar water pump etc. The company also provides turnkey services which involve supply, installation, commissioning, testing and comprehensive maintenance of upto 5 years of LED products.
Objects of the Issue
1
Working Capital Requirements
2
General Corporate Purpose
3
Issue Expenses
Servotech Power Systems Ltd Financials (Amount in Rs Cr)
Revenue from Operations
N/A
FY 2022-23
N/A
FY 2023-24
N/A
FY 2024-25
Profit After Tax (PAT)
N/A
FY 2022-23
N/A
FY 2023-24
N/A
FY 2024-25
ParticularsFY 2024-25FY 2023-24FY 2022-23
Revenue from Operations N/A N/A N/A
EBITDA N/A N/A N/A
Profit After Tax (PAT) N/A N/A N/A
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 — —
Financial data will be published once DRHP/RHP is filed with SEBI.
Issue Structure & Shareholding
Total Shares Offered48,80,000 (100.00%)
Net Offer to Public45,80,000 shares (aggregating up to ₹14.20 Cr)
Reserved for Market Maker3,00,000 shares (aggregating up to ₹0.9300 Cr)
Pre-Issue Promoter Holding13,43,042 shares
Post-Issue Promoter Holding1,83,10,429 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Sarthi Capital Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Servotech Power Systems Ltd IPO subscribed? ▲

Servotech Power Systems Ltd IPO is subscribed 1.00 times by Aug 14, 2017. 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 Servotech Power Systems Ltd IPO retail subscription status? ▼

The Servotech Power Systems Ltd IPO retail category is subscribed 1.00 times as of 14 Aug 2017. The retail portion is oversubscribed.

How to subscribe Servotech Power Systems Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 09 Aug 2017 and closes 14 Aug 2017. Min investment: ₹124,000 (1 lot = 4,000 shares). UPI mandate: 2017-08-14.

How many times Servotech Power Systems Ltd IPO subscribed? ▼

The Servotech Power Systems Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Servotech Power Systems 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: 20 Aug 2017. Refunds: on 21 Aug 2017.

When Servotech Power Systems Ltd IPO will be listed? ▼

The Servotech Power Systems Ltd IPO listing date is 24 Aug 2017, Thursday. Listed on: NSE SME. Issue price: ₹31. Estimated listing: ₹31. GMP: NIL.

When Servotech Power Systems Ltd IPO close? ▼

The Servotech Power Systems Ltd IPO closes on 14 Aug 2017, Monday. UPI mandate: 2017-08-14. Allotment: 20 Aug 2017. Listing: 24 Aug 2017.

Quick Actions
Check Allotment
Live Price LIVE
Last Price₹31.00
Change—
Issue Price₹31.00
vs Issue—
Quick Summary
StatusListed
Issue Price₹31
Face Value₹10
Lot Size4,000 Sh
Min. Amount₹124,000
GMPNIL
Est. Listing₹31
Subscribed1.00x
Open Date09 Aug 2017
Close Date14 Aug 2017
Allotment20 Aug 2017
Listing Date24 Aug 2017
ExchangeNSE SME
UPI Deadline2017-08-14