Issue Price
₹186
Per Share
GMP
NIL
Grey Market
Est. Listing
₹186
Expected Price
Min. Application
₹11,160
2 lots × 30 shares
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.
M & B Switchgears Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 5,000,000 | 100.00% | ₹93.00 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 30 | ₹5,580 |
| Retail (Max) | 2 | 60 | ₹11,160 |
| sNII (Min) | 36 | 1,080 | ₹200,880 |
| bNII (Min) | 180 | 5,400 | ₹1,004,400 |
| Particulars | 31-Mar-11 | 31-Mar-10 | 31-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 |
| Total Borrowings | N/A | N/A | N/A |