– IPO Open: 28 September 2011
– IPO Close: 05 October 2011
– IPO Size: Rs. 93 Crore (Approx)
– IPO Face Value: Rs. 10 / Equity Shared
– IPO Price Band: Rs. 180 – Rs. 186 Per Equity Share
– Minimum Quantity: 30 Shares (Rs. 5580 with 1 Lot)
– Maximum Quantity (1 Lakh Application): 510 Shares (Rs. 94860 with 17 Lot)
– Maximum Quantity (2 Lakh Application): 1050 Shares (Rs. 195300 with 35 Lot)
– IPO Listing At: BSE, NSE
Company Promoters:
1. Mr. Shyam Sunder Mundra
2. Mr. Vikalp Mundra
3. Mr. Anurag Mundra
M and B Switchgears IPO Grading / Rating by ICRA : IPO Grade 2/5. Means it has Below Average Fundamentals.
About Company:
M AND B Switchgears Pvt. Ltd., established in 1979 in Indore. The city which is heart of India and is the business capital of Madhya Pradesh. The city is well connected by air, rail and road.
We manufacture distribution transformers, power transformers, furnace/rectifier transformers and special purpose transformers. It has today grown to workman strength of more than 150 and targeting towards a sales turnover of Rs. 1000 million
The most modern plant spread in 1,00,000 Sq. ft. area with state of the art manufacturing and advanced machinery has increased capacity up to 25 MVA, 132 KV.
With technological competence & CPRI approval, contributing nation by supplying energy efficient and low loss distribution and power transformers to various state electricity boards.
M AND B Switchgears’ dedication to quality, timely project execution and services has increased our client base which 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.
Contact Information:
Registered Office : Survey No. 211/1, Opp Sector-C and Metalman, Sanwer Road, Industrial Area, Indore 452 015 Madhya Pradesh, India
Phone: +91-731-2722388
Fax: +91-731-2721693
Email: [email protected]
Website: http://www.mbswitch.com
Book Running Lead Manager(s)
1. D and A Financial Services Private Ltd
Registrar of M and B Switchgears IPO
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: [email protected]
Website: http://www.bigshareonline.com
M and B Switchgears IPO Important Links:
Draft Prospectus with SEBI
More Information:
M and B Switchgears IPO Grey Market Premium & Kostak Rates: Click Here
M and B Switchgears IPO Listing Date: Click Here
