Friday, August 04, 2017

Servotech Power SME IPO Price Band, Market Lot & Dates Details

Servotech Power IPO is going to hit market on 9 August, Wednesday. Servotech Power is NSE SME IPO with 15.13 crore size. The company incorporated in 2014 and they are manufacturing inverters, power source products, stabilizers and more. They have business in India, South East Asia, Europe and Middle East. They also manufacture LED bulbs, flood lights, panel lights, tube lights. They also have solar product range. The brand names include Servotech and Saara.
IPO Review:
  • Apply for Listing Gain
Servotech Power IPO Dates & Price Band:
  • IPO Open: 09 August 2017
  • IPO Close: 14 August 2017
  • IPO Size: Approx 15.13 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.31 Per Equity Share
  • Listing on: NSE SME
IPO Market Lot:
  • Shares: Apply for 4,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,24,000
Grey Market Premium:
  • The grey market is around N/A per share.
Subscription Status:
  • IPO Subscribed 0.23 times till 11-August
Servotech Power IPO Allotment Status:
Company Promoters:
  • Mr. Raman Bhatia
  • Ms. Sarika Bhatia
Quick Links:
Red Herring Prospectus

IPO Registrar:
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207

IPO Lead Managers:
  • Sarthi Capital Advisors Private Limited
Company Address:
Servotech Power Systems Ltd
806, 8th Floor, Crown Heights,
Hotel Crown Plaza, Sector 10,
Rohini, New Delhi- 110085
Phone: +91 11 41117657-60