Monday, September 17, 2018

Spectrum Electrical IPO Review, Dates, Price Band, Allotment & Market Lot

 Monday, September 17, 2018  
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Spectrum Electrical Industries Limited is incorporated in 2008 based in Maharashtra. The company is doing designing and manufacturing of electrical, automobile and irrigation components. They are doing contract manucturing and supplying. The have end to end prodcut solutions for their customers and for that they have B2B model. They provide services like global sourcing, manufacturing, testing and packaging to logistics. They have 370 employees on payroll. Spectrum Electrical ipo is starting from 17-September and ends on 21-September. The price band is around Rs.65 with 2000 market lot. The ipo size is around 25.87 crore rupees.

IPO Review:
  • Risky
Spectrum Electrical IPO Dates & Price Band:
  • IPO Open: 17-September-2018
  • IPO Close: 21-September-2018
  • IPO Size: Approx Rs 25.87 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.65 Per Equity Share
  • Listing on: NSE SME
  • Shares: 3,980,000
  • Retail Portion: 50%
IPO Market Lot:
  • Shares: Apply for 2,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,30,000
IPO Allotment & Listing:
  • Basis of Allotment: 27-September-2018
  • Refunds: 28-September-2018
  • Credit to demat accounts: 01-October-2018
  • Listing: 03-October-2018
Financial Results:
  Rs. in Crore
Revenue Expense PAT
2014 0.00 0.05 -0.05
2015 0.14 0.11 0.02
2016 2.16 1.78 0.30
2017 6.60 5.93 0.53
2018 119.83 111.73 5.90
Spectrum Electrical IPO Important Links:
Company Promoters:
  • Deepak Chaudhari
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: [email protected]
Website: http://www.bigshareonline.com

IPO Lead Managers:
  • Arihant Capital Markets Ltd
Company Address:
Spectrum Electrical Industries Limited
Plot No. V -195, MIDC Area,
Ajanta Road, Jalgaon - 425 003
Maharashtra
Phone: 0257 2210 192
Email: [email protected]
Website: http://www.spectrum-india.com/

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