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.
Company Promoters:The following individuals are the Promoters of the Company:
1. Mr. Shyam Sunder Mundra2. Mr. Vikalp Mundra3. Mr. Anurag Mundra
Objects of the Issue:The objects of the Issue are:
1. To set up our new grid connected 4 MWp solar photovoltaic power plant at Village Gagorni, Distt. Rajghar, Madhya Pradesh; and2. To meet General corporate purpose.
»» Issue Open: Sep 28, 2011 - Oct 5, 2011
M and B Switchgears IPO Grading
ICRA has assigned an IPO Grade 2 to M and B Switchgears IPO. This means as per CARE, company has 'Below Average Fundamentals'. ICRA assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read M and B Switchgears IPO Report
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M and B Switchgears IPO Reviews:
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M and B Switchgears IPO Listing Date
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M and B Switchgears IPO Messages (M and B Switchgears IPO Comments)
I had a good time in this share listing.
what is the allotment ratio for minimum shares subscription in this share?
WHAT IS THE ALLOTMENT RATIO FOR MINIMUM SUBSCRIPTION FOR THIS SHARE???
M&B is like PG electro it will 500 then fall at 200....so be active. it is good for make money..with stoploss...and in heave fall or heave upward stoploss and target will not work
good show but the experts are sleeping after the vasvani episode made people loose money
Exit Exit Exit Start falling....
Remember my post, told u 2 c rate of M B at 3'o clock on listing day.
SKDash jee, one morthing about ventura-It does not support BTST because shaaare got creadited inti a/c on t+2 day
Alloted 1 lot in IPO and sold at 300...after long time earned a bit in IPO.....
Recent listings shows how futile to apply for Junk IPO's to make money. It may appear we will make money with small IPO's by wild swings on both sides, but in practise it is very difficult to do it.
Jackpot, when those 2 are getting listed?
SkDash jee , I think OCT IPO Story over now.
Now only Traders or Traditional Investor cum Trader(Who never sell any share with book loss and make long positian on it like one of my uncle who buy 100 taksheel at 113 and put sell order at 119 which is not executed and it makes new low but he dont sell it at 105-95-80-65-45-40 level and wait for tgt 150.buy for trade -not put sl-if loss invest on it) make profit in IPO.IPO now not gives listing gain(on opening bell).So why we should apply IPOs and make It successful.Who buys m&B between 179 to 121 and sell above 186 to 355 make profit but who apply 186 and sell between 179 to 121 books loss and if he short it for recover loss book more lose.
Bought at opening @ 175 ...booked loss at 150...against bought at 185...sold @ 320...total profit 10k...
Faced a thrilling in MB:-)endup up with 8200 profit..covered my shorts around 171..then bought again..wooooooo.......long breath after finishing tday's trade..
Completely missed MBSwitch today. Computer motherboard got fried. By the time I got a friends computer, it's all over.
M&B works reverse that we thought.Thanks God i have not shorted.
operator garibo ka khoon chus gaya
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