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Shri Ram Switchgears Limited IPO (Shri Ram Switchgears IPO) Detail

May 25, 2017 - May 30, 2017

Incorporated in 1985, Shri Ram Switchgears Limited is engaged in the engineering and manufacturing of Electrical products. They manufacture Transformers (EHV, Power, Distribution, and Special Application) upto 5 mVA - 132 kV Class as well as Oil Type Compact Sub-Stations.

They also manufacture full range of HT & LT switchgears from Distribution boards to Distribution Boxes, Control and Relay Panel, Feeder Pillars, ACB Boxes, Single Phase Boxes, MCB & MCCB panels, Junction Boxes, A.C./D.C. Boards and other related products. They undertake EPC contracts in the Power Transmission and Distribution sector covering the full range from design and engineering to testing and commissioning of electrical substations and transmission lines.

Company's customers are majorly the Power DISCOMs (Distribution Companies). They cover the states of Maharashtra, Rajasthan, Gujarat, Madhya Pradesh, Delhi, Odisha, Uttar Pradesh for supply of their products and services. Their customer base includes Maharashtra State Electricity Board- Mumbai, B.E.S.T. – Mumbai, Reliance Energy Ltd – Delhi & Mumbai, B.S.E.S. Ltd – Mumbai, Delhi & Orrisa etc.

Company Promoters:

The promoters of the company are:

1. Mr. Nilesh Kumar Jhalani
2. Mr. Rohit Kumar Jhalani and
3. Mr. Devraj Jhalani

Objects of the Issue:

The objects of the Issue are:

1. To meet the working capital requirements of the Company including margin money;
2. Issue Expenses.

Issue Detail:

  »»  Issue Open: May 25, 2017 - May 30, 2017
  »»  Issue Type: Fixed Price Issue IPO
  »»  Issue Size: 2,670,000 Equity Shares of Rs 10 aggregating up to Rs 5.07 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 19 Per Equity Share
  »»  Market Lot: 6000 Shares
  »»  Minimum Order Quantity: 6000 Shares
  »»  Listing At: NSE SME

Shri Ram Switchgears IPO Reviews:

  1. Shri Ram Switchgears Limited IPO review by Dilip Davda

Shri Ram Switchgears IPO Prospectus

Shri Ram Switchgears IPO Rating

56
3.7
Rating:Rated 3.7 stars

Vote Here ...

Shri Ram Switchgears IPO News Alerts

  1. Tuesday, May 30, 2017 12:00:00 AM
    Shri Ram Switchgears Limited IPO - Close
  2. Thursday, May 25, 2017 12:00:00 AM
    Shri Ram Switchgears Limited IPO - Open

Company Contact Information

Shri Ram Switchgears Limited
Shri Ram Bhawan,
Goushala Road,
Ratlam, Madhya Pradesh - 457001
Phone: +91 7412 235554
Fax: +91 7412 231095
Email: info@shriramswitchgears.com
Website: http://www.shriramswitchgears.com

Shri Ram Switchgears IPO Registrar

Bigshare Services Pvt. Ltd   »  Report
   Bigshare Services Pvt Ltd E-2 & 3,
   Ansa Industrial Estate, Saki-Vihar Road,
   Sakinaka, Andheri(E), Mumbai - 400 072

Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Shri Ram Switchgears IPO Lead Manager(s)

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Shri Ram Switchgears IPO Review / Comments

avatar
9. ASHISH KUMAR JAIN  May 23, 2017 2:02:51 PM IST I Like It. | Report Abuse Reply
This Ipo lead manager sarthi capital lead managers past issue is very good so plz confirm GMP this ipo(Shri Ram Switchgears)
avatar
8. viki  May 22, 2017 8:51:56 AM IST I Like It. | Report Abuse Reply
We can invest for listing gains. It is a small issue at small price.
avatar
7. Raju Bhai  May 19, 2017 10:35:02 PM IST I Like It. | Report Abuse Reply
We are interested in GMP only. applied or not ?
avatar
6. Prabhakaran Kuppusamy  May 19, 2017 2:03:58 PM IST I Like It. 1 | Report Abuse Reply
Hi Dipaq,
In prospectus they accounted only earnings/numbers for the year ended March 31, 2016 (current fiscal is not included).
But Davda has also accounted current fiscal numbers till 28.02.17.
That''''s why we can see the difference.
Look at page 203 in RHP, we can see 2016 EPS as 1.16 and 2017 EPS as 2.41.
Because of this (and several other financial ratios), the P/E shown in RHP is twice than that of Davda''''s.
It''''s closest peer is Star Delta Transformers, which is available at (current) P/E of 12.83 and P/B of 1.13
Courtesy: http://www.way2wealth.com/company-information/ratio/star-delta-transformers-ltd
avatar
5. DIPAQ  May 19, 2017 12:22:53 PM IST I Like It. | Report Abuse Reply
As per our reviewer Shri.Dawda PE of this co is 9 aprox., but as per company prospectus it is aprox 16. Pls. clerify........
avatar
5.1. Prabhakaran Kuppusamy  May 19, 2017 2:02:15 PM IST I Like It. | Report Abuse
In prospectus they accounted only earnings/numbers for the year ended March 31, 2016 (current fiscal is not included).
But Davda has also accounted current fiscal numbers till 28.02.17.
That''s why we can see the difference.
Look at page 203 in RHP, we can see 2016 EPS as 1.16 and 2017 EPS as 2.41.
Because of this (and several other financial ratios), the P/E shown in RHP is twice than that of Davda''s.
It''s closest peer is Star Delta Transformers, which is available at (current) P/E of 12.83 and P/B of 1.13
Courtesy: Way2Wealth
avatar
4. Prabhakaran Kuppusamy  May 19, 2017 12:00:16 PM IST I Like It. 3 | Report Abuse Reply
Last 3 issues lead by Sarthi are Focus Lighting And Fixtures Ltd., M K Proteins Ltd., and InfoBeans Technologies Ltd.
They gave listing (day-high) gain of 20%, 3% and 20%.
Current gain is 183%, 2% and 23%.
So Sarthi has good track-record for this calendar year.
avatar
3. Prabhakaran Kuppusamy  May 19, 2017 11:56:11 AM IST I Like It. | Report Abuse Reply
Capital History:
Year Equity Capital Remarks
201701      7.340565 Bonus Issue
201602      4.89371        Rights Issue
201503      4.88261        Rights Issue
201502      3.98261        Rights Issue
201312      3.33761        further allotment
201103      2.83761        further allotment
200707      0.98761        further allotment
200503      0.19861        further allotment
198909      0.06701        further allotment
198810      0.05851        further allotment
198705      0.01911        further allotment
198604      0.00581        further allotment
198512      0.00341        further allotment
198511      0.00191        further allotment
198511      0.00241        further allotment
198511      0.00291        further allotment
198509      0.00006        Subscriber to MOA
avatar
2. IM AK  May 19, 2017 9:45:57 AM IST I Like It. | Report Abuse Reply
Gmp plz
avatar
1. IM AK  May 19, 2017 9:44:06 AM IST I Like It. | Report Abuse Reply
Gmp plz
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