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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

Issue Subscription Detail / Current Bidding Status

Number of Bids Received
As on Date & TimeQIBNIIRIITotal
Shares Offered / Reserved
Day 1 - May 25, 2017 17:00 IST09960002280001224000
Day 2 - May 26, 2017 17:00 IST013020008760002178000
Day 3 - May 29, 2017 17:00 IST025200001720800019728000

Shri Ram Switchgears IPO Prospectus

Shri Ram Switchgears IPO Rating

165
3.8
Rating:Rated 3.8 stars

Vote Here ...

Shri Ram Switchgears IPO Listing Date

  •   ›  Listing Date: Wednesday, June 7, 2017
  •   ›  BSE Script Code:
  •   ›  NSE Symbol: SRIRAM
  •   ›  Listing In:
  •   ›  ISIN: INE634W01012
  •   ›  Issue Price: Rs 19 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price:
Open:
Low:
High:
Last Trade:
Volume:
NSE SME
Issue Price:Rs 19.00
Open:Rs 22.80
Low:Rs 22.80
High:Rs 22.80
Last Trade:Rs 22.80
Volume:66,000

Shri Ram Switchgears IPO News Alerts

  1. Wednesday, June 7, 2017 12:00:00 AM
    Shri Ram Switchgears Limited IPO - Listing
  2. Tuesday, May 30, 2017 12:00:00 AM
    Shri Ram Switchgears Limited IPO - Close
  3. 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
100. DSR  Jul 14, 2017 11:26:05 AM IST I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Sold whatever was left with at 648. Now I am all out. All the best to everyone who is still holding.

First ever IPO allotment for me. Definitely a very good learning experience. I am talking about not just getting allotment and selling but the overall IPO market.

How sometimes buying in secondary market can also be beneficial in case we didn''t get in the first place. Just keep looking and observing!

Thanks to all the mentors, and Gurus of this forum._/\_

Cheers!
avatar
99. kumar babu  Jul 14, 2017 11:17:36 AM IST I Like It. | Report Abuse
SHANKARA also same story, bull run over...
avatar
98. Arpit Badaya  Jul 10, 2017 10:12:55 AM IST I Like It. | Report Abuse
Sold 21@439
avatar
97. ARATII  Jun 27, 2017 10:41:17 AM IST I Like It. | Report Abuse
SHORT AT RS 265
avatar
97.1. Mohammad Hirani  Jul 2, 2017 4:36:51 AM IST I Like It. 1 | Report Abuse
what does this exactly mean ?
avatar
96. ARATII  Jun 29, 2017 9:40:17 AM IST I Like It. | Report Abuse
short it be careful
keep strict stop loss
avatar
95. Hritesh  Jun 20, 2017 12:45:41 PM IST I Like It. | Report Abuse
Why is prices so low. where as it was oversubscribed so huge
avatar
94. Mohammad Hirani  Jun 14, 2017 3:40:53 PM IST I Like It. | Report Abuse
Any short term target???
avatar
93. CA M&co.Jodhpur  Jun 6, 2017 10:39:29 AM IST I Like It. 4 | Report Abuse
Good opening expected
avatar
93.2. Mohammad Hirani  Jun 14, 2017 3:41:56 PM IST I Like It. | Report Abuse
Amy short term target in current scenario??
avatar
93.3. Mohammad Hirani  Jun 15, 2017 3:04:28 PM IST I Like It. | Report Abuse
Sir plz tell any target for short term, shouldI hold or sell it??
avatar
92. DHARMESH M VIRADIYA  Jun 8, 2017 11:17:05 PM IST I Like It. | Report Abuse
Any short time target ???
avatar
91. Yashesh  Jun 5, 2017 9:48:30 AM IST I Like It. | Report Abuse
Listing date is Wednesday, 7th June.
avatar
91.1. HARDIK BABARIA  Jun 5, 2017 5:01:32 PM IST I Like It. | Report Abuse
from which site we can see this?
avatar
90. K  Jun 3, 2017 10:27:52 AM IST I Like It. | Report Abuse
REFUND DATE???
TODAY???
avatar
90.1. DarkHorse  Jun 5, 2017 10:58:42 AM IST I Like It. | Report Abuse
which bank?
avatar
89. DarkHorse  Jun 5, 2017 10:45:59 AM IST I Like It. | Report Abuse
Anyone applied through icici got their money refund??
avatar
88. Naresh Goswami  Jun 3, 2017 9:30:14 PM IST I Like It. | Report Abuse
Which price will expect on listing date
avatar
88.1. Yashesh  Jun 5, 2017 9:48:57 AM IST I Like It. | Report Abuse
It is most likely to open at circuit limit of 20%
avatar
87. papon  Jun 3, 2017 2:44:24 PM IST I Like It. 1 | Report Abuse
Account debited Rs 114000 today, fund unlien also done for unsuccessful applications, union bank
avatar
87.8. jagadish abbigeri  Jun 4, 2017 6:56:41 PM IST I Like It. | Report Abuse
Where u find listing date, Link Plz....
avatar
87.9. papon  Jun 4, 2017 8:22:30 PM IST I Like It. | Report Abuse
As per SEBI rules it is mandatory to get list on 6th working day after issues closes. So 7th June is 6th working day after issue closes on 30/5/17.
avatar
86. CA M&co.Jodhpur  Jun 4, 2017 4:59:56 PM IST I Like It. | Report Abuse
Next SME IPO ?
avatar
85. Komall  Jun 3, 2017 1:50:22 PM IST I Like It. 1 | Report Abuse
0 out of 11 :( :(
Bad luck.. Not getting SME allotment !!
avatar
84. suraj kumar patro  Jun 2, 2017 11:18:53 PM IST I Like It. | Report Abuse
How do I know , I got the alotemen or not
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84.1. papon  Jun 3, 2017 4:40:21 AM IST I Like It. | Report Abuse
Go to bigshare website, search by pan or application no or client Id , its simple
avatar
83. Yash Modi  Jun 3, 2017 12:05:04 AM IST I Like It. | Report Abuse
0 out of 4
Bad luck
avatar
82. papon  Jun 2, 2017 10:25:23 PM IST I Like It. | Report Abuse
Applied first time in SME IPO & got allotment. What can be expected on listing day?
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82.1. suraj kumar patro  Jun 2, 2017 11:19:34 PM IST I Like It. | Report Abuse
App ko sms aya kya
avatar
81. papon  Jun 2, 2017 10:22:29 PM IST I Like It. 1 | Report Abuse
Allotted 1/3
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