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.

Shri Ram Switchgears IPO Details

IPO DateMay 25, 2017 - May 30, 2017
Issue TypeFixed Price Issue IPO
Issue Size2,670,000 Eq Shares of ₹10
(aggregating up to ₹5.07 Cr)
Face Value₹10 Per Equity Share
IPO Price₹19 Per Equity Share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtNSE SME

Shri Ram Switchgears IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum16000₹114,000
Maximum16000₹114,000

Shri Ram Switchgears IPO Subscription Status (Bidding Detail)

Shri Ram Switchgears IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Employee

Others

Total

Shares Offered

-

-

-

-

-

-

May 29, 2017 17:00

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 DateWednesday, June 7, 2017
BSE Script Code
NSE SymbolSRIRAM
Listing In
ISININE634W01012
IPO Price₹19 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

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

Shri Ram Switchgears IPO Reviews / Ratings

Company Contact Information

Shri Ram Switchgears Limited
Shri Ram Bhawan,
Goushala Road,
Ratlam, Madhya Pradesh - 457001

Phone: +91 7412 235554
Email: info@shriramswitchgears.com
Website: http://www.shriramswitchgears.com

Shri Ram Switchgears IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Shri Ram Switchgears IPO FAQs

  1. 1. What is Shri Ram Switchgears IPO?

    Shri Ram Switchgears IPO is a SME IPO of 2,670,000 equity shares of the face value of ₹10 aggregating up to ₹5.07 Crores.

    The issue price of the IPO is ₹19 Per Equity Share. The minimum order quantity is 6000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on May 25, 2017 and closes on May 30, 2017.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

  2. 2. When Shri Ram Switchgears IPO will open?

    The Shri Ram Switchgears IPO opens on May 25, 2017 and closes on May 30, 2017.

  3. 3. How to apply for Shri Ram Switchgears IPO?

    Shri Ram Switchgears IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Shri Ram Switchgears IPO allotment?

    The finalization of Basis of Allotment for Shri Ram Switchgears IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Shri Ram Switchgears IPO allotment status.

  5. 5. When is Shri Ram Switchgears IPO listing date?

    The Shri Ram Switchgears IPO listing date is on Wednesday, June 7, 2017, at NSE SME.
  6. 6. What is the lot size of Shri Ram Switchgears IPO?

    Shri Ram Switchgears IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.

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Shri Ram Switchgears IPO Review / Comments

DSR
100. DSR  Jul 14, 2017 11:26
Top Contributor Top Contributor (300+ 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!
kumar babu
99. kumar babu  Jul 14, 2017 11:17
SHANKARA also same story, bull run over...
Arpit Badaya
98. Arpit Badaya  Jul 10, 2017 10:12
Sold 21@439
ARATII
97. ARATII  Jun 27, 2017 10:41
SHORT AT RS 265
Mohammad Hirani
97.1. Mohammad Hirani  Jul 2, 2017 04:36
what does this exactly mean ?
ARATII
96. ARATII  Jun 29, 2017 09:40
short it be careful
keep strict stop loss
Hritesh
95. Hritesh  Jun 20, 2017 12:45
Why is prices so low. where as it was oversubscribed so huge
Mohammad Hirani
94. Mohammad Hirani  Jun 14, 2017 15:40
Any short term target???
CA M&co.Jodhpur
93. CA M&co.Jodhpur  Jun 6, 2017 10:39
Good opening expected
Mohammad Hirani
93.2. Mohammad Hirani  Jun 14, 2017 15:41
Amy short term target in current scenario??
Mohammad Hirani
93.3. Mohammad Hirani  Jun 15, 2017 15:04
Sir plz tell any target for short term, shouldI hold or sell it??
DHARMESH M VIRADIYA
92. DHARMESH M VIRADIYA  Jun 8, 2017 23:17
Any short time target ???
Yashesh
91. Yashesh  Jun 5, 2017 09:48
Listing date is Wednesday, 7th June.
HARDIK BABARIA
91.1. HARDIK BABARIA  Jun 5, 2017 17:01
from which site we can see this?
K
90. K  Jun 3, 2017 10:27
REFUND DATE???
TODAY???
DarkHorse
90.1. DarkHorse  Jun 5, 2017 10:58
which bank?
DarkHorse
89. DarkHorse  Jun 5, 2017 10:45
Anyone applied through icici got their money refund??
Naresh Goswami
88. Naresh Goswami  Jun 3, 2017 21:30
Which price will expect on listing date
Yashesh
88.1. Yashesh  Jun 5, 2017 09:48
It is most likely to open at circuit limit of 20%
papon
87. papon  Jun 3, 2017 14:44
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Account debited Rs 114000 today, fund unlien also done for unsuccessful applications, union bank
jagadish abbigeri
87.8. jagadish abbigeri  Jun 4, 2017 18:56
Where u find listing date, Link Plz....
papon
87.9. papon  Jun 4, 2017 20:22
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
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.
CA M&co.Jodhpur
86. CA M&co.Jodhpur  Jun 4, 2017 16:59
Next SME IPO ?
Komall
85. Komall  Jun 3, 2017 13:50
0 out of 11 :( :(
Bad luck.. Not getting SME allotment !!
suraj kumar patro
84. suraj kumar patro  Jun 2, 2017 23:18
How do I know , I got the alotemen or not
papon
84.1. papon  Jun 3, 2017 04:40
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Go to bigshare website, search by pan or application no or client Id , its simple
Yash Modi
83. Yash Modi  Jun 3, 2017 00:05
0 out of 4
Bad luck
papon
82. papon  Jun 2, 2017 22:25
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Applied first time in SME IPO & got allotment. What can be expected on listing day?
suraj kumar patro
82.1. suraj kumar patro  Jun 2, 2017 23:19
App ko sms aya kya
papon
81. papon  Jun 2, 2017 22:22
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Allotted 1/3






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