| Issue Open | Aug 7, 2015 |
| Issue Close | Aug 11, 2015 |
| IPO Price | ₹640 |
| Face Value | ₹10 |
| IPO Size | ₹273.22 Cr |
| Listing At | BSE, NSE |
| IPO Lot Size | 20 |
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Power Mech Projects IPO Listing Date and Information:
Power Mech Projects Ltd IPO allotment status is now available online.
Power Mech Projects Ltd subscribed 38.12 times. Public Issue of Power Mech was closed for subscription on Aug 11, 2015. Issue subscription detail:
Qualified Institutional Buyers (QIBs): 27.53 times
Non Institutional Investors (NII): 133.22 times
Retail Individual Investors (RIIs): 3.42 times
Shareholders: 1.37 times
Listing date of Power Mech IPO will be available soon.
Power Mech Projects Ltd is entering in the capital markets with an initial public offering, IPO of 4,269,000 Equity Shares of Rs. 10 each. The price band for the issue has been fixed at Rs 615/- at lower level and Rs 640/- at upper level. The minimum bid lot is 20 equity shares and in multiples of 20 equity shares thereafter.
Power Mech Projects Ltd is one of the leading integrated power infrastructure services companies in India providing comprehensive erection, testing and commissioning of boilers, turbines and generators ("ETC-BTG") and balance of plant ("BOP") works, civil works and operation and maintenance (O&M) services.
The issue opens on Aug 07, 2015 and closes for subscription on Aug 11, 2015. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The Power Mech Projects IPO is proposed to open on Aug 7, 2015. The IPO application ends on Aug 11, 2015.
Retail investors can apply in the retail or non-institutional investor category from Aug 7, 2015 to Aug 11, 2015. The Power Mech Projects IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Power Mech Projects IPO will open for subscription on Aug 7, 2015. The public issue will close on Aug 11, 2015.
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