IPO

Evans Electric Limited IPO

BSE SME

Offer Date: Apr 30, 2019 - May 3, 2019

₹ 104000 /2000 Shares

IPO Details

30 Apr, 2019

Open Date

03 May, 2019

Close Date

09 May, 2019

Allotment Date

13 May, 2019

Listing Date

Issue Price

Rs 52/- Per Equity Share 

Face Value

Rs 10/- Per Equity Share 

Listing at Group

BSE SME

Registrar

Bigshare Services Private Limited

Market Lot

2000 Shares ( Rs 1,04,000/- )

Lead Manager

HEM SECURITIES LIMITED

Issue Size

Fresh issue of 3,72,000 Equity Shares of Rs 10/- at a price of Rs 52/- per share aggregating to Rs 1.93 Cr

Retail Portion

N/A

Subscription

5,60,000 1.59 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved1,76,0001,76,0003,52,000
Day 1 - 30-04-190 0.00 x6,000 0.03 x6,000 0.02 x
Day 2 - 02-04-1948,000 0.27 x26,000 0.15 x74,000 0.21 x
Day 3 - 03-04-194,62,000 2.62 x98,000 0.56 x5,60,000 1.59 x

Valuations

Earnings Per Share (EPS)

Rs 3.37/-

P/E Ratio

15.40

RoNW

6.55%

Net Asset Value (Post Issue)

Rs 66.57/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
Jinaam's Dress Limited1.5416.8025.37%154.25
TCNS Clothing Co. Limited  4.1547.4611.69%838.49

- Promoter(s)


Company Promoter(s)

  1. Mr. Ivor Anthony Desouza

IPO - Issue Objectives

  1. To Meet the Working Capital Requirements.
  2. General Corporate Purpose.
  3. To Meet the Issue Expenses. 

IPO - FAQs

Ans. Evans Electric Limited IPO is a SME IPO. The issue is priced at Rs 52/- Per Equity Share . The minimum order quantity is 2000 Shares. The IPO opens on Apr 30, 2019, and closes on May 3, 2019. Bigshare Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Evans Electric Limited IPO opens on Apr 30, 2019 and closes on May 3, 2019.

Ans. The size of Evans Electric Limited IPO is Fresh issue of 3,72,000 Equity Shares of Rs 10/- at a price of Rs 52/- per share aggregating to Rs 1.93 Cr.

Ans. The IPO price band is set between Rs 52/- Per Equity Share .

Ans. To apply for Evans Electric Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Evans Electric Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Evans Electric Limited IPO is May 9, 2019.

Ans. The Evans Electric Limited IPO will be listed on May 13, 2019.

Ans. Follow the steps to check the allotment status for Evans Electric Limited IPO here.