M & B Switchgears Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,500,000 (50%) | — | ₹4,650 Cr |
| NII (HNI) | — | 750,000 (15%) | — | ₹1,395 Cr |
| Retail | — | 1,750,000 (35%) | — | ₹3,255 Cr |
| Σ Total | — | 5,000,000 (100%) | — | ₹93,000 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 30 | ₹5,580 |
| Retail (Max) | 13 | 390 | ₹72,540 |
| S-HNI (Min) | 14 | 420 | ₹78,120 |
| B-HNI (Min) | 67 | 2,010 | ₹373,860 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-11 | 31-Mar-10 | 31-Mar-09 |
|---|---|---|---|
| Revenue | 3,528 | 3,750 | 2,658 |
| Profit After Tax | 79 | 93 | 42 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To set up our new grid connected 4 MWp solar photovoltaic power plant at Village Gagorni, Distt. Rajghar, Madhya Pradesh; and –
- 2 To meet General corporate purpose –
Company Overview
Incorporated in 1999, M and B Switchgears Ltd is engaged in manufacturing of distribution transformers, power transformers, furnace/rectifier transformers and special purpose transformers.
Company is in business of manufacturing transformers for more than 30 years and is a preferred supplier of quality transformers. Company's existing annual production capacity in terms of KVA is 75,000 KVA of transformer per month on single shift basis and annual aggregate capacity is 9,00,000 KVA per annum. M and B have capacity to manufactures 5,109 transformers per annum. Company's client base include almost all electricity boards, reputed industrial groups which include steel, power, pharma, textile, automobile etc., public sector companies like NCL, SECL, WCL, Ordanace factory & various other government utilities.