PG Electroplast Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,872,500 (50%) | — | ₹6,032 Cr |
| NII (HNI) | — | 861,750 (15%) | — | ₹1,810 Cr |
| Retail | — | 2,010,750 (35%) | — | ₹4,223 Cr |
| Σ Total | — | 5,745,000 (100%) | — | ₹120,645 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 | ₹6,300 |
| Retail (Max) | 13 | 390 | ₹81,900 |
| S-HNI (Min) | 14 | 420 | ₹88,200 |
| B-HNI (Min) | 67 | 2,010 | ₹422,100 |
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 Prepayment of the portion of term loan and line of credit facility proposed to be availed by the Company for the expansion under Phase I – 241.00
- 2 Expansion of our manufacturing facility at Unit III, Greater Noida under Phase II – 138.38
- 3 Expansion of our manufacturing facility at Unit IV, Ahmednagar under Phase II – 373.05
- 4 Meeting long term working capital requirements – 150.00
- 5 General corporate purposes – 213.95
Company Overview
Incorporated in 2003, PG Electroplast Ltd is in the business of Electronic Manufacturing Services (EMS). Company manufactures verity of electronic component and finished goods for Original Equipment Manufacturers (OEMs) of consumer electronic products in India
Broadly PG Electroplast manufactures products as color television sets (CTV) & components, air conditioners sub-assemblies, DVD players, water purifiers and Compact Fluorescent Lamps (CFL) for third parties. PG Electroplast also do plastic injection moulding and manufacture Printed Circuit Boards (PCB) assemblies for CTVs, DVD players and CFL.
Company has four operational manufacturing facilities located at Greater Noida in Uttar Pradesh, at Roorkee in Uttrakhand, and at Ahmednagar in Maharshtra.