Pulz Electronics Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 344,000 (47%) | — | ₹186 Cr |
| Retail | — | 344,000 (47%) | — | ₹186 Cr |
| Market Maker | — | 38,000 (5%) | — | ₹2 Cr |
| Σ Total | — | 726,000 (100%) | — | ₹3,920 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 | 2,000 | ₹108,000 |
| Retail (Max) | 13 | 26,000 | ₹1,404,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,512,000 |
| B-HNI (Min) | 67 | 134,000 | ₹7,236,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30-Jun-2017 | 31-Mar-2017 | 31-Mar-2016 |
|---|---|---|---|
| Revenue | 386 | 1,385 | 1,307 |
| Profit After Tax | 40 | 134 | 30 |
| Net Worth | 423 | 383 | 249 |
| Total Assets | 1,161 | 1,148 | 897 |
| Reserves & Surplus | 223 | 183 | 199 |
| Total Borrowing | 154 | 151 | 170 |
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
- Acquisitions and Other Strategic Initiatives – 2.51
- General Corporate purposes – 0.96
- Issue expenses – 0.45
Company Overview
Incorporated in 2005, Pulz Electronics is involve in development and manufacturing of high quality audio system and solution using Co-Axial technology and line array based speaker systems for the cinema, Pro Audio, Studio and Home Audio Industries such as Co-Axial Surround Speaker, Hi Power and in wall Subwoofers, Hi Power Co-Axial Speakers etc.
Pulz Electronics manufactures sound systems, which predominantly includes speakers and amplifiers. The company also imports and sells certain special types of amplifiers from China. The company also undertakes annual maintenance contracts for audio systems.
Pulz Electronics has a manufacturing facility located on the outskirts of Mumbai at Palghar, along with a large warehousing facility which is well stocked with off-the-shelf Pulz products. The warehouse enables ultra-fast turnaround times for projects that require equipment at a shorter notice.