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Pulz Electronics Ltd. Logo

Pulz Electronics Ltd. IPO

Closed Bookbuilding IPO NSE SME Fresh Capital
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Issue Price ₹54
GMP —
Lot Size 2,000
Face Value ₹10
Issue Size 726,000 shares (aggregating up to ₹4 Cr)
Subscription —

IPO Timeline

Open Date14-Nov-17
Close Date16-Nov-17
Allotment-
Refund Initiation-
Demat Credit-
UPI Mandate Deadline16-Nov-17
Listing Date24-Nov-17

Category-wise Subscription

Shares offered, bid & amount
CategorySub (x)OfferedBid ForAmt (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

Issue Price / Price Band₹54
Face Value₹10
Lot Size2,000 shares
Issue Size726,000 shares (aggregating up to ₹4 Cr)
Issue TypeBookbuilding IPO
Listing ExchangeNSE SME
Sale TypeFresh Capital
Script CodePULZ-SM
Net Offer to Public688,000 shares (aggregating up to ₹4 Cr)
Amount In₹ Lakhs
Stock Price History · NSE
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Minimum Investment (Lot-wise)

CategoryLotsSharesAmount (₹)
Retail (Min)12,000₹108,000
Retail (Max)1326,000₹1,404,000
S-HNI (Min)1428,000₹1,512,000
B-HNI (Min)67134,000₹7,236,000
Retail1 lot(s)2,000 shares₹108,000
S-HNI2 lot(s)4,000 shares₹216,000

Shareholding Pattern

Pre-Issue Shareholding2,000,000 shares%
Post-Issue Shareholding2,726,000 shares%
Reserved for Market Maker38,000 shares (aggregating up to ₹0 Cr)

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

ROE—
ROCE—
RONW—
PAT Margin—
EBITDA Margin—
Debt/Equity—
P/BV—
Pre EPS—
Post EPS—
Pre P/E—
Post P/E—

Grey Market Premium (GMP)

— Current 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.

Company Information

AddressKailashpati, 2nd Floor, Plot No. 10A, Veera Desai Road, Andheri (West), Mumbai 400053 Andheri, Maharashtra