• Sensex   38340.64   213.56  sensex_up_arr
  • Nifty   11366.60   61.55   sensex_up_arr
  • Bank Nifty   28329.15   1.02   sensex_up_arr
  • BSE Midcap   13885.42   0.76  sensex_up_arr
  • USDINR   71.10   -0.07   sensex_dwn_arr
logo
PRAVIN RATILAL SHARE
AND STOCK BROKERS LTD
Member :    NSE   |   BSE   |   DP : NSDL
IPO Synopsis
Home >> IPO >> IPO Synopsis
Marine Electricals (India) Ltd
Registered Office:
B/1 Udyog Sadan No 3,MIDC Andheri (East),
Mumbai - 400093,
Maharashtra, India.
Public issue of 64,96,000 equity shares of (Rs) 10 each ("equity shares") of Marine Electricals (India) Limited ("meil" or the "company") for cash at a price of (Rs) 66 per share (the "issue price"), aggregating to (Rs) 42.87 Crores ("the issue"), of which 3,36,000 equity shares of (Rs) 10 each will be reserved for subscription by market makers to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 61,60,000 equity shares of (Rs) 10 each is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.48% and 25.11%, respectively of the post issue paid up equity share capital of the company. The face value of equity shares of (Rs)10 each. The issue price is (Rs)66 per equity share, which is 6.6 times of the face value of the equity share.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
28-Sep-18
03-Oct-18
66.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
42.87
Aryaman Financial Services Ltd
Project Financed through Current Offer
42.87
 
Post Issue Equity Share Capital
24.53
 
Issue Price
66.00
 
Projects
Working Capital Requirements
General Corporate Purposes
Promoted By
Vinay Uchil
Venkatesh Uchil
KDU Enterprises Pvt Ltd
Listing At
NSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd
Adani Ports & Special Economic Zone Ltd     409.10   Up   0.05 (0.01%)   Asian Paints Ltd     1,796.40   Up   6.15 (0.34%)   Axis Bank Ltd     686.50   Up   13.80 (2.05%)   Bajaj Auto Ltd     2,950.70   Up   51.90 (1.79%)   Bajaj Finance Ltd     3,939.80   Down   -33.40 (-0.84%)   Bajaj Finserv Ltd     8,174.75   Up   5.30 (0.06%)   Bharat Petroleum Corporation Ltd     490.20   Up   2.20 (0.45%)   Bharti Airtel Ltd     385.50   Up   2.60 (0.68%)   Bharti Infratel Ltd     258.40   Up   0.25 (0.10%)   Britannia Industries Ltd     3,098.00   Up   16.05 (0.52%)   Cipla Ltd     437.30   Down   -4.05 (-0.92%)   Coal India Ltd     189.35   Up   0.30 (0.16%)   Dr Reddys Laboratories Ltd     2,655.00   Up   3.60 (0.14%)   Eicher Motors Ltd     18,276.00   Up   74.85 (0.41%)   GAIL (India) Ltd     124.10   Down   -0.85 (-0.68%)   Grasim Industries Ltd     698.35   Up   6.95 (1.01%)   HCL Technologies Ltd     1,096.05   Up   16.55 (1.53%)   HDFC Bank Ltd     1,212.40   Up   13.60 (1.13%)   Hero Honda Motors Ltd     2,612.40   Up   14.55 (0.56%)   Hindalco Industries Ltd     188.70   Up   1.50 (0.80%)   Hindustan Unilever Ltd     2,017.20   Up   12.55 (0.63%)   Housing Development Finance Corporation Ltd     2,019.45   Up   9.30 (0.46%)   ICICI Bank Ltd     431.20   Up   2.65 (0.62%)   Indian Oil Corporation Ltd     146.35   Up   2.95 (2.06%)   IndusInd Bank Ltd     1,251.80   Up   28.60 (2.34%)   Infosys Technologies Ltd     790.00   Down   -24.80 (-3.04%)   ITC Ltd     244.80   Up   0.85 (0.35%)   JSW Steel Ltd     222.00   Up   4.75 (2.19%)   Kotak Mahindra Bank Ltd     1,592.50   Up   4.75 (0.30%)   Larsen & Toubro Ltd     1,432.70   Up   5.00 (0.35%)   Mahindra & Mahindra Ltd     559.55   Down   -0.55 (-0.10%)   Maruti Suzuki India Ltd     6,716.00   Up   17.10 (0.26%)   Nestle India Ltd     14,105.00   Up   72.60 (0.52%)   NIFTY (S&P CNX)     11,366.60   Up   61.55 (0.54%)   NTPC Ltd     116.60   Down   -0.10 (-0.09%)   Oil & Natural Gas Corpn Ltd     134.25   Up   5.25 (4.07%)   Power Grid Corporation of India Ltd     199.90   Down   -1.10 (-0.55%)   Reliance Industries Ltd     1,360.45   Up   7.85 (0.58%)   State Bank of India     257.05   Up   2.50 (0.98%)   Sun Pharmaceuticals Industries Ltd     394.95   Up   8.65 (2.24%)   Tata Consultancy Services Ltd     2,020.30   Up   33.45 (1.68%)   Tata Motors Ltd     128.00   Up   6.70 (5.52%)   Tata Steel Ltd     348.50   Up   9.50 (2.80%)   Tech Mahindra Ltd     723.15   Up   1.70 (0.24%)   Titan Company Ltd     1,246.80   Up   3.20 (0.26%)   UltraTech Cement Ltd     4,148.00   Up   70.80 (1.74%)   UPL Ltd     587.20   Down   -2.65 (-0.45%)   Vedanta Ltd     151.30   Up   4.25 (2.89%)   Wipro Ltd     243.25   Up   3.80 (1.59%)   Yes Bank Ltd     39.40   Down   -0.20 (-0.51%)   Zee Entertainment Enterprises Ltd     241.30   Down   -1.20 (-0.49%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com

Want Us to Call You?