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Power & Instrumentation Gujarat IPO Price Band, Market Lot, Dates, Allotment & Subscription Details

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Power & Instrumentation Gujarat Ltd incorporated in 1983 based in Gujarat. The company is taking contracts of services in electrical, mechanical and instrumentation enginnering. The company is doing business in private sectors and bidding in government and semi govenment projectsion. They executed Sardar Vallabhbhai Patel International Airport, Ahmedabad, Raja Bhoj Airport, Bhopal, U N Mehta Hospital, Ahmedabad, Secretariat Building, Naya Raipur, YMCA Club, Ahmedabad etc. The company has orders of other companies from Bhopal, Haryana, Goa, Nagpur, Mumbai, Ajmer, Mumbai, Jammu, Ahmedabad and more. They have private and government projects in the said cities. Power & Instrumentation Gujarat ipo is starting from 11 April and ends on 13 April. The price band is around Rs.33 with 4000 market lot. The ipo size is around 6.15 crore rupees.

IPO Review:

  • Apply with Long Term Gain

Power & Instrumentation Gujarat IPO Dates & Price Band:

  • IPO Open: 11 April 2018
  • IPO Close: 13 April 2018
  • IPO Size: Approx Rs 06.15 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.33 Per Equity Share
  • Listing on: NSE SME
  • Shares: 1,864,000
  • Retail Portion: 50%

IPO Market Lot:

  • Shares: Apply for 4,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,32,000

IPO Allotment & Listing:

  • Basis of Allotment: 19-April-2018
  • Refunds: 20-April-2018
  • Credit to demat accounts: 23-April-2018
  • Listing: 24-April-2018
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Financial Results:

Rs. in Crore

Grey Market Premium:

  • The grey market is around Rs.3000 Subject to Sauda.

Power & Instrumentation Gujarat IPO Subscription Status:

  • IPO Subscribed 9.73 times overall

Power & Instrumentation Gujarat IPO Allotment Status:

Company Promoters:

  • Mr. Padmaraj Padmnabhan Pillai
  • Mrs. Padmavati Padmanabhan Pillai

Quick Links:
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IPO Registrar:
Skyline Financial Services Private Ltd
Phone: +91 – 11 – 2681
Fax: +91 – 11 – 30857562
Email: [email protected]
Website: http://www.skylinerta.com
IPO Lead Managers:

  • Navigant Corporate Advisors Ltd

Company Address:
Power & Instrumentation (Gujarat) Limited
A/1, Sixth Floor, Safal Profitaire,
Near Krishna Bunglows, 100 Ft. Road
Prahladnagar, Ahmedabad- 380015
Phone: +91 79-40051222
Fax: +91 79-40051222
Email: [email protected]

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