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Servotech Power SME IPO Price Band, Market Lot & Dates Details

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Servotech Power IPO is going to hit market on 9 August, Wednesday. Servotech Power is NSE SME IPO with 15.13 crore size. The company incorporated in 2014 and they are manufacturing inverters, power source products, stabilizers and more. They have business in India, South East Asia, Europe and Middle East. They also manufacture LED bulbs, flood lights, panel lights, tube lights. They also have solar product range. The brand names include Servotech and Saara.

IPO Review:

  • Apply for Listing Gain

Servotech Power IPO Dates & Price Band:

  • IPO Open: 09 August 2017
  • IPO Close: 14 August 2017
  • IPO Size: Approx 15.13 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.31 Per Equity Share
  • Listing on: NSE SME

IPO Market Lot:

  • Shares: Apply for 4,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,24,000

Grey Market Premium:

  • The grey market is around N/A per share.

Subscription Status:

  • IPO Subscribed 0.23 times till 11-August

Servotech Power IPO Allotment Status:

Company Promoters:

    • Mr. Raman Bhatia
    • Ms. Sarika Bhatia

    Quick Links:
    Red Herring Prospectus

    IPO Registrar:
    Bigshare Services Pvt. Ltd
    Phone: 91-22-40430200
    Fax: 91-22-2847 5207
    Email: [email protected]
    Website: http://www.bigshareonline.com

    IPO Lead Managers:

    • Sarthi Capital Advisors Private Limited

    Company Address:
    Servotech Power Systems Ltd
    806, 8th Floor, Crown Heights,
    Hotel Crown Plaza, Sector 10,
    Rohini, New Delhi- 110085
    Phone: +91 11 41117657-60
    Email: [email protected]
    Website: http://www.servotech.in

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