Spectrum Electrical Industries SME IPO Details

Spectrum Electrical Industries is engaged in the business of designing and manufacturing of electrical, automobile and irrigation components as contract manufacturers and as component suppliers to leading industry players on Business-to-Business (B2B) model. The company offers integrated design and manufacturing solutions for local and internationally recognised brands in the electrical products industry. It has developed ability to manufacture most of these products from the concept and design stage up to the final delivery to the customer’s distribution network thereby covering the entire value chain.
It undertakes production and supply of finished products and intermediate-stage products for its customers on contract basis depending upon the demand from them. Spectrum Electrical’s manufacturing units are located at Jalgaon & Nashik in Maharashtra. It also has a commercial tool room with modern infrastructure backed by an experienced team. The company offers comprehensive design services, ranging from product conceptualisation, designing, technical detailing, tooling and productivity improvement services.

IPO Review:
  • Apply for Short and Long Term
Ahlada Engineers IPO Dates & Price Band:
  • IPO Open: 17-September-2018
  • IPO Close: 21-September-2018
  • IPO Size:  Rs. 25.87 crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.65 Per Equity Share
  • Listing on: NSE SME
  • Shares: 39,80,000 
  • Retail Portion: 50%
IPO Market Lot:
  • Shares: Apply for 2,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,30,000
IPO Allotment & Listing:
  • Basis of Allotment: September-2018
  • Refunds: September-2018
  • Credit to demat accounts: September-2018
  • Listing: September-2018
Financial Results:
  Rs. in Crore
RevenueExpensePAT
20140.000.05-0.05
20150.140.110.02
20162.161.780.30
20176.605.930.53
2018119.83111.735.90
Company Promoters:
  • Mr Dipak Chaudhari
IPO Registrar:
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200

Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com


IPO Lead Managers:

  • Arihant Capital Markets Limited
Company Address:
Spectrum Electrical Industries Limited
Plot No. V -195, 
MIDC Area, 
Ajanta Road, 
Jalgaon- 425 003.  
Phone : +91 0257 2210 192, 
Email: sarita.zamwar@spectrum-india.com 
Website: www.spectrum-india.com
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