Evans Electric Limited SME IPO Details

Evans Electric Limited incorporated in 1951 based in Mumbai. The company is India's first electric motor, generator and transformer, rewind, re-design and repair company. They are one of the reputed names in Electrical Rewinds, Re-designs and Repairs. The services they provide are cover Low Voltage and High Voltage AC and DC Electric Motors, Generators and Transformers, Turbo Generator Stators, Turbo Rotors (including high speed balancing), Hydro Generator Stators, Hydro Rotors and Field poles, also included are Dynamic balancing, Vacuum Impregnation, High Voltage Coil Manufacturing, RLA studies, Vibration Reduction, Diagnostic Testing, Machining, Fabrication and allied services. Evans Electric ipo is a BSE SME IPO. Evans Electric ipo is starting from 30-April and ends on 03-May. The price band is around Rs.52 with 2000 market lot. The ipo size is around Rs.1.93 crore rupees. 

Evans Electric IPO Review:

• Risky

Evans Electric IPO Dates & Price Band:

• IPO Open: 30-April-2019
• IPO Close: 03-May-2019
• IPO Size: Approx Rs.1.93 Crore
• Face Value: Rs.10 Per Equity Share
• Price Band: Rs.52 Per Equity Share
• Listing on: BSE SME
• Shares: 372,000
• Retail Portion: 50%

Evans Electric IPO Market Lot:

• Shares: Apply for 2,000 Shares (Minimum Lot Size)
• Amount: Rs.1,02,000

Evans Electric IPO Allotment & Listing:

• Basis of Allotment: 08-May-2019
• Refunds: 09-May-2019
• Credit to demat accounts: 10-May-2019
• Listing: 13-May-2019

Financial Results:

in Rs. lakh
			FY2016	FY2017	FY2018	H1 FY2019
Total revenue			511.6	1,071.6	586.9	380.2
Total expenses			452.5	727.7	518.4	279.7
Profit after tax			41.5	236.7	46.3	70.0

Evans Electric IPO Allotment Status:

• IPO Allotment Status
  

Company Promoters:

• Mr. Ivor Anthony Desouza

IPO Registrar:

Bigshare Services Private Limited

E2, Ansa Industrial Estate, Sakivihar Road,

Sakinaka, Andheri (E)

Mumbai – 400 072

Phone: +91 22 4043 0200

Fax: +91 22 2847 5201

Email: ipo@bigshareonline.com

Website: www.bigshareonline.com

IPO Lead Managers:

• Hem Securities Limited

Company Address:

Evans Electric Limited

430, Orchard Mall, 3rd Floor,

Royal Palms Estate, Aarey Milk Colony,

GoregaonEast, Mumbai, 400065

Phone: +91-022-28729506

Email: cs@evanselectric.co.in

Website: http://www.evanselectric.co.in