| MV Electrosystems Ltd |
|
Registered Office:
[
1207/89 12th Flr Hemkunt-
,
Chambers Nehru Place
,
New Delhi
-
110019
,
Delhi
, India.
Phone:+91 92 1199 9711 Fax:
Email: cs@mvelectrosystems.com
Website: www.mvelectrosystems.com
|
| Initial public issue of up to 6,823,529 equity shares of face value of Rs5 each (Equity Shares) of MV Electrosystems Limited (the Company) for cash at a price of Rs400-425 per equity share ( Including a Share Premium of Rs395-420 Per Equity Share) ( Issue Price ) aggregating up to Rs290.00 Crores ( Issue ). The issue shall constitute [*]% of the post-issue paid-up equity share capital of the company.
Price Band: Rs400 to Rs425 per equity share of face value of Rs5 each.
The floor price is 80.00 times the face value of the equity shares and the cap price is 85.00 times the face value of the equity shares.
Bids can be made for a minimum of 34 equity shares of face value of Rs5 each and in multiples of 34 equity shares of face value of Rs5 each thereafter. |
| |
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 30-Jul-26 |
03-Aug-26 |
Rs
400.00-425.00
|
Rs
0.00-0.00
|
| Minimum Application for shares in Nos :
34
Further Multiples of :
34
|
| |
| |
Rs Cr |
Lead Managers to the Issue |
| Project Cost |
0.00 |
Sundae Capital Advisors Private Limited |
| Project Financed through Current Offer |
290.00 |
|
| Post Issue Equity Share Capital |
13.64 |
|
| Issue Price |
Rs.400.00
|
|
|
|
| |
|
| Projects |
|
Funding long-term working capital requirements of the Company
|
Investment in research design and development activities for new power electronic equipment
|
|
General Corporate Purpose
| |
|
| |
|
| Promoted By |
| Mohit Vohra |
| Amit Dhawan |
| Sumit Dhawan |
|
|
| Registrar to the Issue |
| KFin Techologies Ltd |
|
| |
|