Free Offer
Open Demat FREE
Apply in Evans Electric Ltd. IPO via ASBA / UPI
₹0 Opening Digital KYC 1-Click Apply
SEBI Regulated · 100% Secure · Under 5 Min
Home All IPOs Evans Electric Ltd. IPO
Evans Electric Ltd. IPO
BSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹52
Issue Price
₹52
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹52
GMP based
Lot Size
2,000
shares / lot
Min Amount
₹104,000
1 lot · 2,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
30 Apr 2019
Tue Completed
Done
Close Date
03 May 2019
Fri Completed
Done
Allotment
08 May 2019
Wed Completed
Done
Refund
09 May 2019
Thu Completed
Done
Demat Credit
10 May 2019
Fri Completed
Done
Listing Date
13 May 2019
Mon Completed
UPI Deadline: 03 May 2019
Issue Details
Pricing & Size
Issue Price
₹52 Face ₹10
Lot Size
2,000 shares
Min Investment
₹104,000
Total Issue Size
3,72,000 shares (aggregating up to ₹1.93 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
20,000 (5.38%)
QIB Portion
-
NII / HNI
1,76,000 (47.31%)
Retail
1,76,000 (47.31%)
Employee
-
Net Offer to Public
3,52,000 shares (aggregating up to ₹1.83 Cr)
Shareholding Pattern
Pre-Issue Shareholding
10,00,000 shares
Post-Issue Shareholding
13,72,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 2,000 ₹1,04,000
HNI / NII 2 4,000 ₹2,08,000
Objects of Issue
3 objectives
1
1 To meet working capital requirement
1.11 Cr
2
2 General Corporate Expenses
0.37 Cr
3
3 To meet the Issue Expenses
0.45 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Hem Securities Ltd.
Market Maker
Hem Securities Ltd.
IPO Timeline
Open
30 Apr
✓ Done
Close
03 May
✓ Done
Allotment
08 May
✓ Done
Listing
13 May
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
cs@evanselectric.co.in
Phone
+91-022-28729506
Address
430, Orchard Mall, 3rd Floor, Royal Palms Estate, Aarey Milk Colony, Goregaon East, Mumbai, Maharashtra, 400065
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹52
Est. Listing
₹52
Lot Size
2,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Evans Electric Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
Vol
Div
Yld
Loading chart…
Live Chart Not Available
Evans Electric Ltd. is not yet listed or data is unavailable.
Chart will appear after listing
| Price
Market Reference
IPO Issue Price
₹52
GMP
+₹0 (+0%)
GMP Est. Listing
₹52
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 1,76,000 (47.31%) ₹91.52 Cr
Retail Investors 1,76,000 (47.31%) ₹91.52 Cr
Total ** 3,72,000 (100.00%) ₹1,934.40 Cr
Market Maker * 20,000 (5.38%) ₹1.04 Cr
* Based on ₹52.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
1,76,000 (47.31%)
Retail
1,76,000 (47.31%)
Market Maker
20,000 (5.38%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Lakhs
Metric31-Oct-1831-Mar-1831-Mar-17
Revenue376.90561.161060.49
PAT58.0646.30236.69
EBITDA
Net Worth
Total Assets873.27839.65948.54
Reserves
Borrowings
About Evans Electric Ltd.

Incorporated in 1951, Mumbai-based Evans Electric Limited works in the area of re-designing, repairing, and re-winding of transformer, generator, and electric motor with in-house manufactured replacement components. Some of the products manufactured by the company for replacement purposes are insulation components, brush holders, coils, slip rings, insulators, retaining rings, allied specialized equipment & tools, wedges, stampings and packers. It has a factory unit covering 30,000 sq. ft area located at Palghar, Maharashtra providing repairing & rewinding services and manufacturing replacement components.

The company also provides contract based services for repairing of turbo rotors, low voltage and high voltage electric motors (AC and DC), turbo generator stators, transformers, generators, hydro rotors, hydro generator stators, field poles, high voltage coil manufacturing, diagnostic testing, high voltage coil manufacturing, and vacuum impregnation. The company also provides contract based services to foreign countries and has been successfully executed orders from Sri Lanka, Malaysia and Bangladesh.

It has a wide client base covering various sectors including railways, oil & gas refineries, cement, chemicals & fertilizers, shipping, steel plants, offshore gas & oil exploration, renewable energy, gas, diesel, nuclear, & thermal power generation.

The competitive strengths of the company are:

• Can handle complex machines of different design, size and capacity
• Skilled workforce
• Factory unit at a good location and in a large area
• Quality work at affordable pricing

Frequently Asked Questions
What is the issue price of Evans Electric Ltd. IPO?
The issue price of Evans Electric Ltd. IPO is ₹52 per share, face value ₹10.
What is the lot size?
Minimum lot size is 2,000 shares, requiring ₹104,000.
What are the IPO dates?
Opens 30 Apr 2019, closes 03 May 2019.
When is the listing date?
Tentative listing: 13 May 2019 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹52 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Evans Electric Ltd. IPO · Expected 08 May 2019

Check on Registrar
Post-IPO Timeline
Allotment Date
08 May 2019
Refund Initiation
09 May 2019
Demat Credit
10 May 2019
Listing Date
13 May 2019
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹52
Face ₹10
Lot Size
2,000
shares / lot
Min Amount
₹104,000
1 lot
Est. Listing
₹52
GMP +₹0
Key Dates
Open
30 Apr Done
Close
03 May Done
Listing
13 May Done
Registrar
Bigshare Services Pvt.Ltd.
A
Sponsored
₹0 AMC · Apply IPOs via UPI
SEBI Regulated · Digital KYC in 5 min