The book-built IPO of PG Electroplast is valued at Rs 120.65 crore. Starting on September 7, 2011, the PG Electroplast IPO bidding round ran through September 12, 2011. September 26, 2011, saw the shares go on sale on the BSE and NSE. There is a price range of ₹190 to ₹210 per share for the PG Electroplast IPO. Thirty shares is the minimum lot size required for an application. For retail investors, a minimum investment of ₹6,300 is needed.
PG Electroplast Ltd. was founded in 2003 and is an Electronic Manufacturing Services (EMS) provider. The company produces a range of finished items and electronic components for Original Equipment Manufacturers (OEMs) of consumer electronics in India. In general, PG Electroplast produces goods for third parties such as DVD players, water purifiers, compact fluorescent lamps (CFL), color television sets (CTV) and their components, and air conditioner subassemblies. In addition, PG Electroplast produces printed circuit boards (PCB) assembly for CTVs, DVD players,
and CFLs in addition to performing plastic injection molding. The company’s four operational manufacturing plants are situated in Ahmednagar, Maharashtra; Roorkee, Uttrakhand; and Greater Noida, Uttar Pradesh.
PG Electroplast IPO Details
| IPO Date | September 7, 2011 to September 12, 2011 |
| Listing Date | September 26, 2011 |
| Face Value | ₹10 per share |
| Price Band | ₹190 to ₹210 per share |
| Lot Size | 30 Shares |
| Total Issue Size | 5,745,000 shares (aggregating up to ₹120.65 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
PG Electroplast IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 30 | ₹6,300 |
| Retail (Max) | 31 | 930 | ₹195,300 |
PG Electroplast IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | – | NA |
| QIB Shares Offered | 2,872,500 (50.00%) | NA |
| NII (HNI) Shares Offered | 861,750 (15.00%) | |
| Retail Shares Offered | 2,010,750 (35.00%) | 67,025 |
| Total Shares Offered | 5,745,000 (100%) |
Objects of the Issue (PG Electroplast IPO Objectives)
The proceeds from the proposed Issue of shares are intended to be deployed for:
- Prepayment of the portion of term loan and line of credit facility proposed to be availed by the Company for the expansion under Phase I
- Expansion of the manufacturing facility at Unit III, Greater Noida
- Expansion of the manufacturing facility at Unit IV, Ahmednagar
- Meeting long term working capital requirements
- General corporate purposes; and
- Issue expenses
PG Electroplast IPO Listing Details
| Listing Date | September 26, 2011 |
| BSE Script Code | 533581 |
| NSE Symbol | PGEL |
| ISIN | INE457L01011 |
| Final Issue Price | ₹210 per share |
PG Electroplast Limited Contact Details
PG Electroplast Limited
14/39, Shakti Nagar
New Delhi, India
110007
Phone: +91-11-23844809
Email: [email protected]
Website: http://www.pgel.in
PG Electroplast IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com
PG Electroplast IPO FAQs
Q1. What is PG Electroplast IPO?
Ans. PG Electroplast IPO is a main-board IPO of 5,745,000 equity shares of the face value of ₹10 aggregating up to ₹120.65 Crores. The issue is priced at ₹190 to ₹210 per share. The minimum order quantity is 30 Shares. The IPO opens on September 7, 2011, and closes on September 12, 2011.
Q2. When PG Electroplast IPO will open?
Ans. The PG Electroplast IPO opens on September 7, 2011 and closes on September 12, 2011.
Q3. What is the lot size of PG Electroplast IPO?
Ans. PG Electroplast IPO lot size is 30 Shares, and the minimum amount required is ₹6,300.
Q4. When is PG Electroplast IPO listing date?
Ans. The PG Electroplast IPO listing date is on September 26, 2011.
