The Servotech Power IPO date has been confirmed to have started on August 9, 2017 and ended on August 14, 2017. Read the post to learn about Servotech Power IPO GMP.
Using an IPO, Servotech Power is seeking to raise Rs15.13 crore. Its price is ₹ 31 per share and the minimal lot size for an operation is 4000 shares. The minimal quantum of investment needed by retail investors is ₹ 124,000.
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Key Details Of Servotech Power IPO:
Bidding Dates
August 9-14
Price Range
₹31 per share
Face Value
₹10 per share
GMP
₹76.05
Servotech Power IPO GMP
The Servotech Power Limited IPO GMP Today is ₹76.05.
Servotech Power IPO Overview
The Servotech Power IPO is a fixed- price immolation for Rs15.13 crore. Bidding for the Servotech Power IPO began on August 9, 2017 and finished on August 14, 2017. On August 24, 2017, the shares were listed on the NSE SME. Servotech Power’s original public immolation( IPO) price is 31 per share. The Servotech Power Limited IPO GMP Today is ₹76.05. A lot size of 4000 shares is needed for an operation. Retail investors must make a minimal commitment of$ 140,000.
SPSL also manufactures and sells a wide range of solar products, similar as solar BLDC suckers, solar home lighting systems, solar PWM charge regulators, solar MPPT charge regulators, solar water pumps, and so on. The company also offers complete services that include the procurement, installation, commissioning, testing, and thorough conservation of LED goods for over to 5 times.
Servotech Power IPO Details
| IPO Date | August 9, 2017 to August 14, 2017 |
| Listing Date | August 24, 2017 |
| Face Value | ₹10 per share |
| Price | ₹31 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 4,880,000 shares (aggregating up to ₹15.13 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Servotech Power Listing Day Trading Information
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹31.00 |
| Open | ₹30.70 |
| Low | ₹30.70 |
| High | ₹32.00 |
| Last Trade | ₹31.85 |
Servotech Power IPO Listing Details
| Listing Date | August 24, 2017 |
| BSE Script Code | |
| NSE Symbol | SERVOTECH |
| ISIN | INE782X01017 |
| Final Issue Price | ₹31 per share |
Company Profile
Servotech Power Systems Limited, innovated in 2014, manufactures and sells inverters, uninterruptible power force products, and servo stabilisers under the SERVOTECH brand name throughout India, Southeast Asia, Africa, Europe, and the Middle East. LED light bulbs, downlights, flood tide lights, panel lights, tube lights, and bay lights are among the company’s products, as are out-of-door lights similar as road lights and floodlights under the SAARA brand for domestic, artificial, and marketable operations. It also makes and sells solar outfit similar as
solar BLDC suckers, solar house lighting systems, solar PWM and MPPT charge regulators, and solar pump regulators.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Servotech Power Systems Ltd |
| Phone number | +91 11 41117657-60 |
| Email ID | [email protected] |
| Website | www.servotech.in |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Servotech Power IPO FAQs
When Servotech Power IPO will open?
The Servotech Power IPO opens on August 9, 2017 and closes on August 14, 2017.
What is the lot size of Servotech Power IPO?
Servotech Power IPO lot size is 4000 Shares, and the minimum amount required is ₹124,000.
When is Servotech Power IPO listing date?
The Servotech Power IPO listing date is on August 24, 2017.
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