Issue Price
₹65
Per Share
GMP
NIL
Grey Market
Est. Listing
₹65
Expected Price
Min. Application
₹260,000
2 lots × 2000 shares
Incorporated in 2008, Jalgaon (Maharashtra) based Spectrum Electrical Industries Limited is a company engaged in the business of design and manufacturing of electrical, automobile and irrigation components. The company is a contract manufacturer and component suppliers to leading industry players.Spectrum Electrical offers end-to-end product solutions to its customers under the B2B model. It provides services ranging from global sourcing, manufacturing, quality testing and packaging to logistics. The company also offers products in the intermediate stages to its customers.The manufacturing unit of the company is located at Jalgaon & Nashik, Maharashtra.The company's turnover in fiscal 2017, 2016 and 2015 are 10,020.41 lakhs, 9,503.07 lakhs, and 8,085.99 lakhs respectively.The PAT for fiscal 2017, 2016 and 2015 are 349.70 lakhs, 247.04 lakhs, and 184.66 lakhs.The company has 370 full-time employees on its payroll.=
Spectrum Electrical Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 200,000 | — | ₹1.30 Cr | — |
| TOTAL | 3,980,000 | 100.00% | ₹25.87 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹130,000 |
| Retail (Max) | 13 | 26,000 | ₹1,690,000 |
| sNII (Min) | 14 | 28,000 | ₹1,820,000 |
| bNII (Min) | 68 | 136,000 | ₹8,840,000 |
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue from Operations | 11983.24 | 659.77 | 215.88 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 590.32 | 53.27 | 30.03 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 10763.34 | 2506.00 | 1491.32 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |