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Evans Electric Ltd
Registered Office: 430 Orchard Mall 3rd Floor,Royal Palms Estate AMC , Mumbai - 400065 , Maharashtra , India.
Phone : 91-22-28729506/07   Fax:91-22-28729509
Email :  
Website :
Initial public offer of 3,72,000 equity shares of face value of Rs10 each (the "equity shares") of Evans Electric Limited ("the company" or "eel" or "the issuer") at an issue price of Rs52 per equity share for cash, aggregating Rs1.93 Crores ("public issue") comprising of a fresh issue of 3,72,000 equity shares aggregating Rs1.93 Crores ("fresh issue") out of which 20,000 equity shares of face value of Rs10 each, at an issue price of Rs52 per equity share for cash, aggregating Rs0.10 Crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion").The issue less market maker reservation portion i.e. Issue of 3,52,000 equity shares of face value of Rs10 each, at an issue price of Rs52 per equity share for cash, aggregating upto Rs1.83 Crores is herein after referred to as the "net issue". The public issue and net issue will constitute 27.11% and 25.66% respectively of the post- issue paid-up equity share capital of the Company. Fixed Price issue at Rs52 per equity share and is 5.2 times of the face value. Minimum Application size of 2000 equity shares and in multiples of 2000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Apr-19 03-May-19 Rs52.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  Rs Cr Lead Managers to the Issue
Project Cost 1.93
Hem Securities Ltd
Project Financed through Current Offer 1.93  
Post Issue Equity Share Capital 1.37  
Issue Price 52.00  
To Meet Working Capital RequirementGeneral Corporate Expenses
Promoted By
Ivor Anthony Desouza 
Listing At
Registrar to the Issue
Bigshare Services Pvt Ltd  
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NSE CM: INB 230637836|NSE F&O: INF 230637836|NSE CDS: INE 230637836|BSE CM: INB 011110237|BSE F&O: INF 011110237|MCX-SX: INE 260637836|ARN : 0186
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