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MV Electrosystems Ltd
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cs@mvelectrosystems.com Website:www.mvelectrosystems.com
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Initial public issue of 68,23,528 equity shares of face value of Rs. 5 each (Equity Shares) of MV Electrosystems Limited (the Company) for cash at a price of Rs. 425 per equity share ( Including a Share Premium of Rs. 420 Per Equity Share) (Issue Price) aggregating up to Rs. 290.00 Crores (Issue). The issue shall constitute 25.01% of the company post-issue paid-up equity share capital of the company.
Price Band: Rs. 425 per equity share of face value of Rs. 5 each.
The floor price is 85.00 times the face value of the equity shares.
Bids can be made for a minimum of 34 equity shares of face value of Rs. 5 each and in multiples of 34 equity shares of face value of Rs. 5 each thereafter.
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MV Electrosystems Ltd
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Rs Cr |
Lead Managers to the Issue |
| 254.46 |
| Sundae Capital Advisors Private Limited |
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| 290.00 |
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| 13.64 |
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| Rs.
425.00
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| Projects |
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Funding long-term working capital requirements of the Company
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Investment in research design and development activities for new power electronic equipment
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General Corporate Purpose
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| Mohit Vohra |
| Amit Dhawan |
| Sumit Dhawan |
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