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Pulz Electronics Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

₹ 3.92

Price Range (₹)

₹ 54

Lot Size

2000

Min Investment (₹)

₹ 1,08,000.00

Listing Exchange

NSE - SME

Open Date

14-Nov-2017

Close Date

16-Nov-2017

Listing Date

24-Nov-2017

Latest IPO News

Pulz Electronics Ltd IPO Details

Public issue of 7,26,000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 54 per equity share (the issue price) (including a share premium of Rs. 44 per equity share) aggregating to Rs. 3.92 crores (the issue) by the company of which 38,000 equity shares of face value of the equity shares is Rs. 10 each fully paid up will be reserved for subscription by market maker to the issue (Market Maker reservation portion) the issue less the market maker reservation portion i.e. Issue of 6,88,000 equity shares of Rs. 10 each fully paid up is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.63% and 25.24% respectively of the post issue paid up capital of the company.The face value of the equity shares is Rs.10 each. The issue price is Rs.54 The issue price is 5.40 times the face value.

Objective of issue

Acquisition & Other Strategic Initiatives. General corporate purpose.

Pulz Electronics Ltd Contact Details

Pulz Electronics Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

Phone - 91-22-40430200/28470652

Fax - 91-22-28475207

Email - mumbai@pulz.co.in

Website - www.pulz.co.in