Public issue of 50,00,000 equity shares with a face value of Rs. 10 each ("Equity Shares") of M and B Switchgears Limited (The "Company" or The "Issuer") for cash at a price of Rs. 186 per equity share (including a share premium of Rs. 176 per equity share) aggregating to Rs. 93.00 crores (The "Issue"). The issue will constitute 25% of the post-issue paid-up equity share capital of the company.
Issue price: Rs. 186 per equity share of face value of Rs. 10/- each
The issue price is 18.6 times the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
28-Sep-2011
05-Oct-2011
₹ 186.00
₹ 0.00
Minimum Application for shares in Nos : 30.0
Further Multiples of : 30.0