JKB Financial Services Ltd.

Power & Instrumentation (Gujarat) Ltd
Registered Office: A/1 Sixth Floor Safal Profita., 100 Ft Road Prahladnagar, Ahmedabad - 380015, Gujarat
Phone: 91-79-40051222
Email: priyacs@grouppower.org
Website: www.grouppower.org
Public issue of 18,64,000 equity shares of a face value of Rs. 10/- each (The Equity Shares) of Power & Instrumentation (Gujarat) Limited (PIGL or The Company) for cash at a price of Rs. 33/- per share (The Issue Price), aggregating to Rs. 6.15 crores (The Issue), of which, 96,000 equity shares of Rs. 10/- each will be reserved for subscription by market maker to the issue (The Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. Issue of 17,68,000 equity shares of Rs. 33/- each is hereinafter referred to as the Net Issue aggregating Rs. 5.83 crores (The Issue). The issue and the net issue will constitute 26.46% and 25.10%, respectively of the post issue paid-up equity share capital of the company. The Face value of the equity shares is Rs. 10 each and the issue price is 3.3 times of the face value.

Power & Instrumentation (Gujarat) Ltd

Registered Office: A/1 Sixth Floor Safal Profita., 100 Ft Road Prahladnagar, Ahmedabad - 380015, Gujarat

Phone: 91-79-40051222

Public issue of 18,64,000 equity shares of a face value of Rs. 10/- each (The Equity Shares) of Power & Instrumentation (Gujarat) Limited (PIGL or The Company) for cash at a price of Rs. 33/- per share (The Issue Price), aggregating to Rs. 6.15 crores (The Issue), of which, 96,000 equity shares of Rs. 10/- each will be reserved for subscription by market maker to the issue (The Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. Issue of 17,68,000 equity shares of Rs. 33/- each is hereinafter referred to as the Net Issue aggregating Rs. 5.83 crores (The Issue). The issue and the net issue will constitute 26.46% and 25.10%, respectively of the post issue paid-up equity share capital of the company. The Face value of the equity shares is Rs. 10 each and the issue price is 3.3 times of the face value.

Issue	Money Payable On
11-Apr-2018	13-Apr-2018	₹ 33.00	₹ 0.00

Issue

Money Payable On

Opens On

Closes On

Application

Allotment

11-Apr-2018

13-Apr-2018

₹ 33.00

₹ 0.00

Minimum Application for shares in Nos : 4000 Further Multiples of : 4000
Project Cost	6.15	Navigant Corporate Advisors Ltd
Project Financed through Current Offer	6.15
Post Issue Equity Share Capital	7.04
Issue Price	₹33.00

Minimum Application for shares in Nos : 4000 Further Multiples of : 4000

(₹)Cr.

Lead Managers to the Issue

Project Cost

6.15

Navigant Corporate Advisors Ltd

Project Financed through Current Offer

6.15

Post Issue Equity Share Capital

7.04

Issue Price

₹33.00

Projects
To meet working capital requirement
General corporate expenses

Projects

To meet working capital requirement

General corporate expenses

Promoted By
Padmaraj Padmnabhan Pillai
Padmavati Padmanabhan Pillai

Promoted By

Padmaraj Padmnabhan Pillai

Padmavati Padmanabhan Pillai

Listing At
NSE - SME

Listing At

NSE - SME

Registrar to the Issue
Skyline Financial Services Pvt

Registrar to the Issue

Skyline Financial Services Pvt

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