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Evans Electric IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Mumbai and caters to Electric Equipments sector. Hem Securities is the merchant banker of Evans Electric IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 15th March 2019.
Evans Electric IPO open date is 30th April 2019 and close date is 3rd May 2019. IPO Allotment Date is 8th May 2019 and Listing date is 13th May 2019.
IPO
Size:
₹ 1.93 Cr.
Avg IPO Size (Sector Based)
: ₹
33.54 cr.
Sector: Electric Equipments
SME
IPO so far:
49
Merchant Banker:
Hem Securities
SME
IPO by BRLM so far:
126
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹
6.46
cr. 
PE
Ratio:
7.19x
Average Sector PE Ratio: 18.31x
Evans Electric IPO size is ₹ 1.93 Cr. with IPO price of ₹ 52.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Evans Electric IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Hem Securities Limited for Evans Electric IPO.
Evans Electric IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Evans Electric IPO, based in Mumbai, operates in the Electric Equipments sector with a focus on . The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Evans Electric IPO size is ₹ 1.93 Cr. with fresh issue size of ₹ 1.93 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Evans Electric IPO is expected to be 8th May 2019, after the finalization of basis of allotment. Investors can check Evans Electric IPO allotment status on the registrars website, Bigshare Services Private Limited. Evans Electric IPO refund dates are 9th May 2019.
Evans Electric IPO is expected to be listed on 13th May 2019.
The upper price band for the Evans Electric IPO is set at ₹ 52.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Evans Electric IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Evans Electric IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 3rd May 2019. After submission, funds are blocked until the basis of allotment of Evans Electric IPO is finalised.
The merchant banker for Evans Electric IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Evans Electric IPO RHP for further details.
The registrar for Evans Electric IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Evans Electric IPO through their official website or helpline.
Evans Electric IPO was subscribed 1.59 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 1.93 Cr.
Avg IPO Size (Sector Based)
:
₹ 33.54 Cr.
Sector: Electric Equipments
SME
IPO so far:
49
Merchant Banker:
Hem Securities
SME
IPO by BRLM so far:
126
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹ 6.45 cr.
PE
Ratio:
7.19x
Average Sector PE Ratio: 18.31x
Evans Electric IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Evans Electric Financial Review Page
Merchant Banker(s) of Evans Electric IPO: Hem Securities Limited
Evans Electric IPO subscription was 1.59 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Evans Electric IPO listed at a listing price of 54.80 against the offer price of 52.00.
The current market price of Evans Electric is 152.00.
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