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Spectrum Electrical Industries IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 25.87 Cr. The company is based in Jalgaon and caters to Electric Equipments sector. Arihant Capital Markets is the merchant banker of Spectrum Electrical Industries IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 13th August 2018.
Spectrum Electrical Industries IPO open date is 17th September 2018 and close date is 21st September 2018. IPO Allotment Date is 30th November -0001 and Listing date is 1st October 2018.
IPO
Size:
₹ 25.87 Cr.
Avg IPO Size (Sector Based)
: ₹
33.54 cr.
Sector: Electric Equipments
SME
IPO so far:
49
Merchant Banker:
Arihant Capital
SME
IPO by BRLM so far:
4
City:
Jalgaon
SME
IPO so far:
3
Revenue (annualised):
₹
119.83
cr. 
PE
Ratio:
17.00x
Average Sector PE Ratio: 18.31x
Spectrum Electrical Industries IPO size is ₹ 25.87 Cr. with IPO price of ₹ 65.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Arihant Capital Markets Limited is the book-running lead manager of the Spectrum Electrical Industries IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Arihant Capital Markets Limited for Spectrum Electrical Industries IPO.
Spectrum Electrical Industries IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Spectrum Electrical Industries IPO, based in Jalgaon, operates in the Electric Equipments sector with a focus on automobile and irrigation components.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Spectrum Electrical Industries IPO size is ₹ 25.87 Cr. with fresh issue size of ₹ 25.87 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Spectrum Electrical Industries IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Spectrum Electrical Industries IPO allotment status on the registrars website, Bigshare Services Private Limited . Spectrum Electrical Industries IPO refund dates are 30th November -0001.
Spectrum Electrical Industries IPO is expected to be listed on 1st October 2018.
The upper price band for the Spectrum Electrical Industries IPO is set at ₹ 65.00 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 Spectrum Electrical Industries 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 Spectrum Electrical Industries 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 21st September 2018. After submission, funds are blocked until the basis of allotment of Spectrum Electrical Industries IPO is finalised.
The merchant banker for Spectrum Electrical Industries IPO is Arihant Capital Markets Limited . Arihant Capital Markets Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Spectrum Electrical Industries IPO RHP for further details.
The registrar for Spectrum Electrical Industries 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 Spectrum Electrical Industries IPO through their official website or helpline.
Spectrum Electrical Industries IPO was subscribed 1.27 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 25.87 Cr.
Avg IPO Size (Sector Based)
:
₹ 33.54 Cr.
Sector: Electric Equipments
SME
IPO so far:
49
Merchant Banker:
Arihant Capital
SME
IPO by BRLM so far:
4
City:
Jalgaon
SME
IPO so far:
3
Revenue (annualised):
₹ 119.55 cr.
PE
Ratio:
17.00x
Average Sector PE Ratio: 18.31x
Spectrum Electrical Industries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Spectrum Electrical Industries Financial Review Page
Merchant Banker(s) of Spectrum Electrical Industries IPO: Arihant Capital Markets Limited
Spectrum Electrical Industries IPO subscription was 1.27 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.
Spectrum Electrical Industries IPO listed at a listing price of 65.50 against the offer price of 65.00.
The current market price of Spectrum Electrical Industries is 1631.70.
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