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Spectrum Electrical Industries Limited IPO
NSE SMERs 1,30,000/- ) / 2000 Shares
Spectrum Electrical Industries Limited IPO Details
The Spectrum Electrical Industries Limited IPO price band is set between Rs 65/- Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Bigshare Services Private Limited, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 17 Sep, 2018 and closes on 21 Sep, 2018. Investors can check the allotment status on 27 Sep, 2018, while the listing date is tentatively scheduled for 1 Oct, 2018.
The total issue size is Fresh Issue of 39,80,000 Equity Shares of Rs 10/- at a price of Rs 65/- per share aggregating to Rs 25.87 Cr, aggregating up to . Stay tuned for the latest Spectrum Electrical Industries Limited IPO review and GMP updates.
Spectrum Electrical Industries Limited IPO Review, Rating & Analysis
Spectrum Electrical Industries Limited IPO Review
NO REVIEWSpectrum Electrical Industries Limited IPO Rating
Spectrum Electrical Industries Limited IPO Highlights
IPO Date
Sep 17, 2018 - Sep 21, 2018
Listing Date
1 Oct, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 65/- Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Spectrum Electrical Industries Limited IPO Lot Size
The minimum market lot for Spectrum Electrical Industries Limited IPO is 2000 shares with an application amount of ₹1,30,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,30,000 |
| Retail (Max) | 1 | 2000 | ₹1,30,000 |
| S-HNI (Min) | 2 | 4000 | ₹2,60,000 |
| S-HNI (Max) | 7 | 14000 | ₹9,10,000 |
| B-HNI (Min) | 8 | 16000 | ₹10,40,000 |
Spectrum Electrical Industries Limited IPO Timeline
Issue Price
Rs 65/- Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Private LimitedLead Manager
Arihant Capital Markets LimitedIssue Size
Fresh Issue of 39,80,000 Equity Shares of Rs 10/- at a price of Rs 65/- per share aggregating to Rs 25.87 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Deepak Chaudhari
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Spectrum Electrical Industries Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 18,90,000 | 18,90,000 | 37,80,000 |
Day 1 -17-09-18 | 3,40,000 0.18 x | 38,000 0.02 x | 3,78,000 0.10 x |
Day 2 -18-09-18 | 3,86,000 0.20 x | 86,000 0.05 x | 4,72,000 0.12 x |
Day 3 -19-09-18 | 4,10,000 0.22 x | 1,20,000 0.06 x | 5,30,000 0.14 x |
Day 4 -21-09-18 | 37,56,000 1.99 x | 10,52,000 0.56 x | 48,08,000 1.27 x |
Frequently Asked Questions about Spectrum Electrical Industries Limited IPO IPO
When will Spectrum Electrical Industries Limited IPO open for subscription?
The Spectrum Electrical Industries Limited IPO opens on 17 Sep, 2018 and closes on 21 Sep, 2018.
What is the investors portion for Spectrum Electrical Industries Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1890000.
How to apply for Spectrum Electrical Industries Limited IPO?
You can apply for Spectrum Electrical Industries Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Spectrum Electrical Industries Limited IPO?
The issue size of Spectrum Electrical Industries Limited IPO is approx ₹Fresh Issue of 39,80,000 Equity Shares of Rs 10/- at a price of Rs 65/- per share aggregating to Rs 25.87 Cr crores.
What is the price band of Spectrum Electrical Industries Limited IPO?
The price band for Spectrum Electrical Industries Limited IPO is Rs 65/ to ₹ Per Equity Share.
What is the lot size of Spectrum Electrical Industries Limited IPO?
The minimum bid (lot size) for Spectrum Electrical Industries Limited IPO is 2000 shares with an investment of approx Rs 1,30,000/- ) .
What is the allotment date of Spectrum Electrical Industries Limited IPO?
The allotment date for Spectrum Electrical Industries Limited IPO is 27 Sep, 2018.
What is the listing date of Spectrum Electrical Industries Limited IPO?
The listing date for Spectrum Electrical Industries Limited IPO is expected to be 1 Oct, 2018.
What is the GMP of Spectrum Electrical Industries Limited IPO?
The latest Grey Market Premium (GMP) for Spectrum Electrical Industries Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.