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Shri Ram Switchgears Ltd IPO (SRSL IPO) Details

Shri Ram Switchgears Ltd IPO (SRSL IPO) Details:

Shri Ram Switchgears Ltd manufactures and sells electrical products. It offers distribution boxes, transformers, switchgears, junction boxes, feeder pillars, panels, low tension/high tension line materials, and other electrical products for use in power distribution system utilities.

The company also provides control and relay panels, air circuit breaker boxes, single phase boxes, main circuit breaker and molded case circuit breaker panels, A.C./D.C. boards, and other related products.

In addition, it undertakes turnkey projects, including erection, installation, operation, and maintenance services of power transmission lines.

Shri Ram Switchgears Limited was incorporated in 1985 and is based in Ratlam, India.

Objects of the Issue:

The objects of the Issue are:

  1. To meet the working capital requirements of our Company including margin money;
  2. Issue Expenses.
Shri Ram Switchgears Ltd IPO (SRSL IPO) Details:
  1. Issue Open: May 25, 2017 – May 30, 2017
  2. Issue Type: Fixed Price Issue IPO
  3. Face Value: Rs 10 Per Equity Share
  4. Issue Size: 2,670,000 Equity Shares of Rs 10 aggregating up to Rs 5.07 Cr.
  5. Issue Price: Rs 19 Per Equity Share
  6. Market Lot:  6000 Shares
  7. Minimum Order Quantity: 6000 Shares
  8. Listing At: NSE SME

Book Running Lead Manager:


Unit No. 411, 4th Floor, Pratap Bhawan, 5,

Bahadurshah Zafar Marg, New Delhi – 110002

Tel: (011) 23739425/26/27 Fax:(011) 23739424

Investor Grievance Email:



E-2, Ansa Industrial Estate, Sakhivihar Road,

Sakinaka, Andheri (East),Mumbai – 400 072

Tel. No.: +91-22 – 40430200 Fax No.: +91-22 – 28475207


Red Herring Prospectus (RHP) Of Shri Ram Switchgears Ltd IPO (SRSL IPO):

Shri Ram Switchgears Ltd (SRSL) IPO Prospectus

Market Update:

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Housing and Urban Development Corporation Ltd IPO (HUDCO) listing is also successfully completed.

PSP Projects Ltd(PPL) IPO bidding is also over. Now PSP Projects IPO Allotment and listing is in process.

Indigrid Invit Fund IPO bidding also able to close successfully on May 19, 2017.

Next in the pipeline will be Central Depository Services Ltd IPO (CDSL IPO)  and Continental Warehousing Corporation Ltd IPO (Nhava Seva IPO).

Some SME IPO will also be active in market in coming week.

This year we can see some good IPO hitting market like NSE Ltd IPOHDFC Standard life insurance, SBI life insurance etc.

Keep watching this blog to keep yourself updated with all the news.

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