Evans Electric Ltd IPO

Evans Electric Ltd Profile:

Evans Electric Ltd IPO News | Allotment Status | Listing DateEvans Electric was established in 1951 by Armando F. de Souza and Silus L. Evans. It is Independent India’s very first Electric Motor, Generator, and Transformer, Rewind, Re-design, and Repair Company. Today with a proven track record of over 58 years, the organization has grown and still remains India’s leading and most reputed name in Electrical Rewinds, Re-designs, and Repairs.

The services provided, cover Low Voltage and High Voltage AC and DC Electric Motors, Generators and Transformers, Hydro Rotors, Turbo Generator Stators, Turbo Rotors (including high speed balancing), Hydro Generator Stators and Field poles, also included are Dynamic balancing, Vacuum Impregnation, High Voltage Coil Manufacturing, RLA studies, Vibration Reduction, Diagnostic Testing, Machining, Fabrication and allied services.

The Company has specialized in this field of Engineering, with the capability of handling Equipment irrespective of its Country of origin, design, size, capacity, voltage rating, or year of manufacture. For any type of in-house, field repair or total rewind capability, on any kind of Electrical Apparatus, Evans Electric is unsurpassed in its ability to perform at the highest level.

Evans Electric Ltd Promoters:

The Promoter of the company is Ivor Anthony Desouza

Evans Electric Ltd IPO details:

Symbol:

Issue Size: The Public Offer of up to 372000 Equity Shares

Face Value: Rs. 10

Price Range: Rs. 52.00

Issue Type: Fixed Price

Bid Lot: 2000 equity shares and in multiples thereof.

Minimum Order Quantity: 2000 Equity Shares

Issue Period: 30 April 2019 to 03 May 2019

Maximum Subscription Amount for Retail Investor: Rs. 2, 00,000

Name of the Registrar: Bigshare Services Private Limited.

IPO Market Timings: 10.00 a.m. to 5.00 p.m.

Listing at: BSE

Evans Electric Ltd Financials:                  

                            Evans Electric’s financial performance (in INR Lakh)         
FY2016 FY2017 FY2018 H1 FY2019
Total revenue 511.6 1,071.6 586.9 380.2
Total expenses 452.5 727.7 518.4 279.7
Profit after tax 41.5 236.7 46.3 70.0

 

Evans Electric Ltd Allotment Status:

Evans Electric Ltd IPO Allotment Date:  8-May-2019
Evans Electric Ltd IPO Listing Date: 13-May-2019

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