Upcoming IPO -> M AND B SWITCHGEARS LIMITED

Issue Open:
September 28, 2011

Issue close:
October 05, 2011

Price Band:
Rs. 180 - Rs. 186 Per Equity Share

Minimum Bid Size:
30 Equity Shares

Face Value:
Rs. 10 Per Equity Share

Issue Type:
100% Book Building

Maximum Subscription Amount  for Retail Investor: Rs. 200000

M AND B SWITCHGEARS LIMITED:

Incorporated in 1999, M and B Switchgears Ltd is engaged in manufacturing of distribution transformers, power transformers, furnace/rectifier transformers and special purpose transformers.Company is in business of manufacturing transformers for more than 30 years and is a preferred supplier of quality transformers.

IPO Grading / Rating:

ICRA has assigned an IPO Grade 2 to M AND B SWITCHGEARS LIMITED IPO. This means as per ICRA, company has 'Below Average Fundamentals'.

Website:

http://mbswitch.com/