September 28, 2011
October 05, 2011
Rs. 180 - Rs. 186 Per Equity Share
Minimum Bid Size:
30 Equity Shares
Rs. 10 Per Equity Share
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.
ICRA has assigned an IPO Grade 2 to M AND B SWITCHGEARS LIMITED IPO. This means as per ICRA, company has 'Below Average Fundamentals'.