Power & Instrumentation (Gujarat) Limited IPO

Add to Calendar 2018-04-11 12:00 AM 2018-04-13 12:00 AM Asia/Kolkata Power & Instrumentation (Gujarat) Limited IPO Power & Instrumentation (Gujarat) Limited India

Power & Instrumentation (Gujarat) Limited is a gujarat based engineering company providing services in Electrical, Mechanical and Instrumentation Engineering. Power & Instrumentation are having 58 employees full time.

Date of establishment:  Power & instrumentation was formed in 1983.

Product & Service Offering: The company is involved in providing a wide range of contracting based services in the field of Electrical, Mechanical and Instrumentation Engineering. The company has been involved in providing solutions from conceptualizing to commissioning the project.

Promoters of Power & Instrumentation Limited:  Mr. Padmaraj Padmnabhan Pillai and Mrs. Padmavati Padmanabhan Pillai are promoters    

Customer segment: Company provides its services to private sector, government and semi-government projects.

Objects of the Issue: The objects of the Issue are:

1. To Meet Working Capital Requirement
2. General Corporate Expenses
3. To Meet the Issue Expenses

Company Financials:



For the year/period ended (in Rs. Lacs)








Total Assets







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Issue Detail

  • Issue Open: Apr 11, 2018
  • Issue Close: Apr 13, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 33 Per Equity Share
  • Bid Lot:4000 Shares
  • Minimum Order Quantity:4000 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 6.15 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 0 884,000 884,000 - 96,000 1,864,000
Day 1 - Apr 11, 2018IST 0 184,000 332,000 - - 516,000
Day 2 - Apr 12, 2018IST 0 212,000 1,156,000 - - 1,368,000
Day 3 - Apr 13, 2018IST 0 7,612,000 10,524,000 - - 18,136,000

Listing Day Trading Information

Issue Price - Rs 33.00
Open - Rs 35.00
Low - Rs 34.00
High - Rs 35.90
Last Trade - Rs 34.90
Volume - 780,000

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