M and B Switchgears IPO

M and B SwitchgearsTransformers producer M and B Switchgears has planned to enter capital market for financing its forth-coming solar photovoltaic power plant, which has a public issue of 50 lakh equity stocks and face value of Rs 10 each.

Company has filed DRHP with SEBI. The IPO issue will comprise 25percent of the postissue paidup equity stock capital of firm.

The firm is involved in production of distribution transformers, furnace transformers, power transformers and special purpose transformers. Company is in the business of producing transformers for greater than 3 decades.

M and B continues to grow its capability of production 550 transformers to 5,109 per year. Its current annual manufacturing capacity in terms of KVA is 75,000 KVA of transformer each month on single shift basis.

more updates come later……..


M and B Switchgears IPO, M & B Switchgears IPO , Bidding, Midvalley Entertainment IPO Allotment Status, M B Switchgears IPO drhp and listing. Price date Status prospectus process stock offerings pricing filings filing latest market stocks new information allotment valuation shares pre companies hot list news price recent listing share research home watch

Be Sociable, Share!
Tags: , ,

Stock Market Basics For Beginners

Preference Shares

Preference Shares Dividend that is first paid to preference shareholders before any dividends are paid to common stock holders, This shares represent partial ownership in a company ...…

National Stock Exchange Of India (NSE)

National Stock Exchange Of India (NSE) National Stock Exchange (NSE), found in the 1990s as a demutualised electronic exchange by Indian financial institutions.  Today, NSE is India's biggest exchange and second ...…

Dematerialization Definition

Dematerialization Definition Dematerialization (Meaning) is the procedure through which physical certificates of the trader are usually transformed into an equal quantity of securities in electronic form as ...…

What Is The Floor Price?

What Is The Floor Price? Floor price is the minimum price where bids can be made. Book Building is fundamentally a procedure utilized in IPOs for effective price finding. The ...…

How does one buy Shares?

How does one buy Shares? Shares are bought and sold on the stock exchanges ( nse , bse market ) -- the two main ones in India are the NSE ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV