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Track all the latest updates and news of M and B Switchgears IPO.
December 10, 2018 6:52:00 AM
The public issue of Veto Switchgears and Cables has received good response on final day, oversubscribing over 1.5 times as per data available on the National Stock Exchange. SME IPO: Veto ...
Published by : moneycontrol.comM and B Switchgears IPO shares will list on Thursday, Oct 20, 2011. Issue price of this IPO has been fixed at Rs 186/- per share. IPO was oversubscribed by 1.57 times (2.35 times in retail) on closing day.
M and B Switchgears IPO Listing Date
Listing Date: Thursday, October 20, 2011
BSE Scrip Code: 533644
NSE Symbol: MBSWITCH
Listing In: 'B' Group of Securities
ISIN: INE899L01014
Issue Price: Rs. 186.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share
M and B Switchgears IPO allotment status is now available online.
M and B Switchgears IPO was open on Sep 28, 2011 and closed on Oct 05, 2011. IPO was oversubscribed by 1.57 times (2.35 times in retail) on closing day.
M and B Switchgears is entering in the capital markets with an initial public offering, IPO of 50,00,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 180/- at lower level and Rs 186/- at upper level.
M and B Switchgears Ltd is engaged in manufacturing of distribution transformers, power transformers, furnace/rectifier transformers and special purpose transformers.
The issue opens on Sep 28, 2011 and closes for subscription on Oct 05, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The M and B Switchgears IPO is proposed to open on September 28, 2011. The IPO application ends on October 5, 2011.
Retail investors can apply in the retail or non-institutional investor category from September 28, 2011 to October 5, 2011. The M and B Switchgears IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The M and B Switchgears IPO will open for subscription on September 28, 2011. The public issue will close on October 5, 2011.
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