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Marine Electricals (India) Ltd
Registered Office: B/1 Udyog Sadan No 3,MIDC Andheri (East), Mumbai - 400093, Maharashtra, India.
Phone : 91-22-40334300   Fax:
Email :  cs@marineelectricals.com  
Website :  www.marineelectricals.com
Public issue of 64,96,000 equity shares of (Rs) 10 each ("equity shares") of Marine Electricals (India) Limited ("meil" or the "company") for cash at a price of (Rs) 66 per share (the "issue price"), aggregating to (Rs) 42.87 Crores ("the issue"), of which 3,36,000 equity shares of (Rs) 10 each will be reserved for subscription by market makers to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 61,60,000 equity shares of (Rs) 10 each is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.48% and 25.11%, respectively of the post issue paid up equity share capital of the company. The face value of equity shares of (Rs)10 each. The issue price is (Rs)66 per equity share, which is 6.6 times of the face value of the equity share.
Issue Money Payable On
Opens On Closes On Application Allotment
28-Sep-18 03-Oct-18 66.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
  (Rs.Cr) Lead Managers to the Issue
Project Cost 42.87 Aryaman Financial Services Ltd
Project Financed through Current Offer 42.87  
Post Issue Equity Share Capital 24.53  
Issue Price 66.00  
Projects
Working Capital Requirements General Corporate Purposes
Promoted By
Vinay Uchil
Venkatesh Uchil
KDU Enterprises Pvt Ltd
Listing At
NSE - SME
Registrar to the Issue
No Data Available
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