Business Standard

B.C. Power Controls Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

10.37 cr

Price Range (₹)

18

Lot Size

8000

Min Investment (₹)

1,44,000.00

Listing Exchange

BSE - SME

Open Date

24-Feb-2014

Close Date

28-Feb-2014

Listing Date

14-Mar-2014

B.C. Power Controls Ltd News

    The Shares of B.C. Power Controls Ltd have now been listed.

    B.C. Power Controls Ltd IPO Details

    Public issue of 57,60,000 equity shares of face value of Rs. 10/- each fully paid of B.C. Power Controls Limited (BCPL or The Company or The Issuer) for cash at a price of Rs. 18/- per equity share (The Issue Price) (including a share premium of Rs. 8/- per equity share aggregating Rs. 10.37 crores (The Issue) by the company, of which 2,88,000 equity shares of Rs. 10/- fully paid each will be reserved for subscription by market maker to the issue (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. Issue of 54,72,000 equity shares of Rs. 10/- each fully paid is hereinafter referred to as the Net issue. The issue and the net issue will constitute 48.98 % and 46.53 %, respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10/- each. The issue price is Rs. 18/-. The issue price is 1.80 times the face value.

    Objective of issue

    Working Capital requirements. General corporate purposes.

    B.C. Power Controls Ltd Contact Details

    B.C. Power Controls Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

    Phone - 91-22-40430200/28470652

    Fax - 91-22-28475207

    Email - info@bonlongroup.com

    Website - www.bcpowercontrols.com; www.bonloncables.com