MV Electrosystems Ltd - IPO

MV Electrosystems Ltd IPO Details

Initial public issue of up to [*] equity shares of face value of Rs. 5/- each (equity shares) of MV Electrosystems Limited (the company) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (issue price) aggregating up to Rs. 290.00 crores (issue). The issue shall constitute [*]% of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 5/- each and the issue price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Funding long-term working capital requirements of the Company. Investment in research design and development activities for new power electronic equipment. General Corporate Purpose.

MV Electrosystems Ltd Contact Details

MV Electrosystems Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - cs@mvelectrosystems.com

Website - www.mvelectrosystems.com