247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

M and B Switchgears Limited IPO (M and B Switchgears IPO) Details

M and B Switchgears Limited is an Electric Equipments - Transformers based company, located in Indore, M and B Switchgears Limited IPO size was 93.00 Cr. and was issued at 186.00 per share. The share of M and B Switchgears Limited were listed at 317.55 per share and are currently trading at per share.

Type :
Sub Sector : Manufacturing Of Distribution Transformers Power Transformers
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
33.99 Cr.

PAT :
0.79 Cr.

Pricing Report

Issue Price :
186.00

Listing Price :
317.55

Current Market Price :

Issue Price vs CMP :
186 (100.00%)

listing Price vs CMP :
317.55 (100.00%)

Performance Report (CAGR* wise)

CAGR : -100
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About M and B Switchgears

Company Information
M and B Switchgears Limited has been in the transformer manufacturing business for over 30 years and is recognized as a preferred and regular supplier of quality transformers. Its growth has been driven by continuous modernization, expansion, and the adoption of the latest technology and processes. Initially, the company had a manufacturing capacity of 550 transformers per annum, but over time it has expanded to a capacity of 5,109 transformers per annum.

The current annual production capacity is 75,000 KVA of transformers per month on a single-shift basis, with an aggregate annual capacity of 9,00,000 KVA. According to the restated financial statements, the company's total income has grown from Rs. 1,618.51 Lacs in fiscal 2007 to Rs. 3,750.42 Lacs in fiscal 2010. Similarly, the
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Object of Issue
  • To set up their new grid connected MWp solar photovoltaic power plant at Village Gagorni, DisttRajghar, Madhya Pradesh and
  • To meet General corporate purpose

M and B Switchgears MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Oct, 2011
IPO Size :
93.00 Cr.
IPO Subscription :
1.57 X     
PE Multiple :
34.04
IPO Registrar:
Bigshare Services Private Limited

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Peer Companies Of This Sector

FAQs

M and B Switchgears operates in Electric Equipments - Transformers and Manufacturing Of Distribution Transformers Power Transformers. The Issue is listed on MainBoard in Oct, 2011. M and B Switchgears IPO size was 93.00 Cr. with Issue price of 186.00 .

Merchant Banker(s) of M and B Switchgears IPO: D And A Financial Services Private Limited

M and B Switchgears IPO subscription was 1.57 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

M and B Switchgears IPO listed at a listing price of 317.55 against the offer price of 186.00.

The current market price of M and B Switchgears is .

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