Issue Price: Rs. 190 - Rs. 210 Per Equity Share


Issue Detail:
»» Issue Open: Sep 07, 2011 - Sep 12, 2011
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 5,745,000 Equity Shares of Rs. 10
»» Issue Size: Rs. 109.16 - 120.65 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 190 - Rs. 210 Per Equity Share
»» Market Lot: 30 Shares
»» Minimum Order Quantity: 30 Shares
»» Listing At: BSE, NSE

Incorporated in 2003, PG Electroplast Ltd is in the business of Electronic Manufacturing Services (EMS). Company manufactures verity of electronic component and finished goods for Original Equipment Manufacturers (OEMs) of consumer electronic products in India

Broadly PG Electroplast manufactures products as color television sets (CTV) & components, air conditioners sub-assemblies, DVD players, water purifiers and Compact Fluorescent Lamps (CFL) for third parties. PG Electroplast also do plastic injection moulding and manufacture Printed Circuit Boards (PCB) assemblies for CTVs, DVD players and CFL.

Company has four operational manufacturing facilities located at Greater Noida in Uttar Pradesh, at Roorkee in Uttrakhand, and at Ahmednagar in Maharshtra.

Company Promoters:
The promoters of the Company are:
1. Mr. Promod Gupta
2. Mr. Anurag Gupta
3. Mr. Vishal Gupta
4. Mr. Vikas Gupta

Objects of the Issue:
The proceeds from the proposed Issue of shares are intended to be deployed for:
1. Prepayment of the portion of term loan and line of credit facility proposed to be availed by the Company for the expansion under Phase I
2. Expansion of the manufacturing facility at Unit III, Greater Noida
3. Expansion of the manufacturing facility at Unit IV, Ahmednagar
4. Meeting long term working capital requirements
5. General corporate purposes; and
6. Issue expenses