Bookbuilding IPO | ₹4 Cr | Listed at NSE SME | Tue, Nov 14, 2017 - Thu, Nov 16, 2017
Pulz Electronics IPO is a book build issue of ₹3.92 crores. The issue is entirely a fresh issue of 0.07 crore shares of ₹3.92 crore.
Pulz Electronics IPO bidding started from Nov 14, 2017 and ended on Nov 16, 2017. The shares got listed on NSE SME on Nov 24, 2017.
Pulz Electronics IPO price band is set at ₹54 per share.
Sarthi Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Choice Equity Broking Pvt.Ltd..
Refer to Pulz Electronics IPO RHP for detailed Information.
IPO Open
Tue, Nov 14, 2017
IPO Close
Thu, Nov 16, 2017
Issue Price
₹54 per share
Market Cap (Pre-IPO)
₹14.72 Cr
| IPO Date | 14 to 16 Nov, 2017 |
| Listed on | Fri, Nov 24, 2017 |
| Face Value | ₹10 per share |
| Price Band | ₹51 to ₹54 |
| Issue Price | ₹54 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 7,26,000 shares (agg. up to ₹4 Cr) |
| Reserved for Market Maker | 38,000 shares Choice Equity Broking Pvt.Ltd. (agg. up to ₹0.2052 Cr) |
| Fresh Issue (Ex Market Maker) | 6,88,000 shares (agg. up to ₹4 Cr) |
| Net Offered to Public | 6,88,000 shares (agg. up to ₹4 Cr) |
| Share Holding Pre Issue | 20,00,000 shares |
| Share Holding Post Issue | 27,26,000 shares |
| NSE Symbol | PULZ |
| ISIN | INE335X01014 |
Pulz Electronics IPO comprises a total issue size of 7,26,000 shares. The net offer to the public is 6,88,000 shares, after excluding 38,000 shares allotted on a firm basis. Of the Net offer 3,44,000 (50.00%) allocated to NII 3,44,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 3,44,000 | 50.00% | 47.38% |
| Retail Shares Offered | 3,44,000 | 50.00% | 47.38% |
| Firm Reservations | |||
| Market Maker Shares Offered | 38,000 | 5.23% | |
| Total Shares Offered | 7,26,000 | 100.00% | 100.00% |
Incorporated in 2005, Pulz Electronics is involve in development and manufacturing of high quality audio system and solution using Co-Axial technology and line array based speaker systems for the cinema, Pro Audio, Studio and Home Audio Industries such as Co-Axial Surround Speaker, Hi Power and in wall Subwoofers, Hi Power Co-Axial Speakers etc.
Pulz Electronics manufactures sound systems, which predominantly includes speakers and amplifiers. The company also imports and sells certain special types of amplifiers from China. The company also undertakes annual maintenance contracts for audio systems.
Pulz Electronics has a manufacturing facility located on the outskirts of Mumbai at Palghar, along with a large warehousing facility which is well stocked with off-the-shelf Pulz products. The warehouse enables ultra-fast turnaround times for projects that require equipment at a shorter notice.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquisitions and Other Strategic Initiatives | 2.51 |
| 2 | General Corporate purposes | 0.96 |
| 3 | Issue expenses | 0.45 |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Market Makers, Bankers etc. | 0.35 |
| 2 | Regulatory Fees & Other Expenses | 0.10 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹54.00 |
| Open | ₹64.80 |
| Low | ₹58.30 |
| High | ₹64.80 |
| Last Trade | ₹64.05 |
Lead Manager Reports
Pulz Electronics IPO is a SME IPO of 7,26,000 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹54 per share. The minimum order quantity is .
The IPO opens on Tue, Nov 14, 2017, and closes on Thu, Nov 16, 2017.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Pulz Electronics IPO using UPI as a payment gateway. Zerodha customers can apply in Pulz Electronics IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Pulz Electronics IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Pulz Electronics IPO opens on Tue, Nov 14, 2017 and closes on Thu, Nov 16, 2017.
Pulz Electronics IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Pulz Electronics IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Pulz Electronics IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Pulz Electronics IPO allotment status.
The Pulz Electronics IPO listing date is on Fri, Nov 24, 2017.
