Mayur Electromeck Ltd.
SMEBSETBA
TBA
1 Shares
TBA
₹10
Subscription Details
IPO Timeline
IPO Offer Start
TBA
IPO Offer Ends
TBA
TBA
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | To finance the Capital expenditure requirements for the purchase of Equipment/Machineries for | 59.2 |
| 2 | To part finance the requirement of Working Capital | 165 |
| 3 | Repayment/pre-payment, in full or in part, of certain | 110 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
90.01%
Promoter stake
Offered to Public
32,00,000
shares
About the Company
Our Company is engaged in the manufacturing and sale of wires, cables and related electrical products. We started our operations way back in the year 1995 under the name and style of “M/s Mayur Industries”, a proprietorship concern of Mr. Vikram Bansal, Chairperson and Managing Director of our Company. Over the years, our Company has expanded our product portfolio and manufacturing capabilities across various categories of wires and cables. Our present product portfolio includes power insulated winding wire, Super enamelled Copper Wire, Multi Strands Wire, Cable for Electric Panels, Power Cables, Armoured & Unarmoured Cables, Fire Resistant Cables, Control Cables, Solar Cables and Aluminium Service Cables and PVC Compounds. Our products are used across domestic, commercial, industrial, power distribution and other electrical applications. We primarily operate on a business-to-business (B2B) basis and cater to a diverse customer base comprising distributors, stockists, electrical wholesalers and retailers, electrical contractors, Original Equipment Manufacturers (OEMs), industrial customers and government and institutional buyers. Our supply network spans across multiple states such as including Punjab, Haryana, Delhi, Rajasthan, Uttar Pradesh, Assam, Chhattisgarh, Madhya Pradesh, Gujrat, Maharashtra, Tamil Nadu, West Bengal, Jharkhand, Telangana.
Use of Proceeds
1. To finance the Capital expenditure requirements for the purchase of Equipment/Machineries for Manufacturing Facility (Unit III); 2. To part finance the requirement of Working Capital; 3. Repayment/pre-payment, in full or in part, of certain borrowings availed by our Company; 4. To meet General corporate purposes;
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IPO FAQs
The for the Mayur Electromeck Ltd. IPO is 1 shares, which is also the minimum order quantity — you have to apply for at least 1 shares, and in multiples of 1 beyond that.
Skyline Financial Services Pvt Ltd is the for the Mayur Electromeck Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone 011-26847136/26833777.
Mayur Electromeck Ltd. IPO shares are proposed to be listed on BSE.
Each Mayur Electromeck Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 90.01% of Mayur Electromeck Ltd. before the IPO.
32,00,000 shares of Mayur Electromeck Ltd. are being offered to the public in this issue.
- 1.To finance the Capital expenditure requirements for the purchase of Equipment/Machineries for Manufacturing Facility (Unit III)
- 2.To part finance the requirement of Working Capital
- 3.Repayment/pre-payment, in full or in part, of certain borrowings availed by our Company
- 4.To meet General corporate purposes
Synfinx Capital Pvt Ltd is the book running lead manager for the Mayur Electromeck Ltd. IPO.
Pre-apply means placing your Mayur Electromeck Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Mayur Electromeck Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Mayur Electromeck Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.