New IPO Alert :-- Power Mech Projects Date - 7-11 August 2015 Band - 615 - 640 Bid Lot - 20 shares

Please Share::

�� India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details ��

��

-->

Issue Terms
Issue price / Floor Price (Rs)	615-640
Application per share (Rs)	615.00
Minimum investment amount (Rs)	12,300.00
Minimum bid (no of shares)	20 shares and in multiples of 20 thereafter
Maximum Shares for Retail	312.5

Issue Date and Size
Issue opens	07-Aug-15
Issue closes	11-Aug-15
Listing on	BSE, NSE

Shares on Offer	Lakhs
Total shares offered	42.69

Lead Managers & Registrar
Lead Manager(1)	Kotak Mahindra Capital Company Limited
E-mail	pmpl.ipo@kotak.com
Lead Manager(2)	India Infoline Limited
E-mail	pmpl.ipo@iiflcap.com
Registrar	Karvy Computershare Private Limited
E-mail	einward.ris@karvy.com

Company Contact Details
Company's address	Plot No 77, Jublee Enclave, Opp. Hitex, Madhapur, Hyderabad - 500081 Telangana, INDIA
Pincode	500081
Tel No.	040-30444444
Fax No.	040-30444400
Website	http://http://www.powermechprojects.in/

Description

Power Mech Projects Ltd. Is an integrated power infrastructure services company providing comprehensive erection, testing and commissioning of boilers, turbines and generators (ETC-BTG) and balance of plant (BOP) works, civil works and operation and maintenance (O&M) services. The operations include three principal business lines: (i) Erection Works; (ii) Operation & Maintenance (O&M) Services; and (iii) Civil Works.

Objects of Issue
Repayment / pre-payment/ advance payment, in full or part, of certain borrowings availed by our Company and repayment of buyer’s credit and retirement of foreign letter of credit; Funding working capital requirements of our Company; and General Corporate Purposes