Servotech Power Systems IPO

Servotech Power Systems IPO

Servotech Power Systems IPO

Servotech Power Systems IPO

Servotech Power Systems used to manufacture Inverters, UPS and Servo Stablizers under the brand name “SERVOTECH” but started production of LED products in the year 2011. It is selling LED products under the brand "SAARA". The company manufactures energy efficient luminaries for residential, industrial, and commercial applications. Its products include LED light bulbs, LED downlights, LED flood light, LED panel lights, LED tube lights, LED bay lights, outdoor lights (street lights, floodlights).

It is also a manufacturer and supplier of a comprehensive range of Solar Products that includes Solar BLDC Fan, Solar Home Light systems, Solar PWM Charge Controller, Solar MPPT Charge Controller, Solar water pump etc. The company’s entire range of products is fabricated at its manufacturing unit that is spread over an area of 1000 square meter and is equipped with latest machines.

Most of its contracts for LED products are awarded on tender basis. The company bids for various government agencies/corporations/corporates via open tenders. Its customer base includes Tamil Nadu Energy Development Agency, Indian Oil Corporation Limited, Energy Efficiency Services Limited, Bharat Petroleum Corporation Limited, National Small Industries Corporation Limited.

Promoters of Servotech Power Systems – Raman Bhatia and Sarika Bhatia

Servotech Power Systems IPO details

Subscription Dates9 - 14 August 2017
IPO Price bandINR31 per share
Fresh issue 4,880,000 shares (INR15.12 crore)
Offer for sale Nil
Total IPO size4,880,000 shares (INR15.12 crore)
Minimum bid (lot size)4,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE Emerge SME platform

Servotech Power Systems' financial performance (in INR crore)

FY2013FY2014FY2015FY2016FY2017
Total revenue26.333.932.251.783.2
Total expenses25.732.730.949.875.6
Profit after tax0.30.80.811.75.1

Servotech Power Systems Contact Details

Servotech Power Systems 
806, 8th Floor, Crown Heights, Hotel Crown Plaza
Sector 10, Rohini,
New Delhi- 110085

Phone: +91 11 41117657-60
Email: [email protected]
Website: www.servotechindia.in

Servotech Power Systems IPO Subscription Details

Day

Subscription (no. of times)

Day 10.03
Day 20.16
Day 30.23
Day 41.43

 

Servotech Power Systems Valuation (latest FY)

Earnings Per Share (EPS): INR4.94

Price/Earnings (P/E) ratio: 6.28

Return on Net Worth (RONW): 38.5%

Net Asset Value (NAV): INR12.83 per share

Registrar of Servotech Power Systems IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax: 
+91 22 2847 5201
Email:
[email protected]
Website: www.bigshareonline.com

Servotech Power Systems IPO Allotment Status

Servotech Power Systems IPO allotment status will be available on Bigshare Services' website. Click on this link to get allotment status.

LISTING PERFORMANCE OF Servotech Power Systems IPO

IPO Opening Date: 9 August 2017

IPO Closing Date: 14 August 2017

Listing Date: To be updated

Listing Price on NSE SME: To be updated

Closing Price on NSE SME: To be updated

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