Artemis Electricals Limited IPO

Artemis Electricals Limited Profile:

Artemis Electricals Limited IPO News, Allotment Status. Listing DateArtemis is an OEM in India focused on LED lighting and allied products established in 2009. The Artemis has proved rapid growth and is recognized for low-cost manufacturing capabilities, proven design expertise and established a high-quality customer base.

Artemis is engaged in manufacturing and trading of Light Emitting Diode “LED” Lights and LED lighting accessories. They manufacture and trade in all sorts of outdoor and indoor LED-based lighting solutions such as Street lights, Solar Powered Home LED lighting Systems and LED-based Street Lights. Downlights, Garden lights, pavement/walkthrough indication lights, etc. Their products are used for illumination and special purposes in a variety of applications for general lighting, in particular architectural, residential, office, industrial, shop, hospitality, and outdoor. Artemis has capabilities in product design, global procurement, turnkey manufacturing, repairs, and maintenance; strong back-end supported by the ERP system.

Artemis Electricals Limited Promoters:

The Promoter of the company is Pravin Kumar Agarwal & M/S Yashvikram Infrastructure Private Limited

Artemis Electricals Limited IPO details:

Symbol:

Issue Size: The Public Offer of up to 70,00,000 Equity Shares

Face Value: Rs. 10

Price Range: Rs. 55.00 to Rs. 60.00

Issue Type: Book Built

Bid Lot: 2,000 equity shares and in multiples thereof.

Minimum Order Quantity: 2000 Equity Shares

Issue Period: 24 Apr 2019 to 30 Apr 2019

Maximum Subscription Amount for Retail Investor: Rs. 2, 00,000

Name of the Registrar: Cameo Corporate Services Ltd.

IPO Market Timings: 10.00 a.m. to 5.00 p.m.

Listing at: BSE, SME

Artemis Electricals Limited Financials:

              

                          Artemis Electricals financial performance (in INR crore)         
FY2016 FY2017 FY2018 7M FY2019
Total revenue 45.34 47.24 89.51 52.42
Total expenses 43.25 44.38 75.37 44.19
Profit after tax 1.55 1.77 9.53 5.93

 

Artemis Electricals Limited Allotment Status:

Artemis Electricals Limited IPO Allotment Date:  N/A
Artemis Electricals Limited IPO Listing Date: 13-May-2019

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