In the list of upcoming IPO Pulz Electronics Limited is planning to launch the IPO (Initial Public offering). The tentative size of upcoming ipo i.e Pulz Electronic IPO is Rs 3.7 to 3.92 crore. The Pulz Electronic IPO might open on 14 Nov,2017 & close on 16 Nov,2017. Pulz Electronics Ltd. develops and manufactures audio systems.
Pulz Electronics IPO-Upcoming IPO:
- The company was established as Private limited company on 25 July,2005 under the provision of companies Act,1956. At the time of incorporation the name of the company was Pulz Electronics Private Limited.
- Later on the company was converted into public limited company on 22 March, 2017. Plus name of the company was also changed to “Pulz Electronics Limited”.
- Pulz Electronics Ltd. develops and manufactures audio systems and solutions that capitalize on the emergence of new co-axial technology and line array based speaker systems for the cinema, pro-audio, studio and home audio industries.
- Pulz manufacturers an array of world class products specifically designed to cater to object based and channel based futuristic immersive audio formats like Dolby Atmos, DTSX or Auro 3D.
- , Pulz is one of the industry leaders with innovative products and advanced engineering skills.
- chainsThe Pulz manufacturing base is built over 40,000 sq ft of state of the art manufacturing facilities in the outskirts of Mumbai, India. The key components are manufactured in Germany, Italy and Spain.
- A 100 plus dedicated team of highly skilled professionals work relentlessly towards innovation, product development, precision assembly, and stringent quality control.
- The Pulz facility is also designed to build customized products for special venue requirements.
Corporate Identification Number (CIN):
Promoters of Pulz Electronic:
There are only two promoters of the company. They are
- Anirvan Partha Ghose
- Ramakrishnan Krishnaraju Manden Kattil
Key person in Management:
- Anirvan Partha Ghose (Managing Director)
- Mihir Bharat Doshi (Chief Financial Officer)
- Hetali Harish Mehta (Company Secretary & Compliance Officer)
Objective of the Pulz Electronic IPO:
There are three objective of the Pulz Electronic IPO. They are
- Acquisitions and Other Strategic Initiatives
- General Corporate Purpose
- Issue Expenses
Issue Details of IPO (Initial Public Offering):
- Issue Open: Nov 14, 2017
- Issue close :Nov 16, 2017
- Issue Type: Book Built Issue IPO
- Issue Size:726,000 Equity Shares of Rs 10 aggregating up to Rs 3.92 Cr
- Face Value: Rs 10 Per Equity Share
- Issue Price: Rs 51 – Rs 54 Per Equity Share
- Market Lot:
- Minimum Order Quantity:
- Listing At: NSE SME
- Maximum Shares for Retail : 2000
- Minimum bid (no of shares) : 2000
- Minimum investment amount (Rs) 108,000.00
DRHP of Pulz Electronic IPO:
8. Registered Address of the company:
46 Satish Mukherjee Road, Kolkata- 700026, West Bengal, India
9. Lead Manager to the IPO:
SARTHI CAPITAL ADVISORS PRIVATE LIMITED
10. Registar to the ANI IPO:
BIGSHARE SERVICES PRIVATE LIMITED