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Precision Camshafts

Description Precision Camshafts Ltd is worlds leading manufacturer and supplier of camshafts, a critical automobile engine component. Company supply over 150 types of camshafts for passenger vehicles, tractors, light commercial vehicles and locomotive engine applications..... More »

Address E 102/103 MIDC, Akkalkot Road, Solapur, Mahar Pincode : 413 006

Number of Times Issue is Subscribed (BSE + NSE)

As on Date QIB NII RII EMP Total
29-Jan-2016 00:00 2.6200 0.7300 2.0100 1.9100
28-Jan-2016 00:00 0.0000 0.0300 0.5700 0.2900
27-Jan-2016 00:00 0.0000 0.0000 0.1100 0.0600

Issue Terms

Issue price / Floor Price (Rs) 180-186
Application per share (Rs) 186.00
Minimum investment amount (Rs) 14,400.00
Minimum bid (no of shares) 80 shares and in multiples of 80 thereafter
Maximum Shares for Retail 1040

Issue Date and Size

Issue opens 27-Jan-16
Issue closes 29-Jan-16
Listing on BSE, NSE
Issue size (Rs cr) 404.7-410-19
Mkt cap at issue price (Rs cr) N.A.

Lead Managers & Registrar

Lead Manager E-mail
HDFC Bank Limited
India Infoline Limited
Registrar Link Intime India Private Ltd

Shares on Offer

Shares on Offer Lakhs
Total shares offered N.A.
Of above, offered to public N.A.
Post-issue shares N.A.
Post-issue promoters' holding(%) N.A.

Company Financials (Rs cr)

Financials Crore
No of months N.A.
Turnover N.A.
Net profit / (loss) N.A.
Borrowings N.A.

Objects of Issue

    • The Offer comprises a Fresh Issue by the company and an Offer for Sale by the Selling Shareholders. The objects of the fresh Issue are: 1) Establishment of a machine shop for ductile iron camshafts at the EOU unit; and 2) General corporate purposes; and 3) Further, Company expects that the listing of the Equity Shares will enhance its visibility and its brand image among its existing and potential customers.

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