Evans Electric Ltd.
 
No. 431, Orchard Mall, 3rd Floor, Royal Palms Estate, Aarey Mil Mumbai, Maharashtra - 400065
Phone: 28729506

Public Issue of 372000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 42.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
30/04/201903/05/201952.00 -
Lead Managers Registrar Listed at
HEM SECURITIES LTD.
Bigshare Services Pvt Ltd.
Bharat Tin Works Building,
1st Floor, Opp.Vasant Oasis,, Makwana Road,
Mumbai, Maharashtra - 400059
Phone: 62638200 Fax: 62638299
BSE
Object of the issue

The Issue includes a fresh Issue of 3,72,000 Equity Shares of the Company at an Issue Price of Rs. per Equity Share.

The Fresh Issue

The Company intends to utilize the Issue Proceeds towards the following objects:

• To Meet Working Capital Requirements,
• General Corporate purpose and,
• To Meet the Issue Expenses.

Project Cost
(Rs. in Crs.)
ISSUE EXPENSES0.45
WORKING CAPITAL REQUIREMENTS1.11
GENERAL CORPORATE EXPS.0.37
TOTAL COST1.93
Promoted by

The Promoter of the Company is Mr. Ivor Anthony Desouza

1. Mr. Ivor Anthony Desouza: his, aged 72 years, is Promoter, Chairman and Non- Executive Director of the Company. He holds a Diploma in Electrical Engineering from Board of Technical Exam, Maharashtra. He has experience of about 46 years in field of Electrical engineering. He has been in the Company since 1972. He has an instrumental role in the growth, planning and implementation of the strategies of the Company. His leadership abilities have lead to the overall growth and development of the Company. For details of his educational qualifications, date of birth, experience, and other directorships, please refers "the Management” on page 100 of this Draft Prospectus.

Nationality: Australian

PAN: AABPD7426N

Passport No: PA7547880

Driving License: MH0220010082633

Aadhar No: 795945506938

Address: Del House, 7 Central Avenue, Near Rose Manor School, Santacruz, Mumbai-400054, Maharashtra, India.

Partnership Firms: Evans Electric (Goa) Company