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Artemis Electricals Limited

Artemis Electricals Limited, incorporated in 2009 and based in Mumbai, is engaged in the manufacturing and trading of LED lights and LED lighting accessories, catering to both indoor and outdoor lighting needs. The company manufactures LED drivers at its Vasai facility and uses third-party facilities for LED bulbs, supplying finished products to OEMs who brand and sell them to retail customers. Its product portfolio includes LED panel lights, street lights, solar-powered lights, downlights, spotlights, architectural lights, bulbs, and solar-powered fans and lanterns. With a workforce of 32 employees and 11 contractors, including two in R&D, the company operates primarily from its Vasai manufacturing plant. As of October 2018, Artemis Electricals reported revenues of Rs 5,241.26 lakhs from the sale of LED products and accessories, without a clear split between manufacturing and trading income.

₹55 - ₹60Open
Listed Price70.00
Listing Gain+16.67%
TimelineBookbuilding IPO
Open24 Apr 2019
Close06 May 2019
Allotment08 May 2019
Listing14 May 2019

Quota Reservation Portions

Market MakerPortion: 3,56,000 shares
5.09%
HNIPortion: 33,22,000 shares
47.46%
RetailPortion: 33,22,000 shares
47.46%

Minimum Application Bracket Matrix

Retail1 lots / 2,000 shares
₹1,20,000
HNI2 lots / 4,000 shares
₹2,40,000

About the Company

Artemis Electricals Limited, incorporated in 2009 and based in Mumbai, is engaged in the manufacturing and trading of LED lights and LED lighting accessories, catering to both indoor and outdoor lighting needs. The company manufactures LED drivers at its Vasai facility and uses third-party facilities for LED bulbs, supplying finished products to OEMs who brand and sell them to retail customers. Its product portfolio includes LED panel lights, street lights, solar-powered lights, downlights, spotlights, architectural lights, bulbs, and solar-powered fans and lanterns. With a workforce of 32 employees and 11 contractors, including two in R&D, the company operates primarily from its Vasai manufacturing plant. As of October 2018, Artemis Electricals reported revenues of Rs 5,241.26 lakhs from the sale of LED products and accessories, without a clear split between manufacturing and trading income.

Company Promoters

Mr. PravinKumar Agarwal.M/s Yashvikram Infrastructure Private Limited

Registrar

Cameo Corporate Services Limited
Artemis Electricals Limited IPO Details | GMP, Allotment & Financials | IPO Trending