Five Core Electronics Limited

Delhi based Five Core Electronics Limited was incorporated in 2002. It manufactures and exports a wide range of Public Address Systems - Woofers, Amplifiers, Computer Speakers, Headphones and many more. It also trades in fabric.
It has a strong presence in the overseas market with its products sold in 56 countries across 6 continents through a network of over 350 distributors and dealers. In India, the company is present in 17 States.

Issue Details

Five Core Electronics Limited IPO

 Issue Open

 May 09, 2018 - May 11, 2018 

 Issue Price  Rs 140 Per Equity Share  
 Market Lot  1000 Shares 
 Minimum Order  Quantity  1000 Shares
 Issue Size  3,333,000 Equity Shares of Rs 10 aggregating up to Rs   46.66 Cr  
 Face Value  Rs 10/-
 Listing At  NSE SME


Company Promoters:

The promoters of the company are Amarjit Singh Kalra and
Surinder Kaur Kalra.

Objects of Five Core Electronics Limited - SME IPO:

The Objects of the Issue are:

1. To meet the working capital requirements of the Company
2. To meet the working capital requirements of the Subsidiary, 5 Core Acoustics Private Limited
3. General Corporate Purpose
4. Repayment of Unsecured Loan of Promoters/Directors
5. Issue Expenses

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