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IPO

IPO Details


MMP Industries Ltd
Registered Office: 211 Shrimohini, 345 Kingsway, Nagpur - 440001, Maharashtra
Phone: 91-712-2524645/2533585
Email: companysecretary@mmpil.com
Website: www.mmpil.com
Public issue of 45,00,000 equity shares of face value of Rs. 10.00 each of MMP Industries Limited ("the company" or "the issuer") for cash at a price of Rs. 188 per equity share ("issue price") (including a share premium of Rs. 178 per equity share) aggregating to Rs. 84.60 crores ("the issue"). of the issue, 2,25,000 equity shares aggregating to Rs. 4.23 crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 42,75,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 188 per equity share aggregating to Rs. 80.37 crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.57% and 25.24%, respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs.10 each and the issue price is Rs.188 is 18.80 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
28-Mar-2018 04-Apr-2018 ₹ 188.00 ₹ 0.00
Minimum Application for shares in Nos : 600.0 Further Multiples of : 600.0
(₹)Cr. Lead Managers to the Issue
Project Cost 84.60 Guiness Corporate Advisors Pvt Ltd
Project Financed through Current Offer 84.60
Post Issue Equity Share Capital 16.94
Issue Price ₹188.00
Projects
Setting up a new facility for manufacturing of Atomised Aluminium Powder, Pyro and Flake Aluminium Powder and Aluminium Foils
Prepayment or repayment of a portion of loan facilities availed by the company
General corporate purposes
Promoted By
Arun Bhandari
Listing At
NSE - SME
Registrar to the Issue
No Data Available

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