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IPO

IPO Details


Mahickra Chemicals Ltd
Registered Office: Plot No 1209 Phase-3, GIDC Vatva, Ahmedabad - 382445, Gujarat
Phone: 91-079-25890811/25832692
Email: info@mahickra.com
Website: www.mahickra.com
Initial public offer consisiting of fresh issue of upto 21,00,000 equity shares of face value of 10/- each fully paid (equity shares) of Mahickra Chemicals Limited (The Compay or The Issuer) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (the issue price) aggregating up to Rs. [*] crores (the issue) of which upto 1,08,000 equity shares of face value Rs. 10/- each for cash at a price of Rs. [*] per equity share, aggregating Rs. [*] will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 19,92,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*] per equity share, aggregating Rs. [*] is hereinafter refered to as the net issue. The issue and the net issue will constitute [*]% and [*]%, respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 24/- to Rs. 25/- per equity share of face value of Rs. 10 each. The Floor price is 2.4 times the face value and the cap price is 2.5 times the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
16-Apr-2018 18-Apr-2018 ₹ 25.00 ₹ 0.00
Minimum Application for shares in Nos : 6000 Further Multiples of : 6000
(₹)Cr. Lead Managers to the Issue
Project Cost 5.25 Pantomath capital Advisors Pvt Ltd
Project Financed through Current Offer 5.25
Post Issue Equity Share Capital 7.23
Issue Price ₹25.00
Projects
Funding the working capital requirements of the company
General corporate purpose
Promoted By
Miteshkumar Champaklal Gandhi
Ashishkumar Champaklal Gandhi
Komal Mitesh Gandhi
Listing At
NSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd

INDIAN INDICES

Sensex

84,544.31 1,359.51 (1.63%)

Nifty

25,790.95 375.15 (1.48%)

GLOBAL INDICES

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NASDAQ

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