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IPO

IPO Details


Mahip Industries Ltd
Registered Office: Survey No. 127 Jalalpur-Godhn., Dholka - Bagodara Highway, Ahmedabad - 387810, Gujarat
Phone: 91-079-40048788
Email: cs@mahipindustriesltd.in
Website: www.mahipindustriesltd.in
Initial public issue of 51,96,000 equity shares of face value of Rs. 10/- each of Mahip Industries Limited ("MIL" or The "Company" or The "Issuer") for cash at a price of Rs. 32/- per equity share including a share premium of Rs. 22/- per equity share (The "Issue Price") aggregating to Rs. 16.63 crores ("The Issue"), of which 2,60,000 Equity shares of face value of Rs.10/- each for cash at a price of Rs. 32/- per equity share including a share Premium of Rs. 22/- per equity share aggregating to Rs. 0.83 crores will be reserved for subscription by Market maker to the issue (The "market maker reservation portion"). The issue less the market maker Reservation portion i.e. Net issue of 49,36,000 equity shares of face value of Rs. 10/- each at a price of Rs. 32/- per Equity share aggregating to Rs. 15.80 crores is herein after referred to as the "net issue". The issue and The net issue will constitute 27.01% and 25.65%, respectively of the post issue paid up equity share capital of the company The Face value of the equity shares is Rs. 10 each and the issue price is Rs. 32/- per share i.e. 3.2 time of the face value of the equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
26-Feb-2019 01-Mar-2019 ₹ 32.00 ₹ 0.00
Minimum Application for shares in Nos : 4000.0 Further Multiples of : 4000.0
(₹)Cr. Lead Managers to the Issue
Project Cost 16.63 Finshore Management Services Ltd
Project Financed through Current Offer 16.63
Post Issue Equity Share Capital 19.24
Issue Price ₹32.00
Projects
Funding the working capital requirements of the company
General corporate purposes
Promoted By
Rajiv Govindram Agrawal
Rajiv Govindram Agrawal HUF
Listing At
BSE - SME
Registrar to the Issue
No Data Available

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