IPO

IPO Synopsis

Mahip Industries Ltd
Registered Office: Survey No. 127 Jalalpur-Godhn.,Dholka - Bagodara Highway , Ahmedabad - 387810 , Gujarat , India.
Phone : 91-079-40048788   Fax:
Email :  cs@mahipindustriesltd.in  
Website :  www.mahipindustriesltd.in
Initial public issue of 51,96,000 equity shares of face value of Rs10/- each of Mahip Industries Limited ("MIL" or The "Company" or The "Issuer") for cash at a price of Rs32/- per equity share including a share premium of Rs22/- per equity share (The "Issue Price") aggregating to Rs16.63 crores ("The Issue"), of which 2,60,000 Equity shares of face value of Rs10/- each for cash at a price of Rs32/- per equity share including a share Premium of Rs22/- per equity share aggregating to Rs0.83 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 Rs10/- each at a price of Rs32/- per Equity share aggregating to Rs15.80 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 Rs10 each and the issue price is Rs32/- 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-19 01-Mar-19 Rs 32.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :4000
  (Rs 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 Rs 32.00
Projects
Funding the working capital requirements of the company General corporate purposes
Promoted By Listing At Registrar to the Issue
  Rajiv Govindram Agrawal
  Rajiv Govindram Agrawal HUF
 BSE - SME
No Data Found.

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