IPO

Madhav Copper Limited FPO IPO

BSE SME

Offer Date: Jan 27, 2020 - Jan 30, 2020

₹ 120000 /1200 Shares

IPO Details

27 Jan, 2020

Open Date

30 Jan, 2020

Close Date

05 Feb, 2020

Allotment Date

07 Feb, 2020

Listing Date

Issue Price

Rs 100/- to Rs 102/- Per Equity Share 

Face Value

Rs 5/- Per Equity Share 

Listing at Group

BSE SME

Registrar

BIG SHARE SERVICE PRIVATE LIMITED

Market Lot

1200 Equity Shares (Rs 1,22,400/-)

Lead Manager

PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED

Issue Size

Fresh issue of 24,99,600 Equity Shares of Rs 5/- at a price of Rs 100/- to Rs 102/- per share aggregating to Rs 25.50 Cr

Retail Portion

N/A

Subscription

41,40,000 1.74 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved13,65,00013,65,00027,30,000
Day 1 - 27-01-207,29,600 0.61 x55,200 0.05 x7,84,800 0.33 x
Day 2 - 28-01-209,24,000 0.78 x3,34,800 0.28 x12,58,800 0.53 x
Day 3 - 29-01-2016,62,000 1.4 x7,47,600 0.63 x24,09,600 1.02 x
Day 4 - 30-01-2020,41,200 1.72 x20,98,800 1.77 x41,40,000 1.74 x

Valuations

Earnings Per Share (EPS)

Rs 1.55/-

P/E Ratio

65.70

RoNW

32.04%

Net Asset Value (30.09.19)

Rs 6.39/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
Madhav Copper Limited15.9665.7032.04%213.05
Precision Wires India Limited1.3410.1913.14%1759.42
Ram Ratna Wire Limited1.0712.018.87%1253.55
Hindustan Copper Limited2.6036.047.20%1852.91

- Promoter(s)


Company Promoter(s)

  1. Mr. Nilesh Patel
  2. Mr. Rohit Chauhan
  3. Mr. Divya Monpara

IPO - Issue Objectives

  1. Purchase of Plant & Machinery ( Rs 6.49 Cr )
  2. Prepayment/ Repayment of certain secured borrowings of the company ( Rs 2.00 Cr )
  3. Funding the working capital requirements ( Rs 11.00 Cr )
  4. General Corporate Purposes ( Rs [ . ] Cr )

IPO - FAQs

Ans. Madhav Copper Limited FPO IPO is a SME IPO. The issue is priced at Rs 100/- to Rs 102/- Per Equity Share . The minimum order quantity is 1200 Shares. The IPO opens on Jan 27, 2020, and closes on Jan 30, 2020. BIG SHARE SERVICE PRIVATE LIMITED is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Madhav Copper Limited FPO IPO opens on Jan 27, 2020 and closes on Jan 30, 2020.

Ans. The size of Madhav Copper Limited FPO IPO is Fresh issue of 24,99,600 Equity Shares of Rs 5/- at a price of Rs 100/- to Rs 102/- per share aggregating to Rs 25.50 Cr.

Ans. The IPO price band is set between Rs 100/- to Rs 102/- Per Equity Share .

Ans. To apply for Madhav Copper Limited FPO IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Madhav Copper Limited FPO IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Madhav Copper Limited FPO IPO is Feb 5, 2020.

Ans. The Madhav Copper Limited FPO IPO will be listed on Feb 7, 2020.

Ans. Follow the steps to check the allotment status for Madhav Copper Limited FPO IPO here.