IPO

Mahickra Chemicals Limited IPO

NSE SME

Offer Date: Apr 16, 2018 - Apr 18, 2018

₹ 144000 /6000 Shares

IPO Details

16 Apr, 2018

Open Date

18 Apr, 2018

Close Date

24 Apr, 2018

Allotment Date

26 Apr, 2018

Listing Date

Issue Price

Rs 24 - Rs 25 Per Equity Share 

Face Value

Rs 10 Per Equity Share 

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt. Ltd

Market Lot

6000 Shares (Rs 1,50,000/-)

Lead Manager

PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED

Issue Size

21,00,000 Equity Shares of Rs 10/- each at a price of Rs 24/- to Rs 25/- per share aggregating to 5.25 Cr 

Retail Portion

N/A

Subscription

times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved9,96,0009,96,00019,92,000
Day 1 - 16-04-182,10,000 0.21 x4,98,000 0.50 x7,08,000 0.36 x
Day 2 - 17-04-186,84,000 0.69 x32,46,000 3.26 x39,30,000 1.97 x
Day 3 - 18-04-182,23,74,000 22.46 x3,36,36,000 33.77 x5,60,10,000 28.12 x
Day 4 - 17-04-18N/A xN/A xN/A x

Valuations

Earnings Per Share (EPS)

Rs 0.49

P/E Ratio

51.28

RoNW

14.86%

Net Asset Value (NAV) - (as on 31.12.17)

Rs 13.27

Company Financials All values are in ₹ Cr.

- Promoter(s)

Company Promoter(s)

  1. Mr. Miteshkumar Champaklal Gandhi
  2. Mr. Ashishkumar Champaklal Gandhi
  3. Mrs. Komal Mitesh Gandhi

IPO - Issue Objectives

  1. Funding the working capital requirements of the Company
  2. General Corporate Purposes

IPO - FAQs

Ans. Mahickra Chemicals Limited IPO is a SME IPO. The issue is priced at Rs 24 - Rs 25 Per Equity Share . The minimum order quantity is 6000 Shares. The IPO opens on Apr 16, 2018, and closes on Apr 18, 2018. Bigshare Services Pvt. Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Mahickra Chemicals Limited IPO opens on Apr 16, 2018 and closes on Apr 18, 2018.

Ans. The size of Mahickra Chemicals Limited IPO is 21,00,000 Equity Shares of Rs 10/- each at a price of Rs 24/- to Rs 25/- per share aggregating to 5.25 Cr .

Ans. The IPO price band is set between Rs 24 - Rs 25 Per Equity Share .

Ans. To apply for Mahickra Chemicals Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Mahickra Chemicals Limited 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 Mahickra Chemicals Limited IPO is Apr 24, 2018.

Ans. The Mahickra Chemicals Limited IPO will be listed on Apr 26, 2018.

Ans. Follow the steps to check the allotment status for Mahickra Chemicals Limited IPO here.