IPO

Mahip Industries Limited IPO

BSE SME

Offer Date: Feb 26, 2019 - Mar 1, 2019

₹ 128000 /4000 Shares

IPO Details

26 Feb, 2019

Open Date

01 Mar, 2019

Close Date

07 Mar, 2019

Allotment Date

12 Mar, 2019

Listing Date

Issue Price

Rs 32/- Per Equity Share 

Face Value

Rs 10/- Per Equity Share 

Listing at Group

BSE SME

Registrar

BIGSHARE SERVICES PRIVATE LIMITED

Market Lot

4000 Shares (Rs 1,28,000/-)

Lead Manager

Finshore Management Services Limited

Issue Size

Fresh issue of 51,96,000 Equity Shares of Rs 10/- at a price of Rs 32/- per share aggregating to Rs 16.63 Cr

Retail Portion

N/A

Subscription

75,88,000 1.54 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved24,68,00024,68,00049,36,000
Day 1 - 26-02-1927,96,000 1.13 x7,88,000 0.32 x35,84,000 0.73 x
Day 2 - 27-02-1931,08,000 1.26 x12,56,000 0.51 x43,64,000 0.88 x
Day 3 - 28-02-1932,80,000 1.33 x23,92,000 0.97 x56,72,000 1.15 x
Day 4 - 01-03-1937,80,000 1.53 x38,08,000 1.54 x75,88,000 1.54 x

Valuations

Earnings Per Share (EPS)

Rs 2.23/-

P/E Ratio

14.35

RoNW

18.97%

Net Asset Value (Post Issue)

Rs 21.71/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
Mahip Industries Limited1.9814.4113.35%140
Worth Peripherals Limited1.6215.5911.23%148

- Promoter(s)


Company Promoter(s)

  1. Mr. Rajiv Govindram Agrawal
  2. Rajiv Govindram Agarwal (HUF)

IPO - Issue Objectives

  1. Funding the working capital requirements. ( Rs 12.87 Cr )
  2. General Corporate Purposes. ( Rs 2.50 Cr )
  3. Issue related expenses. ( Rs 1.25 Cr )

IPO - FAQs

Ans. Mahip Industries Limited IPO is a SME IPO. The issue is priced at Rs 32/- Per Equity Share . The minimum order quantity is 4000 Shares. The IPO opens on Feb 26, 2019, and closes on Mar 1, 2019. BIGSHARE SERVICES PRIVATE LIMITED is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Mahip Industries Limited IPO opens on Feb 26, 2019 and closes on Mar 1, 2019.

Ans. The size of Mahip Industries Limited IPO is Fresh issue of 51,96,000 Equity Shares of Rs 10/- at a price of Rs 32/- per share aggregating to Rs 16.63 Cr.

Ans. The IPO price band is set between Rs 32/- Per Equity Share .

Ans. To apply for Mahip Industries Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Mahip Industries 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 Mahip Industries Limited IPO is Mar 7, 2019.

Ans. The Mahip Industries Limited IPO will be listed on Mar 12, 2019.

Ans. Follow the steps to check the allotment status for Mahip Industries Limited IPO here.