Madhav Copper Limited FPO IPO
BSE SME₹ 240000 /2400 Shares
*Min Investment
27 Jan, 2020
Open Date30 Jan, 2020
Close Date05 Feb, 2020
Allotment Date07 Feb, 2020
Listing DateIPO Issue Details
- Issue Price Rs 100/- to Rs 102/- Per Equity Share
- Face Value Rs 5/- Per Equity Share
- Issue Price 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
- Listing at BSE SME
- Lead Manager PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
- Registrar BIG SHARE SERVICE PRIVATE LIMITED
IPO Details
- Retail Portion N/A
IPO Details
Madhav Copper Limited FPO IPO is an SME IPO, priced at Rs 100/- to Rs 102/- Per Equity Share . The equity shares have a face value of Rs 5/- Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Jan 27, 2020 to Jan 30, 2020. The allotment is expected to be finalized on Feb 5, 2020, and the tentative listing date is Feb 7, 2020.
The registrar of the IPO is BIG SHARE SERVICE PRIVATE LIMITED, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 13,65,000 | 13,65,000 | 27,30,000 |
Day 1 - 27-01-20 | 7,29,600 0.61 x | 55,200 0.05 x | 7,84,800 0.33 x |
Day 2 - 28-01-20 | 9,24,000 0.78 x | 3,34,800 0.28 x | 12,58,800 0.53 x |
Day 3 - 29-01-20 | 16,62,000 1.4 x | 7,47,600 0.63 x | 24,09,600 1.02 x |
Day 4 - 30-01-20 | 20,41,200 1.72 x | 20,98,800 1.77 x | 41,40,000 1.74 x |
Valuations
IPO - Issue Objectives
Purchase of Plant & Machinery ( Rs 6.49 Cr )
Prepayment/ Repayment of certain secured borrowings of the company ( Rs 2.00 Cr )
Funding the working capital requirements ( Rs 11.00 Cr )
General Corporate Purposes ( Rs [ . ] Cr )
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Madhav Copper Limited | 15.96 | 65.70 | 32.04% | 213.05 |
| Precision Wires India Limited | 1.34 | 10.19 | 13.14% | 1759.42 |
| Ram Ratna Wire Limited | 1.07 | 12.01 | 8.87% | 1253.55 |
| Hindustan Copper Limited | 2.60 | 36.04 | 7.20% | 1852.91 |
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. You can track the real-time subscription numbers using the links below:
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 Madhav Copper Limited FPO IPO price band is set between Rs 100/- to Rs 102/- Per Equity Share .
Ans. To apply for Madhav Copper Limited FPO 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 Madhav Copper Limited FPO IPO allotment status online.
