IPO

Mahickra Chemicals Limited IPO

NSE SME

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

₹ 288000 /12000 Shares
*Min Investment

16 Apr, 2018

Open Date

18 Apr, 2018

Close Date

24 Apr, 2018

Allotment Date

26 Apr, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 24 - Rs 25 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 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 
  • Listing at NSE SME
  • Lead Manager PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
  • Registrar Bigshare Services Pvt. Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Mahickra Chemicals Limited IPO is an SME IPO, priced at Rs 24 - Rs 25 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the NSE SME platform.

The IPO bidding window is open from Apr 16, 2018 to Apr 18, 2018. The allotment is expected to be finalized on Apr 24, 2018, and the tentative listing date is Apr 26, 2018.


The registrar of the IPO is Bigshare Services Pvt. Ltd , and

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IPO Subscription Analysis And Details
As onQIB / NIIRetailTotal
Shares Offered / Reserved9,96,0009,96,00019,92,000
Day 1 16-04-18
2,10,000 0.21 x4,98,000 0.50 x7,08,000 0.36 x
Day 2 17-04-18
6,84,000 0.69 x32,46,000 3.26 x39,30,000 1.97 x
Day 3 18-04-18
2,23,74,000 22.46 x3,36,36,000 33.77 x5,60,10,000 28.12 x
Day 4 17-04-18
N/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
IPO - Issue Objectives
1

Funding the working capital requirements of the Company

2

General Corporate Purposes