Mahip Industries Limited IPO
BSE SME₹ 256000 /8000 Shares
*Min Investment
26 Feb, 2019
Open Date01 Mar, 2019
Close Date07 Mar, 2019
Allotment Date12 Mar, 2019
Listing DateIPO Issue Details
- Issue Price Rs 32/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price 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
- Listing at BSE SME
- Lead Manager Finshore Management Services Limited
- Registrar BIGSHARE SERVICES PRIVATE LIMITED
IPO Details
- Retail Portion N/A
IPO Details
Mahip Industries Limited IPO is an SME IPO, priced at Rs 32/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Feb 26, 2019 to Mar 1, 2019. The allotment is expected to be finalized on Mar 7, 2019, and the tentative listing date is Mar 12, 2019.
The registrar of the IPO is BIGSHARE SERVICES PRIVATE LIMITED, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 24,68,000 | 24,68,000 | 49,36,000 |
Day 1 - 26-02-19 | 27,96,000 1.13 x | 7,88,000 0.32 x | 35,84,000 0.73 x |
Day 2 - 27-02-19 | 31,08,000 1.26 x | 12,56,000 0.51 x | 43,64,000 0.88 x |
Day 3 - 28-02-19 | 32,80,000 1.33 x | 23,92,000 0.97 x | 56,72,000 1.15 x |
Day 4 - 01-03-19 | 37,80,000 1.53 x | 38,08,000 1.54 x | 75,88,000 1.54 x |
Valuations
IPO - Issue Objectives
Funding the working capital requirements. ( Rs 12.87 Cr )
General Corporate Purposes. ( Rs 2.50 Cr )
Issue related expenses. ( Rs 1.25 Cr )
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Mahip Industries Limited | 1.98 | 14.41 | 13.35% | 140 |
| Worth Peripherals Limited | 1.62 | 15.59 | 11.23% | 148 |
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. You can track the real-time subscription numbers using the links below:
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 Mahip Industries Limited IPO price band is set between Rs 32/- Per Equity Share .
Ans. To apply for Mahip Industries Limited 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 Mahip Industries Limited IPO allotment status online.
