IPO

Megastar Foods Limited IPO

BSE SME

Offer Date: May 14, 2018 - May 16, 2018

₹ 240000 /8000 Shares
*Min Investment

14 May, 2018

Open Date

16 May, 2018

Close Date

22 May, 2018

Allotment Date

24 May, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 30 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 26,80,000 Equity Shares of Rs 10/- each at a price of Rs 30/- per share aggregating to 8.04 Cr
  • Listing at BSE SME
  • Lead Manager SWASTIKA INVESTMART LIMITED
  • Registrar Skyline Financial Services Private Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Megastar Foods Limited IPO is an SME IPO, priced at Rs 30 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 May 14, 2018 to May 16, 2018. The allotment is expected to be finalized on May 22, 2018, and the tentative listing date is May 24, 2018.


The registrar of the IPO is Skyline Financial Services Private Ltd , and

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IPO Subscription Analysis And Details
Retail
19.00x
Total
43.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved12,72,00012,72,00025,44,000
Day 1 14-05-18
3,00,000 0.24 x44,000 0.03 x3,44,000 0.14 x
Day 2 15-05-18
19,40,000 1.53 x8,28,000 0.65 x27,68,000 1.09 x
Day 3 16-05-18
23,92,000 1.88 x19,28,000 1.52 x43,20,000 1.70 x
Valuations
Earnings Per Share (EPS) Rs 1.07
P/E Ratio 28
RoNW 14.43%
Net Asset Value (NAV) ( Post Issue ) Rs 16.4
IPO - Issue Objectives
1

To Meet Working Capital Requirement

2

General Corporate Purpose

3

To Meet the Issue Expenses