IPO

MMP Industries Limited IPO

NSE SME

Offer Date: Mar 28, 2018 - Apr 4, 2018

₹ 223200 /1200 Shares
*Min Investment

28 Mar, 2018

Open Date

04 Apr, 2018

Close Date

10 Apr, 2018

Allotment Date

12 Apr, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 186 - Rs 188 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 45,00,000 Equity Shares of Rs 10/- each at a price of Rs 186 - Rs 188 per share aggregating to 84.60 Cr 
  • Listing at NSE SME
  • Lead Manager Guiness Corporate Advisors Pvt Ltd
  • Registrar Bigshare Services Pvt. Ltd
IPO Details
  • Retail Portion N/A
IPO Details


MMP Industries Limited IPO is an SME IPO, priced at Rs 186 - Rs 188 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 Mar 28, 2018 to Apr 4, 2018. The allotment is expected to be finalized on Apr 10, 2018, and the tentative listing date is Apr 12, 2018.


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

Read More
IPO Subscription Analysis And Details
Retail
17.00x
QIB
10.00x
NII
8.00x
Total
36.00x
As onQIBNIIRetailTotal
Shares Offered / Reserved8,55,0006,41,25014,96,25029,92,500
Day 1 28-03-18
0 x2,35,200 0.3716,800 0.01 x2,52,000 0.08 x
Day 2 02-04-18
0 x2,46,000 0.3894,200 0.06 x3,40,800 0.11 x
Day 3 03-04-18
0 x2,89,200 0.453,42,600 0.23 x6,31,800 0.21 x
Day 4 04-04-18
10,61,400 1.24 x8,68,800 1.3517,46,000 1.17 x36,76,200 1.23 x
Valuations
Earnings Per Share (EPS) Rs 8.18
P/E Ratio 19.22
RoNW 32.25%
Net Asset Value (NAV) - (Post Issue) Rs 39.52
IPO - Issue Objectives
1

Setting up a new facility for manufacturing of Atomised Aluminium Powder, Pyro and flake Aluminium Powder and Aluminium Foils

2

Prepayment or repayment of a portion of loan facilities availed by the Company

3

General Corporate Purposes