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Madhav Copper NSE SME IPO is a fixed price issue of Rs 4.48 crores.
Madhav Copper NSE SME IPO bidding started from January 23, 2017 and ended on January 27, 2017. The shares got listed on NSE SME on February 6, 2017.
Madhav Copper NSE SME IPO price is ₹81 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹129,600.
Pantomath Capital Advisors Pvt Ltd is the book running lead manager of the Madhav Copper NSE SME IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Madhav Copper NSE SME IPO RHP for detailed information.
IPO Date | January 23, 2017 to January 27, 2017 |
Listing Date | February 6, 2017 |
Face Value | ₹10 per share |
Price | ₹81 per share |
Lot Size | 1600 Shares |
Total Issue Size | 553,600 shares (aggregating up to ₹4.48 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 24,643,200 |
Share holding post issue | 27,142,800 |
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1600 | ₹129,600 |
Retail (Max) | 1 | 1600 | ₹129,600 |
Lot Size Calculator |
Madhav Copper Ltd (MCL) is engaged in the manufacturing and supply of enamelled copper wire and poly wrap submersible winding wire under the brand name ―Madhav Copper‖. MCL also offers enamelled, copper rod profile and poly-wrap submersible winding wires suitable for industry application in transformers, motors, alternators, contactors, and relays. Company’s product is also suitable for use in high speed coil winding machines. The copper conductors are manufactured from copper and insulated with high thermal class engineered insulation material, which provides dielectric properties and resistance to stress cracking.
The manufacturing facility of Madhav Copper Ltd is situated at Plot No. 5-B/B, Block No. 226-27, Survey No. 346-47, Near Kobdi, Ukharla, Talaja Road, Bhavnagar, Gujarat, India.
MCL is promoted by Nilesh Patel who has experience in LME copper trading and Rohitbhai Chauhan who has a decade of experience in the field of copper wire manufacturing.
The object to the Issue is to fulfil Working Capital requirements and General Corporate Purpose.
[Dilip Davda] Issue appears to have been reasonably priced. Cash surplus investors may consider long term investment. Read detail review...
Listing Date | February 6, 2017 |
BSE Script Code | |
NSE Symbol | MCL |
ISIN | INE813V01014 |
Final Issue Price | ₹81 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
NSE SME |
---|
₹81.00 |
₹90.50 |
₹85.00 |
₹97.20 |
₹93.80 |
Madhav Copper Limited
Plot No. 2107/D, Office No. 203,
2nd Floor, D&I Excelus,
Waghawadi Road, Bhavnagar, Gujarat 364001
Phone: +91 278 2221034
Email: investors@madhavcopper.com
Website: http://www.madhavcopper.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: investor@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
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Madhav Copper NSE SME IPO is a SME IPO of 553,600 equity shares of the face value of ₹10 aggregating up to ₹4.48 Crores. The issue is priced at ₹81 per share. The minimum order quantity is 1600 Shares.
The IPO opens on January 23, 2017, and closes on January 27, 2017.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Madhav Copper NSE SME IPO opens on January 23, 2017 and closes on January 27, 2017.
Madhav Copper NSE SME IPO lot size is 1600 Shares, and the minimum amount required is ₹129,600.
You can apply in Madhav Copper NSE SME IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Madhav Copper NSE SME IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Madhav Copper NSE SME IPO allotment status.
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DURAISWAMY| Link | Bookmark |February 6, 2017 7:56:41 PMSnowman Logistics Limited has informed the Exchange that the Company has signed a Memorandum of Understanding with The Government of Andhra Pradesh on January 28, 2017 at the 2nd Sunrise Andhra Pradesh Investment Meet & 23rd edition of CII Partnership Summit in connection with setting up of a temperature controlled warehouse at Sri City, a special economic zone located in Chittoor District, Andhra Pradesh involving an investment of approximately Rs.30 Crores. Snowman plans to build a 10000 pallet position multi-temperature cold storage in phased manner, starting with 5000 pallet positions in phase-I. The project will be financed mostly from internal accruals. The facility is expected to cater to the existing and upcoming food processing units