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Madhya Bharat Agro IPO is a fixed price issue of Rs 13.90 crores.
Madhya Bharat Agro IPO bidding started from August 29, 2016 and ended on September 2, 2016. The shares got listed on NSE SME on September 9, 2016.
Madhya Bharat Agro IPO price is ₹24 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹144,000.
Hem Securities Limited is the book running lead manager of the Madhya Bharat Agro IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Madhya Bharat Agro IPO RHP for detailed information.
IPO Date | August 29, 2016 to September 2, 2016 |
Listing Date | September 9, 2016 |
Face Value | ₹10 per share |
Price | ₹24 per share |
Lot Size | 6000 Shares |
Total Issue Size | 5,790,000 shares (aggregating up to ₹13.90 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 21,906,735 |
Share holding post issue | 21,906,735 |
Investors can bid for a minimum of 6000 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 | 6000 | ₹144,000 |
Retail (Max) | 1 | 6000 | ₹144,000 |
Lot Size Calculator |
Incorporated in 1997, Madhya Bharat Agro Products Ltd (MBAPL) is engaged in manufacturing Beneficiated Rock Phosphate (BRP), Single Super Phosphate (SSP) and Sulphuric Acid which is used in large quantities for replenishing "P" (Phosphorus) in the soil and act as a fertilizer for the crop. Information in this paragraph is taken from chittorgarh.com, India's No. 1 IPO Investment Portal. They are also engaged in business of Purchase and Sale (Trading) of Textiles and agricultural commodity.
MBAPL is one of the major private sector fertilizer manufacturer. Discuss this IPO on Chittorgarh.com, the most active IPO discussion forum. MBAPL is dealing in manufacturing of BRP with installed production capacity of 99000 TPA (Licensed capacity -99000 TPA), SSP with installed capacity of 180000 TPY (Licensed capacity 240000 TPY) and Sulphuric Acid with installed capacity of 36000 TPY (having licensed capacity is 99000 TPY). Further the New Project GSSP (having licensed capacity is 180000 TPY) is underway making it completely integrated state of art manufacturing facility.
The object of the issue are to:
1. Carry out the sale of 57,90,000 Equity Shares of the Company by the Selling Shareholders;
2. Enhance their brand name enabling to avail future growth opportunities;
3. General corporate purpose.
[Dilip Davda] Investors may consider investment for medium to long term as this year normal monsoon is predicted. Read detail review...
Listing Date | September 9, 2016 |
BSE Script Code | |
NSE Symbol | MBAPL |
ISIN | INE900L01010 |
Final Issue Price | ₹24 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
NSE SME |
---|
₹24.00 |
₹27.00 |
₹26.00 |
₹28.80 |
₹28.80 |
Madhya Bharat Agro Products Ltd
5-O-21, Basement,
R. C. Vyas Colony,
Bhhilwara
Phone: +91-1482-237104
Email: secretarial@mbapl.com
Website: http://www.mbapl.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
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Madhya Bharat Agro IPO is a SME IPO of 5,790,000 equity shares of the face value of ₹10 aggregating up to ₹13.90 Crores. The issue is priced at ₹24 per share. The minimum order quantity is 6000 Shares.
The IPO opens on August 29, 2016, and closes on September 2, 2016.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Madhya Bharat Agro IPO opens on August 29, 2016 and closes on September 2, 2016.
Madhya Bharat Agro IPO lot size is 6000 Shares, and the minimum amount required is ₹144,000.
You can apply in Madhya Bharat Agro 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 Madhya Bharat Agro IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Madhya Bharat Agro IPO allotment status.
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STOCKT| Link | Bookmark |September 15, 2016 12:52:15 PMsoon euphoria will go down of subscription
cant be compared to other sme as they are most consumer driven and this one is a fertlizer stock so sooner or later will drift below issue price
sell this sme immediately
instead buy nbcc which is risk free and will enhance ur capital