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Mohini Health IPO is a book built issue of Rs 20.71 crores.
Mohini Health IPO bidding started from February 5, 2018 and ended on February 7, 2018. The allotment for Mohini Health IPO was finalized on Monday, February 12, 2018. The shares got listed on NSE SME on February 16, 2018.
Mohini Health IPO price band is set at ₹ to ₹40 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹120,000.
Pantomath Capital Advisors Pvt Ltd and Small Industries Development Bank Of India (Sidbi) are the book running lead managers of the Mohini Health IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Mohini Health IPO RHP for detailed information.
IPO Date | February 5, 2018 to February 7, 2018 |
Listing Date | February 16, 2018 |
Face Value | ₹10 per share |
Price Band | ₹ to ₹40 per share |
Lot Size | 3000 Shares |
Total Issue Size | 4,932,000 shares (aggregating up to ₹20.71 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 13,303,900 |
Share holding post issue | 18,235,900 |
Market Maker portion | 249,000 shares |
Mohini Health IPO offers 5,181,000 shares. 2,341,500 (45.19%) to NII, 2,341,500 (45.19%) to RII.
Investor Category | Shares Offered |
---|---|
Anchor Investor Shares Offered | - |
Market Maker Shares Offered | 249,000 (4.81%) |
NII (HNI) Shares Offered | 2,341,500 (45.19%) |
Retail Shares Offered | 2,341,500 (45.19%) | Other Shares Offered | 249,000 (4.81%) |
Total Shares Offered | 5,181,000 (100%) |
Mohini Health IPO opens on February 5, 2018, and closes on February 7, 2018.
IPO Open Date | Monday, February 5, 2018 |
IPO Close Date | Wednesday, February 7, 2018 |
Basis of Allotment | Monday, February 12, 2018 |
Initiation of Refunds | Wednesday, February 14, 2018 |
Credit of Shares to Demat | Thursday, February 15, 2018 |
Listing Date | Friday, February 16, 2018 |
Cut-off time for UPI mandate confirmation | 5 PM on February 7, 2018 |
Investors can bid for a minimum of 3000 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 | 3000 | ₹120,000 |
Retail (Max) | 1 | 3000 | ₹120,000 |
Lot Size Calculator |
Incorporated in 2009, Mohini Health & Hygiene Ltd is Pithampur, MP based company engaged in the business of manufacturing and export of absorbent cotton and medical consumable products. Company owns in both domestic and international markets. Company's revenue from operations from domestic region is 44.77% and international market is 55.23%. Company exports its products majorly to countries such as Portland, Italy, Latvia, Russia, Spain and Greece.
Company was initially engaged in the business of dealing and processing of raw cotton, yarn and textile fabric. Company has now diversified in to health & hygiene sector.
Product Portfolio:
1. Absorbent Bleached Surgical Cotton
2. Absorbent Cotton Wool
3. Cotton Balls
4. Cotton Ear Buds
5. Cotton Zig Zag
The object of the issue are:
1. Repayment/Prepayment of certain unsecured borrowings by the company;
2. Funding the working capital requirements of the company;
3. General corporate purposes.
[Dilip Davda]
Considering reasonable pricing and the future prospects for this company, investment may be considered for short to long term.
Read detail review...The Mohini Health IPO is subscribed 22.30 times on February 7, 2018 5:00:00 PM. The public issue subscribed 9.05 times in the retail category, times in the QIB category, and 29.63 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|---|
NII | 29.63 |
Retail | 9.05 |
Total | 22.30 |
Listing Date | February 16, 2018 |
BSE Script Code | |
NSE Symbol | MHHL |
ISIN | INE450S01011 |
Final Issue Price | ₹42 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
NSE SME |
---|
₹42.00 |
₹50.40 |
₹50.40 |
₹50.40 |
₹50.40 |
Mohini Health & Hygiene Ltd
Plot no 109, Sector no 3,
Industrial Area,
Pithampur Dist Dhar 454774
Phone: +91 7292 426666
Email: cs@mohinihealthandhygiene.com
Website: http://www.mohinihealthandhygiene.com
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: mohini.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
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Mohini Health IPO is a SME IPO of 4,932,000 equity shares of the face value of ₹10 aggregating up to ₹20.71 Crores. The issue is priced at ₹ to ₹40 per share. The minimum order quantity is 3000 Shares.
The IPO opens on February 5, 2018, and closes on February 7, 2018.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Mohini Health IPO opens on February 5, 2018 and closes on February 7, 2018.
Mohini Health IPO lot size is 3000 Shares, and the minimum amount required is ₹120,000.
You can apply in Mohini Health 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 Mohini Health IPO will be done on Monday, February 12, 2018, and the allotted shares will be credited to your demat account by Thursday, February 15, 2018. Check the Mohini Health IPO allotment status.
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