SME IPO
Baheti Recycling Industries IPO
Baheti Recycling Industries Limitged (IPO) incorporated in 1994, is an aluminium recycling company. The company is primarily engaged in processing aluminium-based metal scrap to manufacture (i) aluminium alloys in the form of ingots and (ii) aluminium de-ox alloys in the form of cubes, ingots, shots and notch bar.
The company is also engaged in trading of scrap materials such as aluminium scrap, brass scrap, copper scrap, zinc scrap etc.
Baheti Recycling Industries’ manufacturing unit is situated at Dehgam (Gandhinagar, Gujarat) and has a 12,000 MT installed capacity for processing aluminium scrap.
The company’s esteemed customers include ArcelorMittal Nippon Steel India, Tata Steel, Minda Corporation, Sigma Electric, Sunflag Iron & Steel Co. Ltd. etc.
The company markets its products in around 12 states & Union Territories in India. Baheti Recycling Industries Limited also sell our products to foreign buyers located in Japan, Canada, USA, China, Hong Kong, UAE, Taiwan etc.
Competitive Strengths:
- In-house manufacturing facility supported by technology-driven process.
- Stringent quality control mechanism ensuring standardized product quality.
- Diversified Client Base and long-standing relationship with our customers.
- Strong and diversified supplier base for sourcing raw materials.
- Experienced Promoters supported by dedicated Management team.
Company Financials
Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
---|---|---|---|---|---|---|
31-Mar-20 | 4535.09 | 10595.84 | 19.19 | 1033.23 | 658 | 3118.89 |
31-Mar-21 | 6301 | 12780.02 | 47.78 | 1081.02 | 706.02 | 3789.61 |
31-Mar-22 | 8190.39 | 24926.06 | 291.98 | 1669.51 | 1213 | 5074.81 |
31-May-22 | 7939.48 | 5757 | 57.36 | 1726.87 | 1270.36 | 4536.31 |
Amount in ₹ Lakhs |
Objects of the Issue
The company intend to utilize the proceeds of the Issue to meet the following objects: –
1. Modernization and expansion of existing manufacturing unit.
2. To meet Working Capital requirements.
3. General Corporate Purpose.
4. To meet issue expenses.
Baheti Recycling Industries IPO Details
IPO Date | Nov 28, 2022 to Nov 30, 2022 |
Face Value | ₹10 per share |
Price | ₹45 per share |
Lot Size | 3000 Shares |
Issue Size | 2,760,000 shares of ₹10 (aggregating up to ₹12.42 Cr) |
Fresh Issue | 2,760,000 shares of ₹10 (aggregating up to ₹12.42 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Retail Shares Offered | 50% of the net offer |
Market Maker | HEM FINLEASE PRIVATE LIMITED |
Company Promoters | Mr. Shankerlal Bansilal Shah, Mr. Balkishan Shankerlal Shah and Mr. Yash Shankerbhai Shah are the company promoters. |
Baheti Recycling Industries IPO Tentative Timetable
IPO opens on Nov 28, 2022, and closes on Nov 30, 2022. The IPO bid date is from Nov 28, 2022 10.00 A.M. to Nov 30, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
Event Tentative Date Opening Date Nov 28, 2022 Closing Date Nov 30, 2022 Basis of Allotment Dec 5, 2022 Initiation of Refunds Dec 6, 2022 Credit of Shares to Demat Dec 7, 2022 Listing Date Dec 8, 2022
Baheti Recycling Industries IPO Lot Size
IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹135,000).
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 3000 | ₹135,000 |
Retail (Max) | 1 | 3000 | ₹135,000 |
Baheti Recycling Industries IPO Promoter Holding
Pre Issue Share Holding | 99.98% |
Post Issue Share Holding | 73.37% |
Baheti Recycling Industries IPO Prospectus
IPO Review
BRIL operates in a promising industry: aluminium recycling. Recently, there has been a lot of buzz around the aluminium business….. Read Full IPO Review Here
Company Contact Information
Baheti Recycling Industries Limited
A-2/3, L.R. Apartments,
Opp. Police Commissioner Office, Shahibaug
Ahmedabad – 380 004, Gujarat,
Phone: : +91-79-25627681/82
Email: [email protected]
Website: https://www.bahetiindustries.com/
Baheti Recycling Industries IPO Registrar
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: [email protected]
Website: http://www.purvashare.com
Baheti Recycling Industries IPO Lead Manager(s)
- Hem Securities Limited
SME IPO
Command Polymers IPO
Command Polymers IPO | Incorporated in 1998, Command Polymers Limited is in the business of Marketing and Manufacturing Polymer-based products. These products include Polythene LF tubes, Tarpaulin sheets, Polyester Fabrics, and other polymers.
The products of Command Polymers have a wide variety of applications in industries like Industrial packaging industries, Food industry, etc. With its versatility and scale, the company is able to serve multiple types of industries and its scope is continuously growing.
The company primarily engages in manufacturing and trading. Its revenue is generated in the proportion of 67% and 33% from these activities, respectively.
The manufacturing facility of Command Polymers Limited is situated in District 24 Parganas (South). The facility is well-equipped with all the necessary machinery and tools required for an efficient and smooth manufacturing process and easy logistics.
The competitive strengths of the company are:
- Experienced Management Team
- Existing relationships with suppliers
- Quality Assurance
- Smooth flow of operations
- Scalable Business Model
- Our Product enables us to serve diversified industries
Company Financials
Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
---|---|---|---|---|---|---|
31-Mar-20 | 1,640.40 | 1,089.84 | 9.43 | 921.39 | 236.92 | 238.57 |
31-Mar-21 | 2,252.48 | 1,636.76 | 19.64 | 932.37 | 247.90 | 514.25 |
31-Mar-22 | 1,889.12 | 1,948.50 | 30.02 | 962.39 | 277.92 | 685.14 |
31-Dec-22 | 2,225.23 | 1,460.15 | 16.16 | 978.56 | 294.09 | 661.04 |
Amount in ₹ Lakhs |
Objects of the Issue
The company proposes to utilize the Net Proceeds from Issue towards funding the following objects:
- Funding Working capital requirements;
- Repayment of Loans;
- General Corporate Purpose
Command Polymers IPO Details
IPO Date | Mar 17, 2023, to Mar 21, 2023 |
Face Value | ₹10 per share |
Price | ₹28 per share |
Lot Size | 4000 Shares |
Issue Size | 2,532,000 shares of ₹10 (aggregating up to ₹7.09 Cr) |
Fresh Issue | 2,532,000 shares of ₹10 (aggregating up to ₹7.09 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Command Polymers IPO Reservation
NII (HNI) Shares Offered | 50% of the Net Issue |
Retail Shares Offered | 50% of the Net Issue |
Market Maker portion | 132,000 shares |
Command Polymers IPO Tentative Timetable
Command Polymers IPO opens on Mar 17, 2023, and closes on Mar 21, 2023. The Command Polymers IPO bid date is from Mar 17, 2023 10.00 A.M. to Mar 21, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
Event Tentative Date Opening Date Mar 17, 2023 Closing Date Mar 21, 2023 Basis of Allotment Mar 24, 2023 Initiation of Refunds Mar 27, 2023 Credit of Shares to Demat Mar 28, 2023 Listing Date Mar 29, 2023
Command Polymers IPO Lot Size
The Command Polymers IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹112,000).
Application Lots Shares Amount Retail (Min) 1 4000 ₹112,000 Retail (Max) 1 4000 ₹112,000 HNI (Min) 2 8,000 ₹224,000
Command Polymers IPO Promoter Holding
Kundan Vinimay Private Limited, Sukhjit Consultants Limited, Sukhdhan Vinimay Private Limited and Ridhi Sidhi Advisory Private Limited are the Promoters of the company.
Pre Issue Share Holding 52.60% Post Issue Share Holding 38.39%
Command Polymers IPO Prospectus
Company Contact Information
Command Polymers Limited
Mouza Malancha, J.L.No.87,
P.O. Narayanpur, P.S Bhangar,
District 24 Parganas (South) -743502
Phone: +91 98365 52178
Email: [email protected]
Website: http://www.commandpolymers.com/
Command Polymers IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/
Command Polymers IPO Review
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Command Polymers IPO Lead Manager(s)
- Aryaman Financial Services limited (Past IPO Performance)
SME IPO
Dev Labtech Venture IPO
Dev Labtech Venture IPO | Incorporated in 1993, Dev Labtech Venture Limited is a Premier Lab Grown Diamond & Jewellery Manufacturer. The company’s registered office is situated in Bhavnagar, Gujarat and it also operates through its sales offices.
Dev Labtech has recently started the manufacturing of lab-grown diamonds, earlier to this, the entity was engaged in the processing of natural diamonds only. The company has developed expert skills over the years in mapping, designing, cutting, and polishing with innovation & extracting optimum output with less wastage while transforming rough to natural polish diamonds.
Dev Labtech Venture Limited has an in-house technical & Design team to make Laboratory grown diamonds. The company has placed the highest quality checks at every level of the manufacturing processes to ensure the superiority of its products.
The company is striving to expand its product line and offer complementary products to enhance its product portfolio.
Company Financials
Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
---|---|---|---|---|---|---|
31-Mar-20 | 711.23 | 1,178.85 | 0.04 | 144.80 | 123.84 | 154.05 |
31-Mar-21 | 713.73 | 1,228.11 | 3.65 | 148.45 | 127.50 | 177.53 |
31-Mar-22 | 888.24 | 2,698.01 | 43.62 | 192.07 | 66.35 | 122.58 |
30-Sep-22 | 1,166.65 | 966.43 | 64.12 | 717.86 | 232.17 | 114.52 |
Amount in ₹ Lakhs |
Objects of the Issue
The Net Proceeds from the Fresh Issue will be utilized towards the following objects:
- To Meet the Capital Expenditure Requirements
- To Meet Working Capital Requirement
- General Corporate Purpose
- To Meet the Issue Expenses
Dev Labtech Venture IPO Details
IPO Date | Mar 17, 2023 to Mar 21, 2023 |
Face Value | ₹10 per share |
Price | ₹51 per share |
Lot Size | 2000 Shares |
Issue Size | 2,200,000 shares of ₹10 (aggregating up to ₹11.22 Cr) |
Fresh Issue | 2,200,000 shares of ₹10 (aggregating up to ₹11.22 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Dev Labtech Venture IPO Tentative Timetable
Dev Labtech Venture IPO opens on Mar 17, 2023, and closes on Mar 21, 2023. The Dev Labtech Venture IPO bid date is from Mar 17, 2023 10.00 A.M. to Mar 21, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
Event Tentative Date Opening Date Mar 17, 2023 Closing Date Mar 21, 2023 Basis of Allotment Mar 24, 2023 Initiation of Refunds Mar 27, 2023 Credit of Shares to Demat Mar 28, 2023 Listing Date Mar 29, 2023
Dev Labtech Venture IPO Reservation
NII (HNI) Shares Offered | 50% of the Net Issue |
Retail Shares Offered | 50% of the Net Issue |
Market Maker portion | 112,000 shares (SUNFLOWER BROKING PVT. LTD.) |
Dev Labtech Venture IPO Lot Size
The Dev Labtech Venture IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹102,000).
Application Lots Shares Amount Retail (Min) 1 2000 ₹102,000 Retail (Max) 1 2000 ₹102,000 HNI (Min) 2 4,000 ₹204,000
Dev Labtech Venture IPO Promoter Holding
Mr. Jerambhai Lavjibhai Donda, Mrs. Labhuben Jerambhai Donda, and Mr. Jay Jerambhai Donda are the Promoters of the company.
Pre Issue Share Holding 92.66% Post Issue Share Holding 68.01%
Dev Labtech Venture IPO Prospectus
- › DRHP
Company Contact Information
Dev Labtech Venture Limited
GF/22-23, Pattani Plaza,
Dairy Road, Near Nilambaug Circle,
Bhavnagar – 364002
Phone: +91-0278-2995027
Email: [email protected]
Website: http://www.devlabtechventure.com/
Dev Labtech Venture IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/
Dev Labtech Venture IPO Review
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Dev Labtech Venture IPO Lead Manager(s)
- Beeline Capital Advisors Pvt Ltd (Past IPO Performance)
SME IPO
Nirman Agri Genetics IPO
Nirman Agri Genetics IPO | Incorporated in 2020, Nirman Agri Genetics Limited is an organized Agri-Input Company in India. The company is in the business of production, processing, and marketing of high-quality hybrid seeds, Pesticides, and Bio-organic. These processes are used for different crops like corn, sunflower, cotton, paddy, grain sorghum, etc.
Expanding its horizon, Nirman Agri Genetics Limited recently forayed into micronutrients and Bioproducts. And they also produce non-hybrid seeds, primarily for paddy.
The company currently has production, outsourced processing, and R&D facilities in Nashik and Nimgul, Maharashtra, Gujarat, and Madhya Pradesh.
In 2022, Nirman began to market bio-pesticides, micronutrients, bio-fertilizers, fertilizer mixtures & plant growth regulators under the name “Nirman Agri Genetics”.
Nirman Agri Genetics Limited strives at becoming a leading crop solutions provider for farmers by supplying high-yielding hybrid seeds and crop management through micronutrients, by-products, etc.
Company Financials
Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
---|---|---|---|---|---|
31-Mar-21 | 164.06 | 382.21 | 5.47 | 6.47 | 99.19 |
31-Mar-22 | 595.87 | 1,348.91 | 256.02 | 264.41 | 124.67 |
31-Oct-22 | 915.70 | 1,804.28 | 230.44 | 447.51 | 171.41 |
Amount in ₹ Lakhs |
Objects of the Issue
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding additional Working capital requirements
- Investment in Strategic Acquisition / Joint Venture
- Purchase of Computer and other hardware
- General Corporate Purposes
Nirman Agri Genetics IPO Details
IPO Date | Mar 15, 2023, to Mar 20, 2023 |
Face Value | ₹10 per share |
Price | ₹99 per share |
Lot Size | 1200 Shares |
Issue Size | 2,050,800 shares of ₹10 (aggregating up to ₹20.30 Cr) |
Fresh Issue | 2,050,800 shares of ₹10 (aggregating up to ₹20.30 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Nirman Agri Genetics IPO Reservation
NII (HNI) Shares Offered | 50% of the Net Issue |
Retail Shares Offered | 50% of the Net Issue |
Market Maker portion | 104,400 shares (NNM SECURITIES PVT. LTD.) |
Nirman Agri Genetics IPO Tentative Timetable
Nirman Agri Genetics IPO opens on Mar 15, 2023, and closes on Mar 20, 2023. The Nirman Agri Genetics IPO bid date is from Mar 15, 2023 10.00 A.M. to Mar 20, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
Event Tentative Date Opening Date Mar 15, 2023 Closing Date Mar 20, 2023 Basis of Allotment Mar 23, 2023 Initiation of Refunds Mar 24, 2023 Credit of Shares to Demat Mar 27, 2023 Listing Date Mar 28, 2023
Nirman Agri Genetics IPO Lot Size
The Nirman Agri Genetics IPO lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹118,800).
Application Lots Shares Amount Retail (Min) 1 1200 ₹118,800 Retail (Max) 1 1200 ₹118,800 HNI (Min) 2 2,400 ₹237,600
Nirman Agri Genetics IPO Promoter Holding
Pranav Kailas Bagal is the Promoter of the company.
Pre Issue Share Holding | 99.99% |
Post Issue Share Holding | 65.59% |
Nirman Agri Genetics IPO Prospectus
Company Contact Information
Nirman Agri Genetics Limited
Vedant Apartment, Near Reliance Shopee,
Dindori Road, Panchavati,
Nashik – 422 003
Phone: +91 253 2943101
Email: [email protected]
Website: http://www.nirmanagrigen.com/
Nirman Agri Genetics IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://www.bigshareonline.com/
Nirman Agri Genetics IPO Review
NAGL is in the business of making and selling hybrid seeds and other bio-organic products that go with them. Based on its super earnings in FY23, … Read Full IPO Review Here
Nirman Agri Genetics IPO Lead Manager(s)
- First Overseas Capital Limited (Past IPO Performance)
SME IPO
Bright Outdoor Media IPO
Bright Outdoor Media IPO | Incorporated in 2005, Bright Outdoor Media Limited is engaged in the business of providing advertising services offering advertising media services consisting of Out of Home (OOH) media services.
The company’s array of service hoardings includes Transfer stickers, Railway boards, Railway panels, Promos, full train, Bus panels, Full Bus painting, Toll Naka, Mobile sign trucks, Kiosks, Traffic Booths, Cinema slides, Gantry and Vinyl.
Alongside Out-of-Home (OOH) Advertising and offering novel communication services to clients, the company also engages in offering services assuring multicultural and ethnic Outdoor Advertising campaigns that engage audiences and achieve impact, for every creative need, idea, and budget.
The client domain of Bright Outdoor mainly revolves around corporate clients operating in various business fields viz. Insurance, Financial service providers, Entertainment Industries, Construction, Jewellery, Aviation, Education, Government Organizations, etc.
The company has been included in the World Book of Records, 2022 for receiving 2000 felicitations, 5000 awards internationally and owing 1000 clients in the field of entertainment industry, corporate sector and FMCG for 33 years.
Company Financials
Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
---|---|---|---|---|---|
31-Mar-20 | 10,135.25 | 7,151.29 | 171.24 | 3,349.77 | 5,185.79 |
31-Mar-21 | 9,702.12 | 2,494.88 | 108.22 | 3,435.19 | 4,819.56 |
31-Mar-22 | 9,450.58 | 5,089.71 | 259.20 | 3,679.47 | 4,082.90 |
30-Sep-22 | 9,273.53 | 4,518.46 | 419.69 | 4,091.65 | 2,997.04 |
Amount in ₹ Lakhs |
Objects of the Issue
The company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
- Prepayment/repayment of certain secured borrowings availed by our Company
- Purchase of LED Hoardings
- Funding working capital requirements
- General corporate purposes.
Bright Outdoor Media IPO Details
IPO Date | Mar 14, 2023 to Mar 17, 2023 |
Face Value | ₹10 per share |
Price | ₹146 per share |
Lot Size | 1000 Shares |
Issue Size | 3,800,000 shares of ₹10 (aggregating up to ₹55.48 Cr) |
Fresh Issue | 3,800,000 shares of ₹10 (aggregating up to ₹55.48 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Bright Outdoor Media IPO Reservation
NII (HNI) Shares Offered | 50% of the Net Issue |
Retail Shares Offered | 50% of the Net Issue |
Market Maker portion | 194,000 shares (SHRENI SHARES PRIVATE LIMITED) |
Bright Outdoor Media IPO Tentative Timetable
Bright Outdoor Media IPO opens on Mar 14, 2023, and closes on Mar 17, 2023. The Bright Outdoor Media IPO bid date is from Mar 14, 2023 10.00 A.M. to Mar 17, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
Event Tentative Date Opening Date Mar 14, 2023 Closing Date Mar 17, 2023 Basis of Allotment Mar 22, 2023 Initiation of Refunds Mar 23, 2023 Credit of Shares to Demat Mar 24, 2023 Listing Date Mar 27, 2023
Bright Outdoor Media IPO Lot Size
The Bright Outdoor Media IPO lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹146,000).
Application Lots Shares Amount Retail (Min) 1 1000 ₹146,000 Retail (Max) 1 1000 ₹146,000 HNI (Min) 2 2,000 ₹292,000
Bright Outdoor Media IPO Promoter Holding
Yogesh Jiwanlal Lakhani and Jagruti Yogesh Lakhani are the Promoters of the Company.
Pre Issue Share Holding | 99.99% |
Post Issue Share Holding | 72.72% |
Bright Outdoor Media IPO Prospectus
Company Contact Information
Bright Outdoor Media Limited
801, 8th Floor, Crescent Tower, Near Morya House,
Fame Infinity Mall, Off New Link Road,
Andheri (West), Mumbai 400 053
Phone: 022 – 6714 0000
Email: [email protected]
Website: http://www.brightoutdoor.com/
Bright Outdoor Media IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://www.bigshareonline.com/
Bright Outdoor Media IPO Review
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Bright Outdoor Media IPO Lead Manager(s)
- SHRENI SHARES PRIVATE LIMITED (Past IPO Performance)
SME IPO
Quality Foils India IPO
Quality Foils India IPO | Incorporated in 1990, Quality Foils (India) Limited is engaged in the manufacturing and exporting of Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible Hoses/pipes. The company uses raw materials of premium quality i.e. Hot Rolled Stainless Steel Coils/Strips mainly from Jindal Stainless Hissar Limited.
Quality Foils is among India’s prospering manufacturers and exporters of Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible hose pipes. The entity has over three decades of experience in manufacturing stainless steel products.
The deliverables of Quality Foils (India) Limited are offered under the brand name “Quality”.
Quality Foils (India) Limited products are sold both in the domestic as well as international markets. The company have exported its products to more than seven countries, including Germany, the UK, the Philippines, Sri Lanka, Turkey, Poland and Bogota Colombia.
The company has one manufacturing plant located in Hisar, Haryana. Manufacturing Facility have a total installed capacity of 12,000 MT per annum for CR Stainless steel coils/strips and 2,00,000 meters per annum for SS Hose pipes.
Company Financials
Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
---|---|---|---|---|---|
31-Mar-20 | 6,606.53 | 15,210.77 | 107.87 | 1,773.53 | 1,633.53 |
31-Mar-21 | 6,536.53 | 12,436.67 | 95.86 | 1,869.39 | 1,729.39 |
31-Mar-22 | 7,834.55 | 18,030.63 | 161.88 | 2,031.27 | 1,891.27 |
30-Sep-22 | 7,135.21 | 10,471.59 | 205.99 | 2,237.26 | 2,097.26 |
Amount in ₹ Lakhs |
Objects of the Issue
The company intends to utilize the proceeds of the Issue to meet the following objects: –
- Funding capital expenditure requirements towards purchase of machinery
- To meet the working capital requirements of the Company;
- General Corporate Purpose;
- To meet the Issue Expenses
Quality Foils (India) IPO Details
IPO Date | Mar 14, 2023 to Mar 16, 2023 |
Face Value | ₹10 per share |
Price | ₹60 per share |
Lot Size | 2000 Shares |
Issue Size | 754,000 shares of ₹10 (aggregating up to ₹4.52 Cr) |
Fresh Issue | 754,000 shares of ₹10 (aggregating up to ₹4.52 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Quality Foils (India) IPO Reservation
NII (HNI) Shares Offered | 50% of the Net Issue |
Retail Shares Offered | 50% of the Net Issue |
Market Maker portion | 38,000 shares (KHAMBATTA SECURITIES LTD.) |
Quality Foils India IPO Tentative Timetable
Quality Foils (India) IPO opens on Mar 14, 2023, and closes on Mar 16, 2023. The Quality Foils (India) IPO bid date is from Mar 14, 2023 10.00 A.M. to Mar 16, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
Event Tentative Date Opening Date Mar 14, 2023 Closing Date Mar 16, 2023 Basis of Allotment Mar 21, 2023 Initiation of Refunds Mar 22, 2023 Credit of Shares to Demat Mar 23, 2023 Listing Date Mar 24, 2023
Quality Foils India IPO Lot Size
The Quality Foils (India) IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹120,000).
Application Lots Shares Amount Retail (Min) 1 2000 ₹120,000 Retail (Max) 1 2000 ₹120,000 HNI (Min) 2 4,000 ₹240,000
Quality Foils (India) IPO Promoter Holding
Mr. Kuldip Bhargava and Mr. Tejasvi Bhargava are the Promoters of the company.
Pre Issue Share Holding | 72.80% |
Post Issue Share Holding |
Quality Foils (India) IPO Prospectus
Company Contact Information
Quality Foils (India) Limited
3, Industrial Development Colony,
Hisar,
Haryana-125005
Phone: 01662-220327, 28
Email: [email protected]
Website: http://www.qualitygroup.in/
Quality Foils (India) IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://www.bigshareonline.com/
Quality Foils India IPO Review
Issue Details
Quality Foils India IPO Review | This is an SME IPO of 754,000 equity shares of a face value of ₹10 aggregating up to ₹4.52 Crores. The issue is priced at ₹60 per share.
A retail-individual investor can apply for up to 1 lots (2000 shares or ₹120,000).And HNI (Min) is 2 lot of 4,000 shares at the price of ₹240,000
The IPO opens on Mar 14, 2023, and closes on Mar 16, 2023. And listing date is on Mar 24, 2023
The Company Pre Issue Share Holding is 72.80%
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Company Background
Quality Foils India IPO | Incorporated in 1990, Quality Foils (India) Limited is engaged in the manufacturing and exporting of Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible Hoses/pipes. The company uses raw materials of premium quality i.e. Hot Rolled Stainless Steel Coils/Strips mainly from Jindal Stainless Hissar Limited.
Quality Foils is among India’s prospering manufacturers and exporters of Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible hose pipes. The entity has over three decades of experience in manufacturing stainless steel products.
about:blank
The deliverables of Quality Foils (India) Limited are offered under the brand name “Quality”.
Quality Foils (India) Limited products are sold both in the domestic as well as international markets. The company have exported its products to more than seven countries, including Germany, the UK, the Philippines, Sri Lanka, Turkey, Poland and Bogota Colombia.
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Company Financial Details
Talking about the financials of the company has posted a turnover of ₹152.10 Cr with a net profit of ₹1.08 Cr in FY20. ₹124.36 Cr. with a net profit of ₹0.96 Cr. in FY21 and ₹180.30 Cr. with a net profit of ₹1.62 Cr. in FY22.
Talking about the EPS of the company, the company has posted a weighted average EPS of ₹9.35 for the last 3 years.
Summary of Financial Statement
Profit & Loss Account
EPS (Earning Per Shares)
RoNW
Conclusion
QFIL is a small company that makes cold-rolled SS pipes, coils, rolls, and stipes. Its performance has gone up every year … Read the Full IPO Review Here
Quality Foils India IPO Lead Manager(s)
- Khambatta Securities Limited (Past IPO Performance)
SME IPO
Labelkraft Technologies IPO
Labelkraft Technologies IPO | Incorporated in 2022, Labelkraft Technologies Limited is engaged in the business of providing barcode code solutions. The company offers services to many different segments of industries like FMCG, logistics service providers, chemicals, garments, etc.
Prior to the incorporation, the operations were run by the Promoter, Ranjeet Solanki via a proprietorship concern under the name of “Solanki Enterprises” since 1997.
The company has been established to fulfill the mission of offering reasonably priced barcode labels, printing, and solutions, keeping customer satisfaction at the foremost.
Labelkraft is committed to offering quality products, giving meticulous attention at each level, and providing ease in services. The company has established itself as a solution provider catering to the customers’ needs related to printing barcode ribbons, barcode labels, product labels, barcode printers, scanners, ID card printing products, Patient wrist bands, RFID products, and self-adhesive tape products.
The products of Labelkraft Technologies Limited are applied and used by various industries for their multipurpose use including logistics, industrial packaging, etc.
Company Financials
Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
---|---|---|---|---|---|---|
30-Nov-22 | 587.16 | 68.68 | 4.09 | 9.09 | 4.09 | 67.10 |
Amount in ₹ Lakhs |
Objects of the Issue
The company intends to utilize the proceeds of the Issue to meet the following objectives:
- Funding Capital Expenditure towards the installation of additional plant and machinery
- Funding of Working capital requirements
- General Corporate Purpose
- Issue expenses.
Labelkraft Technologies IPO Details
IPO Date | Mar 13, 2023 to Mar 15, 2023 |
Face Value | ₹10 per share |
Price | ₹55 per share |
Lot Size | 2000 Shares |
Issue Size | 864,000 shares of ₹10 (aggregating up to ₹4.75 Cr) |
Fresh Issue | 864,000 shares of ₹10 (aggregating up to ₹4.75 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Labelkraft Technologies IPO Reservation
NII (HNI) Shares Offered | 50% of the Net Issue |
Retail Shares Offered | 50% of the Net Issue |
Market Maker portion | 44,000 shares (HEM SECURITIES LTD.) |
Labelkraft Technologies IPO Tentative Timetable
Labelkraft Technologies IPO opens on Mar 13, 2023, and closes on Mar 15, 2023. The Labelkraft Technologies IPO bid date is from Mar 13, 2023 10.00 A.M. to Mar 15, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
Event Tentative Date Opening Date Mar 13, 2023 Closing Date Mar 15, 2023 Basis of Allotment Mar 20, 2023 Initiation of Refunds Mar 21, 2023 Credit of Shares to Demat Mar 22, 2023 Listing Date Mar 23, 2023
Labelkraft Technologies IPO Lot Size
The Labelkraft Technologies IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹110,000).
Application Lots Shares Amount Retail (Min) 1 2000 ₹110,000 Retail (Max) 1 2000 ₹110,000 HNI (Min) 2 4,000 ₹220,000
Labelkraft Technologies IPO Promoter Holding
Ranjeet Kumar Solanki is the Promoter of the company.
Pre Issue Share Holding | 99.71% |
Post Issue Share Holding | 73.16% |
Labelkraft Technologies IPO Prospectus
Company Contact Information
Labelkraft Technologies Limited
14/12,
Jayachamarajendra Road,
Bengaluru – 560002
Phone: +91 080-40927665
Email: [email protected]
Website: http://www.labelkraft.com/
Labelkraft Technologies IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://www.bigshareonline.com/
Labelkraft Technologies IPO Review
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Labelkraft Technologies IPO Lead Manager(s)
- Hem Securities Limited (Past IPO Performance)
SME IPO
VELS Film International IPO
VELS Film International IPO | Incorporated in 2019, VELS Film International Limited is primarily in the business of the production of films and the sale of film rights. The company is Promoted by Dr. Ishari K Ganesh who started the venture with the vision to produce feature films in various languages.
VELS Film is a member of the South Indian Film Chamber of Commerce. The company is growing at a fast pace as its contribution to the South Indian Film Industry is widening. The Tamil Film Industry is the third biggest film industry in India.
Since incorporation, VELS Film International Limited has produced the following movies:
- Mookuthi Amman
- Kutty Story
- Sumo
- Joshua Imai Pol Kaakha
- Vendhu Thanindhathu Kaadu
Some of the forthcoming projects, the company is associated with, are – Singapore Salon, Corona Kumar, and Chutney Sambar.
The company derives its strengths from the following factors:
- Experienced Directors and Management Team
- Value of the “VELS” and “Dr. Ishari K. Ganesh” name
- Distribution network
- Growth Stage and visible revenue streams
Company Financials
Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
---|---|---|---|---|---|
31-Mar-22 | 12,090.06 | 2,717.92 | 338.23 | 1,879.42 | 929.42 |
30-Sep-22 | 14,619.59 | 4,718.97 | 134.00 | 2,013.42 | 1,063.42 |
Amount in ₹ Lakhs |
Objects of the Issue
The company intends to utilize the proceeds of the Issue to meet the following objectives: –
- Film production;
- General Corporate Purpose;
- To meet the Issue Expenses
VELS Film International IPO Details
IPO Date | Mar 10, 2023 to Mar 14, 2023 |
Face Value | ₹10 per share |
Price | ₹99 per share |
Lot Size | 1200 Shares |
Issue Size | 3,408,000 shares of ₹10 (aggregating up to ₹33.74 Cr) |
Fresh Issue | 3,408,000 shares of ₹10 (aggregating up to ₹33.74 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
VELS Film International IPO Reservation
NII (HNI) Shares Offered | 50% of the Net Offer |
Retail Shares Offered | 50% of the Net Offer |
Market Maker portion | 172,800 shares (SS CORPORATE SECURITIES LIMITED) |
VELS Film International IPO Tentative Timetable
VELS Film International IPO opens on Mar 10, 2023, and closes on Mar 14, 2023. The VELS Film International IPO bid date is from Mar 10, 2023 10.00 A.M. to Mar 14, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
Event Tentative Date Opening Date Mar 10, 2023 Closing Date Mar 14, 2023 Basis of Allotment Mar 17, 2023 Initiation of Refunds Mar 20, 2023 Credit of Shares to Demat Mar 21, 2023 Listing Date Mar 22, 2023
VELS Film International IPO Lot Size
The VELS Film International IPO lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹118,800).
Application Lots Shares Amount Retail (Min) 1 1200 ₹118,800 Retail (Max) 1 1200 ₹118,800 HNI (Min) 2 2,400 ₹237,600
VELS Film International IPO Promoter Holding
Dr. Ishari Kadhirvelan Ganesh is the Promoter of the company.
Pre Issue Share Holding 100% Post Issue Share Holding
VELS Film International IPO Review
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VELS Film International IPO Prospectus
Company Contact Information
VELS Film International Limited
No. 521/2,
Anna Salai Nandanam,
Chennai – 600035
Phone: 044 24315541/ 542
Email: [email protected]
Website: http://www.velsfilminternational.com/
VELS Film International IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/
VELS Film International IPO Lead Manager(s)
- Khambatta Securities Limited (Past IPO Performance)
SME IPO
Prospect Commodities IPO
Prospect Commodities IPO | Incorporated in 2022, Prospect Commodities Limited is majorly into the international trade of “Agro Products”. The entity was recently incorporated as a company, earlier the operations were managed and controlled through the partnership firm under the name “M/s Fortune Exports”.
The Promoter and Managing Director of the company, Mr. Vimal Mishra has experience of over a decade in different fields which harnesses the company’s growth in the right direction.
Prospect Commodities Limited is in the business of trading cashew in the B2B Market. The entity sells the Cashews to wholesalers in the state of Gujarat. The cashews are packed in a tin of 10 KG. The Company buys RCN (Raw Cashew Nut) from Gujarat vendors itself, who are importing RCN from other countries and also from Kolam, Tuticorin, and Mangalore.
The products of Prospect include various grades of Cashews largely sold in Gujarat. These cashew grades are based on the size and color of the cashew nuts. The company has the following premium grades of Cashew to offer W400, W320, W240, W210, and W180.
Cashew Nuts themselves are premium dry fruit and require multiple processing stages to be sold as a finished product. Before reaching the doorstep of the end customer, the nuts undergo a series of processes. Prospect Commodities Limited undertakes the following processes:
- Cleaning
- Boiling and Cooling
- De Shelling
- Drying
- Moisture and Peeling
- Sorting
- Drying
- Grading
- Manual Sorting and Grading
- Drying before Dispatch
- Packing and Dispatch
Company Financials
Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
---|---|---|---|---|---|---|
31-Mar-22 | 1.05 | 0.00 | -0.15 | 0.85 | -0.15 | 0.05 |
30-Nov-22 | 977.07 | 839.98 | 52.85 | 293.70 | 52.70 | 363.57 |
Amount in ₹ Lakhs |
Objects of the Issue
The Company proposes to utilize the Net Proceeds from the issue towards the following objects:
- Repayment of Unsecured Loans
- Long-term working capital requirement
- General Corporate Purpose
- Meeting Public Issue Expenses.
Prospect Commodities IPO Details
IPO Date | Mar 8, 2023 to Mar 10, 2023 |
Face Value | ₹10 per share |
Price | ₹61 per share |
Lot Size | 2000 Shares |
Issue Size | 1,226,000 shares of ₹10 (aggregating up to ₹7.48 Cr) |
Fresh Issue | 1,226,000 shares of ₹10 (aggregating up to ₹7.48 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Prospect Commodities IPO Reservation
NII (HNI) Shares Offered | 50% of the Net Issue |
Retail Shares Offered | 50% of the Net Issue |
Market Maker portion | 62,000 shares (BEELINE BROKING LTD.) |
Prospect Commodities IPO Tentative Timetable
Prospect Commodities IPO opens on Mar 8, 2023, and closes on Mar 10, 2023. The Prospect Commodities IPO bid date is from Mar 8, 2023 10.00 A.M. to Mar 10, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
Event Tentative Date Opening Date Mar 8, 2023 Closing Date Mar 10, 2023 Basis of Allotment Mar 15, 2023 Initiation of Refunds Mar 16, 2023 Credit of Shares to Demat Mar 17, 2023 Listing Date Mar 20, 2023
Prospect Commodities IPO Lot Size
The Prospect Commodities IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹122,000).
Application Lots Shares Amount Retail (Min) 1 2000 ₹122,000 Retail (Max) 1 2000 ₹122,000 HNI (Min) 2 4,000 ₹244,000
Prospect Commodities IPO Promoter Holding
Vimal Mishra and Priyanka Mishra are the Promoters of the Company.
Pre Issue Share Holding 88.44% Post Issue Share Holding 61.94%
Prospect Commodities IPO Prospectus
Company Contact Information
Prospect Commodities Limited
417, Sun Orbit B/h. Rajpath Club Road,
Bodakdev,
Ahmedabad – 380054
Phone: 079-48000696
Email: [email protected]
Website: http://www.prospectcommodities.com/
Prospect Commodities IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://www.bigshareonline.com/
Prospect Commodities IPO Review
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Prospect Commodities IPO Lead Manager(s)
- Interactive Financial Services Ltd (Past IPO Performance)
SME IPO
Sudarshan Pharma Industries IPO
Sudarshan Pharma Industries IPO | Incorporated in 2008, Mumbai based Sudarshan Pharma Industries Limited (SPIL) has a contract manufacturing facility to source and supply generic formulations. It is also engaged in import & export activities, and supply of specialty chemicals, API (Active Pharmaceutical Ingredients), and Intermediates. Based on clients’ specifications and requirements, they outsource the manufacturing facility from the suppliers in India and abroad.
The generic products supplied by the company have a wide application in paint, food, pharma, and adhesive industry. The company is involved in a contract manufacturing facility, supply and outsource of medicines and pharma formulation to hospitals, NGO, government and healthcare institutes. SPIL has 50 pharma formulations which are supplied under the brand name in the form of tablets, ointment, capsules, and injectable.
The company has its own sales force and distribution network in 5 states for ethical marketing of pharmaceutical formulation & products under the brand name in Indian and international markets. It also offers formulation development and QC services and provides customised solutions.
The competitive strengths of the company are:
1. Customer-centric and order-driven business model
2. Wide range of product offerings
3. Contract manufacturing facility arrangements
4. Strong distribution, marketing, and sales network
5. Diversified business operations
Company Financials
Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
---|---|---|---|---|---|---|
31-Mar-21 | 9,926.02 | 19,372.82 | 267.12 | 2,250.74 | 1,296.05 | 2,977.09 |
31-Mar-22 | 13,752.18 | 35,755.89 | 530.37 | 2,977.53 | 2,002.63 | 3,059.24 |
30-Sep-22 | 16,402.22 | 19,589.87 | 360.70 | 5,108.79 | 3,996.89 | 4,940.50 |
Amount in ₹ Lakhs |
Objects of the Issue
The Company intends to utilize the Net Fresh Issue Proceeds for the following Objects:
- Working Capital Requirements
- General Corporate Purposes.
Sudarshan Pharma Industries IPO Details
IPO Date | Mar 9, 2023 to Mar 14, 2023 |
Face Value | ₹10 per share |
Price | ₹71 to ₹73 per share |
Lot Size | 1600 Shares |
Issue Size | 6,862,400 shares of ₹10 (aggregating up to ₹50.10 Cr) |
Fresh Issue | 6,862,400 shares of ₹10 (aggregating up to ₹50.10 Cr) |
Market Maker portion | 344,000 shares |
Issue Type | Book Built Issue IPO |
Listing At | BSE SME |
P/E (x) | 13.22 |
QIB Shares Offered | Not more than 50% of the Net Issue |
NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Retail Shares Offered | Not less than 35% of the Net Issue |
Market Maker | GRETEX SHARE BROKING PVT. LTD. |
Company Promoters | Mr. Hemal Vasantrai Mehta and Mr. Sachin Vasantrai Mehta are the Promoters of the company. |
Sudarshan Pharma Industries IPO Tentative Timetable
Sudarshan Pharma Industries IPO opens on Mar 9, 2023, and closes on Mar 14, 2023. The Sudarshan Pharma Industries IPO bid date is from Mar 9, 2023 10.00 A.M. to Mar 14, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
Event Tentative Date Opening Date Mar 9, 2023 Closing Date Mar 14, 2023 Basis of Allotment Mar 17, 2023 Initiation of Refunds Mar 20, 2023 Credit of Shares to Demat Mar 21, 2023 Listing Date Mar 22, 2023
Sudarshan Pharma Industries IPO Lot Size
The Sudarshan Pharma Industries IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹116,800).
Application Lots Shares Amount Retail (Min) 1 1600 ₹116,800 Retail (Max) 1 1600 ₹116,800 HNI (Min) 2 3,200 ₹233,600
Sudarshan Pharma Industries IPO Promoter Holding
Pre Issue Share Holding | 80.28% |
Post Issue Share Holding |
Sudarshan Pharma Industries IPO Prospectus
Company Contact Information
Sudarshan Pharma Industries Ltd
301,3rd Floor, Aura Biplex,
Above Kalyan Jewellers S. V. Road, Borivali (West)
Mumbai – 400092
Phone: 022- 42221111
Email: [email protected]
Website: http://www.sudarshanpharma.com/
Sudarshan Pharma Industries IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/
Sudarshan Pharma Industries IPO Review
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Sudarshan Pharma Industries IPO Lead Manager(s)
- Gretex Corporate Services Pvt Ltd (Past IPO Performance)
SME IPO
MCON Rasayan IPO
MCON Rasayan IPO | Incorporated in 2016, MCON Rasayan India Limited is in the business of manufacturing, marketing, and selling of modern building materials and construction chemicals. The company has a suite of more than 80 products including a range of construction materials and construction chemicals in both powder and liquid forms.
Powder products of the company are Ready mix plaster, Tile adhesives, Block adhesives, Wall putty, Micro concrete & polymer mortar, Engineering non-shrink grouts and Floor hardeners.
Liquid Form products include Polyurethane (PU) based liquid membranes, Bonding agents, Paints, Anti-corrosive coatings, Concrete admixtures and Curing compounds.
The products of MCON Rasayan India Limited are marketed under the brand label “MCON”.
The company has two manufacturing plants in Valsad and Navsari, Gujarat. The plant at GIDC Sarigam, Valsad, Gujarat mainly engages in the manufacturing of admixtures, wall putty, tile adhesives, paints, concrete repair systems, and waterproofing systems and has an installed capacity of 2,500 MTPA. And the plant in Navsari, Gujarat manufactures readymix mortars, block adhesives, and tile adhesives and has an installed capacity of 12,500 MTPA.
The top 10 products of MCON are as under MCON Magic Coat WP, MCON Magic Coat PU White, MCON Mortar/NSA Grey, MCON Micro Mortar, MCON Polymer Mortar EP, MCON Block Fix /Block Mortar, MCON Readyplaster, MCON Ultra Gyp Bond, MCON Wall Putty, and MCON Hard/Top Floor Metallic.
Company Financials
Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
---|---|---|---|---|---|---|
31-Mar-20 | 776.02 | 896.95 | 3.61 | 110.72 | 9.72 | 321.61 |
31-Mar-21 | 831.81 | 899.78 | 18.68 | 178.40 | 28.40 | 346.58 |
31-Mar-22 | 1,446.31 | 1,922.36 | 44.40 | 221.29 | 71.29 | 740.85 |
30-Sep-22 | 1,777.53 | 1,304.67 | 85.64 | 456.93 | 269.43 | 642.63 |
Amount in ₹ Lakhs |
Objects of the Issue
The Company proposes to utilize the funds for the following objects:
- Funding the working capital requirements of the company
- General Corporate Purposes
MCON Rasayan IPO Details
IPO Date | Mar 6, 2023 to Mar 10, 2023 |
Face Value | ₹10 per share |
Price | ₹40 per share |
Lot Size | 3000 Shares |
Issue Size | 1,710,000 shares of ₹10 (aggregating up to ₹6.84 Cr) |
Fresh Issue | 1,710,000 shares of ₹10 (aggregating up to ₹6.84 Cr) |
Market Maker portion | 90,000 shares |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
NII (HNI) Shares Offered | 50% of the Net Issue |
Retail Shares Offered | 50% of the Net Issue |
Company Promoters | Mahesh Ravji Bhanushali is the Promoter of the Company. |
MCON Rasayan IPO Tentative Timetable
MCON Rasayan IPO opens on Mar 6, 2023, and closes on Mar 10, 2023. The MCON Rasayan IPO bid date is from Mar 6, 2023 10.00 A.M. to Mar 10, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
Event Tentative Date Opening Date Mar 6, 2023 Closing Date Mar 10, 2023 Basis of Allotment Mar 15, 2023 Initiation of Refunds Mar 16, 2023 Credit of Shares to Demat Mar 17, 2023 Listing Date Mar 20, 2023
MCON Rasayan IPO Lot Size
The MCON Rasayan IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹120,000).
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 3000 | ₹120,000 |
Retail (Max) | 1 | 3000 | ₹120,000 |
HNI (Min) | 2 | 6,000 | ₹240,000 |
MCON Rasayan IPO Promoter Holding
Pre Issue Share Holding | 91.45% |
Post Issue Share Holding | 66.64% |
MCON Rasayan IPO Prospectus
Company Contact Information
MCON Rasayan India Limited
101/A, 1st floor, Maxheal House, Plot-169
CTS-104 Bangur Nagar, Goregaon West,
Near Ayyappa Temple, Mumbai- 400090
Phone: +91 86559 88698
Email: [email protected]
Website: http://www.mconrasayan.com/
MCON Rasayan IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/
MCON Rasayan IPO Review
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