| Mahip Industries Ltd |
|
Registered Office:
Survey No. 127 Jalalpur-Godhn.,Dholka - Bagodara Highway
,
Ahmedabad
-
387810
,
Gujarat
, India.
Phone :
91-079-40048788 Fax:
Email : cs@mahipindustriesltd.in
Website : www.mahipindustriesltd.in
|
Initial public issue of 51,96,000 equity shares of face value of  10/- each of Mahip Industries Limited ("MIL" or The "Company" or The "Issuer") for cash at a price of 32/- per equity share including a share premium of 22/- per equity share (The "Issue Price") aggregating to 16.63 crores ("The Issue"), of which 2,60,000 Equity shares of face value of 10/- each for cash at a price of 32/- per equity share including a share Premium of 22/- per equity share aggregating to 0.83 crores will be reserved for subscription by Market maker to the issue (The "market maker reservation portion"). The issue less the market maker Reservation portion i.e. Net issue of 49,36,000 equity shares of face value of 10/- each at a price of 32/- per Equity share aggregating to 15.80 crores is herein after referred to as the "net issue". The issue and The net issue will constitute 27.01% and 25.65%, respectively of the post issue paid up equity share capital of the company
The Face value of the equity shares is 10 each and the issue price is 32/- per share i.e. 3.2 time of the face value of the equity shares.
|
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 26-Feb-19 |
01-Mar-19 |
Rs32.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :4000 Further Multiples of :4000 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
16.63 |
| Finshore Management Services Ltd |
|
| Project Financed through Current Offer |
16.63 |
|
| Post Issue Equity Share Capital |
19.24 |
|
| Issue Price |
Rs32.00 |
|
|