MRC Exim IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 4.50 Cr. The company is based in Mumbai and caters to Steel sector. Inventure Merchant Banker Services is the merchant banker of MRC Exim IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 26th November 2017.
MRC Exim IPO open date is 6th December 2017 and close date is 8th December 2017. IPO Allotment Date is 30th November -0001 and Listing date is 18th December 2017.MRC Exim IPO size is ₹ 4.50 Cr. with IPO price of ₹ 15.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Inventure Merchant Banker Services Private Limited is the book-running lead manager of the MRC Exim IPO. S.K. Infosolutions Private Limited is the Registrar and Market Maker is Choice Equity Broking Private Limited for MRC Exim IPO.
MRC Exim IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
MRC Exim IPO, based in Mumbai, operates in the Steel sector with a focus on business of trading of various industrial metals and alloy products including iron and steel. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. MRC Exim IPO size is ₹ 4.50 Cr. with fresh issue size of ₹ 5 and Offer for sale being ₹ Nil
The IPO allotment date for MRC Exim IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check MRC Exim IPO allotment status on the registrars website, S.K. Infosolutions Private Limited . MRC Exim IPO refund dates are 30th November -0001.
MRC Exim IPO is expected to be listed on 18th December 2017.
The upper price band for the MRC Exim IPO is set at ₹ 15.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on MRC Exim IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the MRC Exim IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 8th December 2017. After submission, funds are blocked until the basis of allotment of MRC Exim IPO is finalised.
The merchant banker for MRC Exim IPO is Inventure Merchant Banker Services Private Limited . Inventure Merchant Banker Services Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the MRC Exim IPO RHP for further details.
The registrar for MRC Exim IPO is S.K. Infosolutions Private Limited . Investors can go to S.K. Infosolutions Private Limited registrar website for IPO allotment status, refund processing, and other queries related to MRC Exim IPO through their official website or helpline.
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MRC Exim IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on MRC Exim Financial Review Page
Merchant Banker(s) of MRC Exim IPO: Inventure Merchant Banker Services Private Limited
MRC Exim IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
MRC Exim IPO listed at a listing price of 12.50 against the offer price of 15.00.
The current market price of MRC Exim is 25.31.
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