91  Total SME IPOs listed in 2025

4,041.09 Crs.  Total funds raised in 2025

63  SME IPOs listed with Gain in 2025

28  SME IPOs listed with loss in 2025

91  Total SME IPOs listed in 2025

4,041.09 Crs.  Total funds raised in 2025

63  SME IPOs listed with Gain in 2025

28  SME IPOs listed with loss in 2025

91  Total SME IPOs listed in 2025

4,041.09 Crs.  Total funds raised in 2025

63  SME IPOs listed with Gain in 2025

28  SME IPOs listed with loss in 2025

91  Total SME IPOs listed in 2025

4041.09 Crs.  Total funds raised in 2,025.00

63  SME IPOs listed with Gain in 2025

28  SME IPOs listed with loss in 2025

Mahickra Chemicals IPO (Mahickra Chemicals Limited IPO) Detail

Mahickra Chemicals IPO is a Book Building IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 5.25 Cr. The company is based in Ahmedabad and caters to Chemical sector. Pantomath Capital Advisors is the merchant banker of Mahickra Chemicals IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 22nd February 2018.

Mahickra Chemicals IPO open date is 16th April 2018 and close date is 18th April 2018. IPO Allotment Date is 23rd April 2018 and Listing date is 26th April 2018.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 5.25 Cr. Avg IPO Size (Sector Based) : ₹ 26.22 cr.
  • Sector: Chemical SME IPO so far: 61
  • Merchant Banker: Pantomath Capital SME IPO by BRLM so far: 104
  • City: Ahmedabad SME IPO so far: 180
  • Revenue (annualised): ₹ 5.68 cr.
            PAT: (annualised): ₹ 0.03 cr. Read Financial Information >>
  • PE Ratio: 37.00x Average Sector PE Ratio: 17.06x

Mahickra Chemicals IPO Date

Date of DRHP:
22nd February 2018
IPO Open Date:
16th April 2018
IPO Close Date:
18th April 2018
IPO Allotment Date:
23rd April 2018
Initiation of Refund:
24th April 2018
IPO Listing Date:
26th April 2018

Mahickra Chemicals IPO Info, Size, Subscription

Mahickra Chemicals IPO size is ₹ 5.25 Cr. with IPO price of ₹ 25.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 5.25 Cr.

Issue Price:
₹ 25.00

Market Capitalisation :
[●]

PE multiple :
37.00

Subscription :
27.85 times

Pre Issue Promoter Holding :
60.97 %

Post Issue Promoter Holding :
43.27 %

Mahickra Chemicals IPO Information

Sub Sector : manufacturing of Reactive Dyes
Mahickra Chemicals is in the business of manufacturing of Reactive Dyes since year 1998, while the business of trading in Reactive Dyes was started in year 1994. The Company manufactures Reactive Dyes also known as Synthetic Organic Dyes (S.O.Dyes) and has an integrated process. The company specialises in Black Reactive Dyes. Their company manufactures 40 various types of Reactive Dyes. The product of the company caters to textiles & garments manufacturers. The company also offer specialty performance chemicals to the Textile Dyeing and printing industry. The company has a production capacity of approx. 900 tons per annum. The manufacturing facility of the company is situated at Vatva GIDC in Gujarat. The facility is spread over 2 storeyed 700 sq. meters in area. The company is
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Object of Issue (Mahickra Chemicals IPO Objectives)

  • Funding the working capital requirements of the Company
  • General Corporate Purposes

Pantomath Capital Advisors Private Limited is the book-running lead manager of the Mahickra Chemicals IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Pantomath Stock Brokers Private Limited for Mahickra Chemicals IPO.

Mahickra Chemicals IPO Market Maker

Pantomath Stock Brokers Private Limited

Mahickra Chemicals IPO Registrar (RTA)

Bigshare Services Private Limited

Mahickra Chemicals IPO Lead Manager (BRLM)

Pantomath Capital Advisors Private Limited

Knowledge Partner to the IPO

IPOPlatform.com

Mahickra Chemicals IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Mahickra Chemicals IPO?

Mahickra Chemicals IPO, based in Ahmedabad, operates in the   Chemical sector with a focus on manufacturing of Reactive Dyes. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Mahickra Chemicals IPO size is ₹ 5.25 Cr. with fresh issue size of ₹ 5.25 Cr. and Offer for sale being ₹ Nil

When is Mahickra Chemicals IPO allotment?

The IPO allotment date for Mahickra Chemicals IPO is expected to be 23rd April 2018, after the finalization of basis of allotment. Investors can check Mahickra Chemicals IPO allotment status on the registrars website, Bigshare Services Private Limited . Mahickra Chemicals IPO refund dates are 24th April 2018.

When is Mahickra Chemicals IPO listing date?

Mahickra Chemicals IPO is expected to be listed on 26th April 2018.

What is the price band for Mahickra Chemicals IPO?

The upper price band for the Mahickra Chemicals IPO is set at ₹ 25.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Mahickra Chemicals IPO Review?

For IPO analysis on Mahickra Chemicals 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.

How to Apply for Mahickra Chemicals IPO?

To apply for the Mahickra Chemicals 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 18th April 2018. After submission, funds are blocked until the basis of allotment of Mahickra Chemicals IPO is finalised.

Who is the merchant banker of Mahickra Chemicals IPO?

The merchant banker for Mahickra Chemicals IPO is Pantomath Capital Advisors Private Limited . Pantomath Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Mahickra Chemicals IPO RHP for further details.

Who is the Registrar of Mahickra Chemicals IPO?

The registrar for Mahickra Chemicals IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Mahickra Chemicals IPO through their official website or helpline.

What is the Mahickra Chemicals IPO subscription?

Mahickra Chemicals IPO was subscribed 27.85 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Mahickra Chemicals IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Mahickra Chemicals Financial Review Page

Mahickra Chemicals IPO subscription was 27.85 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.

Mahickra Chemicals IPO listed at a listing price of 36.75 against the offer price of 25.00.

The current market price of Mahickra Chemicals is 125.30.

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