Mahip Industries IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Ahmedabad and caters to Packaging & Disposables sector. Finshore Management Services is the merchant banker of Mahip Industries IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 15th February 2019.
Mahip Industries IPO open date is 26th February 2019 and close date is 1st March 2019. IPO Allotment Date is 30th November -0001 and Listing date is 12th March 2019.Mahip Industries IPO size is ₹ 16.63 Cr. with IPO price of ₹ 32.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Finshore Management Services Limited is the book-running lead manager of the Mahip Industries IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Airan Finstocks Private Limited for Mahip Industries IPO.
Mahip Industries IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Mahip Industries IPO, based in Ahmedabad, operates in the Packaging & Disposables sector with a focus on . The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Mahip Industries IPO size is ₹ 16.63 Cr. with fresh issue size of ₹ 16.63 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Mahip Industries IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Mahip Industries IPO allotment status on the registrars website, Bigshare Services Private Limited. Mahip Industries IPO refund dates are 30th November -0001.
Mahip Industries IPO is expected to be listed on 12th March 2019.
The upper price band for the Mahip Industries IPO is set at ₹ 32.00 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 Mahip Industries 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 Mahip Industries 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 1st March 2019. After submission, funds are blocked until the basis of allotment of Mahip Industries IPO is finalised.
The merchant banker for Mahip Industries IPO is Finshore Management Services Limited . Finshore Management Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Mahip Industries IPO RHP for further details.
The registrar for Mahip Industries 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 Mahip Industries IPO through their official website or helpline.
Mahip Industries IPO was subscribed 1.54 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Mahip Industries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Mahip Industries Financial Review Page
Merchant Banker(s) of Mahip Industries IPO: Finshore Management Services Limited
Mahip Industries IPO subscription was 1.54 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.
Mahip Industries IPO listed at a listing price of 33.60 against the offer price of 32.00.
The current market price of Mahip Industries is 3.43.
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