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MCON Rasayan India IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Chemical - Paint And Adhesives sector. GYR Capital Advisors is the merchant banker of MCON Rasayan India IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 26th December 2022.
MCON Rasayan India IPO open date is 6th March 2023 and close date is 10th March 2023. IPO Allotment Date is 15th March 2023 and Listing date is 20th March 2023.
IPO
Size:
₹ 6.84 Cr.
Avg IPO Size (Sector Based)
: ₹
20.84 cr.
Sector: Chemical - Paint And Adhesives
SME
IPO so far:
6
Merchant Banker:
GYR Capital
SME
IPO by BRLM so far:
39
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹
26.10
cr. 
PE
Ratio:
14.71x
Average Sector PE Ratio: 22.50x
MCON Rasayan India IPO size is ₹ 6.84 Cr. with IPO price of ₹ 40.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
GYR Capital Advisors Private Limited is the book-running lead manager of the MCON Rasayan India IPO. Link Intime India Private Limited is the Registrar and Market Maker is Econo Broking Private Limited for MCON Rasayan India IPO.
MCON Rasayan India IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
MCON Rasayan India IPO, based in Mumbai, operates in the Chemical - Paint And Adhesives sector with a focus on Manufacturing modern building materials. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. MCON Rasayan India IPO size is ₹ 6.84 Cr. with fresh issue size of ₹ 6.84 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for MCON Rasayan India IPO is expected to be 15th March 2023, after the finalization of basis of allotment. Investors can check MCON Rasayan India IPO allotment status on the registrars website, Link Intime India Private Limited. MCON Rasayan India IPO refund dates are 16th March 2023.
MCON Rasayan India IPO is expected to be listed on 20th March 2023.
The upper price band for the MCON Rasayan India IPO is set at ₹ 40.00 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 MCON Rasayan India 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 MCON Rasayan India 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 10th March 2023. After submission, funds are blocked until the basis of allotment of MCON Rasayan India IPO is finalised.
The merchant banker for MCON Rasayan India IPO is GYR Capital Advisors Private Limited . GYR Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the MCON Rasayan India IPO RHP for further details.
The registrar for MCON Rasayan India IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to MCON Rasayan India IPO through their official website or helpline.
MCON Rasayan India IPO was subscribed 384.64 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 6.84 Cr.
Avg IPO Size (Sector Based)
:
₹ 20.84 Cr.
Sector: Chemical - Paint And Adhesives
SME
IPO so far:
6
Merchant Banker:
GYR Capital
SME
IPO by BRLM so far:
39
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹ 26.08 cr.
PE
Ratio:
14.71x
Average Sector PE Ratio: 22.50x
MCON Rasayan India IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on MCON Rasayan India Financial Review Page
Merchant Banker(s) of MCON Rasayan India IPO: GYR Capital Advisors Private Limited
MCON Rasayan India IPO subscription was 384.64 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.
MCON Rasayan India IPO listed at a listing price of 48.00 against the offer price of 40.00.
The current market price of MCON Rasayan India is 124.65.
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