Megastar Foods IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 8.04 Cr. The company is based in Chandigarh and caters to Agro - Food Products sector. Swastika Investmart is the merchant banker of Megastar Foods IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 7th May 2018.
Megastar Foods IPO open date is 14th May 2018 and close date is 16th May 2018. IPO Allotment Date is 30th November -0001 and Listing date is 24th May 2018.Megastar Foods IPO size is ₹ 8.04 Cr. with IPO price of ₹ 30.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Swastika Investmart Limited is the book-running lead manager of the Megastar Foods IPO. NSDL Database Management Limited is the Registrar and Market Maker is Beeline Broking Limited for Megastar Foods IPO.
Megastar Foods IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Megastar Foods IPO, based in Chandigarh, operates in the Agro - Food Products sector with a focus on manufacturing of food-based products. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Megastar Foods IPO size is ₹ 8.04 Cr. with fresh issue size of ₹ 8.04 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Megastar Foods IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Megastar Foods IPO allotment status on the registrars website, NSDL Database Management Limited . Megastar Foods IPO refund dates are 30th November -0001.
Megastar Foods IPO is expected to be listed on 24th May 2018.
The upper price band for the Megastar Foods IPO is set at ₹ 30.00 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 Megastar Foods 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 Megastar Foods 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 16th May 2018. After submission, funds are blocked until the basis of allotment of Megastar Foods IPO is finalised.
The merchant banker for Megastar Foods IPO is Swastika Investmart Limited . Swastika Investmart Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Megastar Foods IPO RHP for further details.
The registrar for Megastar Foods IPO is NSDL Database Management Limited . Investors can go to NSDL Database Management Limited registrar website for IPO allotment status, refund processing, and other queries related to Megastar Foods IPO through their official website or helpline.
Megastar Foods IPO was subscribed 1.70 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Megastar Foods IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Megastar Foods Financial Review Page
Merchant Banker(s) of Megastar Foods IPO: Swastika Investmart Limited
Megastar Foods IPO subscription was 1.70 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.
Megastar Foods IPO listed at a listing price of 31.00 against the offer price of 30.00.
The current market price of Megastar Foods is 276.60.
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