MMP Industries IPO is a Book Building IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 84.60 Cr. The company is based in Nagpur and caters to Aluminium sector. Guiness Corporate Advisors is the merchant banker of MMP Industries IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th January 2018.
MMP Industries IPO open date is 28th March 2018 and close date is 4th April 2018. IPO Allotment Date is 9th April 2018 and Listing date is 12th April 2018.MMP Industries IPO size is ₹ 84.60 Cr. with IPO price of ₹ 188.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Guiness Corporate Advisors Private Limited is the book-running lead manager of the MMP Industries IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Guiness Securities Limited for MMP Industries IPO.
MMP Industries IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
MMP Industries IPO, based in Nagpur, operates in the Aluminium sector with a focus on manufacturing of aluminium products. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. MMP Industries IPO size is ₹ 84.60 Cr. with fresh issue size of ₹ 84.60 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for MMP Industries IPO is expected to be 9th April 2018, after the finalization of basis of allotment. Investors can check MMP Industries IPO allotment status on the registrars website, Bigshare Services Private Limited . MMP Industries IPO refund dates are 11th April 2018.
MMP Industries IPO is expected to be listed on 12th April 2018.
The upper price band for the MMP Industries IPO is set at ₹ 188.00 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 MMP 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 MMP 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 4th April 2018. After submission, funds are blocked until the basis of allotment of MMP Industries IPO is finalised.
The merchant banker for MMP Industries IPO is Guiness Corporate Advisors Private Limited . Guiness Corporate Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the MMP Industries IPO RHP for further details.
The registrar for MMP 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 MMP Industries IPO through their official website or helpline.
MMP Industries IPO was subscribed 0.78 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
MMP Industries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on MMP Industries Financial Review Page
Merchant Banker(s) of MMP Industries IPO: Guiness Corporate Advisors Private Limited
MMP Industries IPO subscription was 0.78 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.
MMP Industries IPO listed at a listing price of 199.50 against the offer price of 188.00.
The current market price of MMP Industries is 267.85.
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