Mahip Industries IPO listing price is ₹ 33.60, issue price is ₹ 32.00, and currently trading at ₹ 3.43 as on [●]. Mahip Industries IPO performance is show below with latest CAGR.
*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.
*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.
Mahip Industries IPO is a Fixed Price 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 offer price is ₹ 32.00 and got listed at ₹ 33.60. Read Mahip Industries IPO details mentioned above.The IPO of Mahip Industries Limited was listed on 12th March 2019. As of today, Mahip Industries IPO is trading at ₹ 3.43, compared to the previous day’s close of [●]. Read the report above for detailed IPO performance.
The issue price of Mahip Industries IPO was ₹ 32.00 per equity share.
Mahip Industries IPO was listed at ₹33.60 on the stock exchange on 12th March 2019. The listing price is the price at which the shares started trading on the stock exchange after the IPO was completed.
As of [●], the current market price of Mahip Industries IPO is ₹ 3.43.
The 52-week high for Mahip Industries IPO is [●], while the 52-week low is [●]. These figures reflect the stock’s highest and lowest trading prices in the past one year from the current date.
The Mahip Industries IPO listed at ₹ 33.60 against the issue price of ₹ 32.00 per equity share, showing a listing day gain/loss of 1.6 (5.00%) , calculated by comparing the listing price to the issue price on the first day of trading.
The Mahip Industries IPO stock moved from its listing price of ₹ 33.60 to the current price of ₹3.43 per equity share, reflecting a change of -89.79% per share, calculated by subtracting the listing price from the current market price (CMP) as of today.
Based on Mahip Industries IPO issue date of 12th March 2019 and CMP of ₹3.43, the estimated CAGR is approximately -29.98%.
*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.
*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.
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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