.PNG&w=256&q=75)
Mahickra Chemicals Limited IPO
NSE SMERs 1,50,000 / 6000 Shares
Mahickra Chemicals Limited IPO Details
The Mahickra Chemicals Limited IPO price band is set between Rs 24 - Rs 25 Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Bigshare Services Pvt. Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 16 Apr, 2018 and closes on 18 Apr, 2018. Investors can check the allotment status on 24 Apr, 2018, while the listing date is tentatively scheduled for 26 Apr, 2018.
The total issue size is 21,00,000 Equity Shares of Rs 10/- each at a price of Rs 24/- to Rs 25/- per share aggregating to 5.25 Cr, aggregating up to . Stay tuned for the latest Mahickra Chemicals Limited IPO review and GMP updates.
Mahickra Chemicals Limited IPO Review, Rating & Analysis
Mahickra Chemicals Limited IPO Review
NO REVIEWMahickra Chemicals Limited IPO Rating
Mahickra Chemicals Limited IPO Highlights
IPO Date
Apr 16, 2018 - Apr 18, 2018
Listing Date
26 Apr, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 24 - Rs 25 Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Mahickra Chemicals Limited IPO Lot Size
The minimum market lot for Mahickra Chemicals Limited IPO is 6000 shares with an application amount of ₹1,50,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹1,50,000 |
| Retail (Max) | 1 | 6000 | ₹1,50,000 |
| S-HNI (Min) | 2 | 12000 | ₹3,00,000 |
| S-HNI (Max) | 6 | 36000 | ₹9,00,000 |
| B-HNI (Min) | 7 | 42000 | ₹10,50,000 |
Mahickra Chemicals Limited IPO Timeline
Issue Price
Rs 24 - Rs 25 Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt. LtdLead Manager
PANTOMATH CAPITAL ADVISORS PRIVATE LIMITEDIssue Size
21,00,000 Equity Shares of Rs 10/- each at a price of Rs 24/- to Rs 25/- per share aggregating to 5.25 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Miteshkumar Champaklal Gandhi
- Mr. Ashishkumar Champaklal Gandhi
- Mrs. Komal Mitesh Gandhi
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Mahickra Chemicals Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 9,96,000 | 9,96,000 | 19,92,000 |
Day 1 -16-04-18 | 2,10,000 0.21 x | 4,98,000 0.50 x | 7,08,000 0.36 x |
Day 2 -17-04-18 | 6,84,000 0.69 x | 32,46,000 3.26 x | 39,30,000 1.97 x |
Day 3 -18-04-18 | 2,23,74,000 22.46 x | 3,36,36,000 33.77 x | 5,60,10,000 28.12 x |
Day 4 -17-04-18 | N/A x | N/A x | N/A x |
Frequently Asked Questions about Mahickra Chemicals Limited IPO IPO
When will Mahickra Chemicals Limited IPO open for subscription?
The Mahickra Chemicals Limited IPO opens on 16 Apr, 2018 and closes on 18 Apr, 2018.
What is the investors portion for Mahickra Chemicals Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 996000.
How to apply for Mahickra Chemicals Limited IPO?
You can apply for Mahickra Chemicals Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Mahickra Chemicals Limited IPO?
The issue size of Mahickra Chemicals Limited IPO is approx ₹21,00,000 Equity Shares of Rs 10/- each at a price of Rs 24/- to Rs 25/- per share aggregating to 5.25 Cr crores.
What is the price band of Mahickra Chemicals Limited IPO?
The price band for Mahickra Chemicals Limited IPO is Rs 24 to ₹ Rs 25 Per Equity Share.
What is the lot size of Mahickra Chemicals Limited IPO?
The minimum bid (lot size) for Mahickra Chemicals Limited IPO is 6000 shares with an investment of approx Rs 1,50,000 .
What is the allotment date of Mahickra Chemicals Limited IPO?
The allotment date for Mahickra Chemicals Limited IPO is 24 Apr, 2018.
What is the listing date of Mahickra Chemicals Limited IPO?
The listing date for Mahickra Chemicals Limited IPO is expected to be 26 Apr, 2018.
What is the GMP of Mahickra Chemicals Limited IPO?
The latest Grey Market Premium (GMP) for Mahickra Chemicals Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.