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Mahip Industries Limited IPO
BSE SMERs 1,28,000 / 4000 Shares
Mahip Industries Limited IPO Details
The Mahip Industries Limited IPO price band is set between Rs 32/- Per Equity Share, with a face value of Rs 10/- per share. The issue is managed by BIGSHARE SERVICES PRIVATE LIMITED, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 26 Feb, 2019 and closes on 1 Mar, 2019. Investors can check the allotment status on 7 Mar, 2019, while the listing date is tentatively scheduled for 12 Mar, 2019.
The total issue size is Fresh issue of 51,96,000 Equity Shares of Rs 10/- at a price of Rs 32/- per share aggregating to Rs 16.63 Cr, aggregating up to . Stay tuned for the latest Mahip Industries Limited IPO review and GMP updates.
Mahip Industries Limited IPO Review, Rating & Analysis
Mahip Industries Limited IPO Review
NO REVIEWMahip Industries Limited IPO Rating
Mahip Industries Limited IPO Highlights
IPO Date
Feb 26, 2019 - Mar 1, 2019
Listing Date
12 Mar, 2019
Face Value
Rs 10/- Per Equity Share
Price Band
Rs 32/- Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Mahip Industries Limited IPO Lot Size
The minimum market lot for Mahip Industries Limited IPO is 4000 shares with an application amount of ₹1,28,000. 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 | 4000 | ₹1,28,000 |
| Retail (Max) | 1 | 4000 | ₹1,28,000 |
| S-HNI (Min) | 2 | 8000 | ₹2,56,000 |
| S-HNI (Max) | 7 | 28000 | ₹8,96,000 |
| B-HNI (Min) | 8 | 32000 | ₹10,24,000 |
Mahip Industries Limited IPO Timeline
Issue Price
Rs 32/- Per Equity ShareFace Value
Rs 10/- Per Equity ShareListing at Group
BSE SMERegistrar
BIGSHARE SERVICES PRIVATE LIMITEDLead Manager
Finshore Management Services LimitedIssue Size
Fresh issue of 51,96,000 Equity Shares of Rs 10/- at a price of Rs 32/- per share aggregating to Rs 16.63 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Rajiv Govindram Agrawal
- Rajiv Govindram Agarwal (HUF)
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Mahip Industries Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 24,68,000 | 24,68,000 | 49,36,000 |
Day 1 -26-02-19 | 27,96,000 1.13 x | 7,88,000 0.32 x | 35,84,000 0.73 x |
Day 2 -27-02-19 | 31,08,000 1.26 x | 12,56,000 0.51 x | 43,64,000 0.88 x |
Day 3 -28-02-19 | 32,80,000 1.33 x | 23,92,000 0.97 x | 56,72,000 1.15 x |
Day 4 -01-03-19 | 37,80,000 1.53 x | 38,08,000 1.54 x | 75,88,000 1.54 x |
Frequently Asked Questions about Mahip Industries Limited IPO IPO
When will Mahip Industries Limited IPO open for subscription?
The Mahip Industries Limited IPO opens on 26 Feb, 2019 and closes on 1 Mar, 2019.
What is the investors portion for Mahip Industries Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 2468000.
How to apply for Mahip Industries Limited IPO?
You can apply for Mahip Industries 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 Mahip Industries Limited IPO?
The issue size of Mahip Industries Limited IPO is approx ₹Fresh issue of 51,96,000 Equity Shares of Rs 10/- at a price of Rs 32/- per share aggregating to Rs 16.63 Cr crores.
What is the price band of Mahip Industries Limited IPO?
The price band for Mahip Industries Limited IPO is Rs 32/ to ₹ Per Equity Share.
What is the lot size of Mahip Industries Limited IPO?
The minimum bid (lot size) for Mahip Industries Limited IPO is 4000 shares with an investment of approx Rs 1,28,000 .
What is the allotment date of Mahip Industries Limited IPO?
The allotment date for Mahip Industries Limited IPO is 7 Mar, 2019.
What is the listing date of Mahip Industries Limited IPO?
The listing date for Mahip Industries Limited IPO is expected to be 12 Mar, 2019.
What is the GMP of Mahip Industries Limited IPO?
The latest Grey Market Premium (GMP) for Mahip Industries 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.