Megastar Foods Limited IPO
BSE SMERs 1,20,000 / 4000 Shares
Megastar Foods Limited IPO Details
The Megastar Foods Limited IPO price band is set between Rs 30 Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Skyline Financial Services Private Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 14 May, 2018 and closes on 16 May, 2018. Investors can check the allotment status on 22 May, 2018, while the listing date is tentatively scheduled for 24 May, 2018.
The total issue size is 26,80,000 Equity Shares of Rs 10/- each at a price of Rs 30/- per share aggregating to 8.04 Cr, aggregating up to . Stay tuned for the latest Megastar Foods Limited IPO review and GMP updates.
Megastar Foods Limited IPO Review, Rating & Analysis
Megastar Foods Limited IPO Review
NO REVIEWMegastar Foods Limited IPO Rating
Megastar Foods Limited IPO Highlights
IPO Date
May 14, 2018 - May 16, 2018
Listing Date
24 May, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 30 Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Megastar Foods Limited IPO Lot Size
The minimum market lot for Megastar Foods Limited IPO is 4000 shares with an application amount of ₹1,20,000. 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 | ₹1,20,000 |
| Retail (Max) | 1 | 4000 | ₹1,20,000 |
| S-HNI (Min) | 2 | 8000 | ₹2,40,000 |
| S-HNI (Max) | 8 | 32000 | ₹9,60,000 |
| B-HNI (Min) | 9 | 36000 | ₹10,80,000 |
Megastar Foods Limited IPO Timeline
Issue Price
Rs 30 Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
BSE SMERegistrar
Skyline Financial Services Private LtdLead Manager
SWASTIKA INVESTMART LIMITEDIssue Size
26,80,000 Equity Shares of Rs 10/- each at a price of Rs 30/- per share aggregating to 8.04 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Vikas Goel
- Mr. Vikas Gupta
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Megastar Foods Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 12,72,000 | 12,72,000 | 25,44,000 |
Day 1 -14-05-18 | 3,00,000 0.24 x | 44,000 0.03 x | 3,44,000 0.14 x |
Day 2 -15-05-18 | 19,40,000 1.53 x | 8,28,000 0.65 x | 27,68,000 1.09 x |
Day 3 -16-05-18 | 23,92,000 1.88 x | 19,28,000 1.52 x | 43,20,000 1.70 x |
Frequently Asked Questions about Megastar Foods Limited IPO IPO
When will Megastar Foods Limited IPO open for subscription?
The Megastar Foods Limited IPO opens on 14 May, 2018 and closes on 16 May, 2018.
What is the investors portion for Megastar Foods Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1272000.
How to apply for Megastar Foods Limited IPO?
You can apply for Megastar Foods 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 Megastar Foods Limited IPO?
The issue size of Megastar Foods Limited IPO is approx ₹26,80,000 Equity Shares of Rs 10/- each at a price of Rs 30/- per share aggregating to 8.04 Cr crores.
What is the price band of Megastar Foods Limited IPO?
The price band for Megastar Foods Limited IPO is Rs 30 Per Equity Share to ₹undefined.
What is the lot size of Megastar Foods Limited IPO?
The minimum bid (lot size) for Megastar Foods Limited IPO is 4000 shares with an investment of approx Rs 1,20,000 .
What is the allotment date of Megastar Foods Limited IPO?
The allotment date for Megastar Foods Limited IPO is 22 May, 2018.
What is the listing date of Megastar Foods Limited IPO?
The listing date for Megastar Foods Limited IPO is expected to be 24 May, 2018.
What is the GMP of Megastar Foods Limited IPO?
The latest Grey Market Premium (GMP) for Megastar Foods 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.
