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Mehai Technology Ltd IPO
BSE SMERs 1,20,000 / 3000 Shares
Mehai Technology Ltd IPO Details
The Mehai Technology Ltd IPO price band is set between Rs 40 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 BSE SME.
The IPO date for subscription opens on 25 Sep, 2017 and closes on 28 Sep, 2017. Investors can check the allotment status on 5 Oct, 2017, while the listing date is tentatively scheduled for 9 Oct, 2017.
The total issue size is 15,00,000 Equity Shares of Rs 10 aggregating up to Rs 6.00 Cr, aggregating up to . Stay tuned for the latest Mehai Technology Ltd IPO review and GMP updates.
Mehai Technology Ltd IPO Review, Rating & Analysis
Mehai Technology Ltd IPO Review
NO REVIEWMehai Technology Ltd IPO Rating
Mehai Technology Ltd IPO Highlights
IPO Date
Sep 25, 2017 - Sep 28, 2017
Listing Date
9 Oct, 2017
Face Value
Rs 10 Per Equity Share
Price Band
Rs 40 Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Mehai Technology Ltd IPO Lot Size
The minimum market lot for Mehai Technology Ltd IPO is 3000 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 | 3000 | ₹1,20,000 |
| Retail (Max) | 1 | 3000 | ₹1,20,000 |
| S-HNI (Min) | 2 | 6000 | ₹2,40,000 |
| S-HNI (Max) | 8 | 24000 | ₹9,60,000 |
| B-HNI (Min) | 9 | 27000 | ₹10,80,000 |
Mehai Technology Ltd IPO Timeline
Issue Price
Rs 40 Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt. LtdLead Manager
SPA Capital Advisors LtdIssue Size
15,00,000 Equity Shares of Rs 10 aggregating up to Rs 6.00 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Sudhir Ostwal
- Ms. Shalini Jain
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Mehai Technology Ltd IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | N/A | 7,11,000 | 7,11,000 | 14,22,000 |
Day 1 -25-09-17 | N/A x | 0.0 | 0.11 x | 0.05 x |
Day 2 -26-09-17 | N/A x | 0.0 | 0.43 x | 0.22 x |
Day 3 -27-09-17 | N/A x | 0.11 | 0.99 x | 0.55 x |
Day 4 -28-09-17 | N/A x | 0.86 | 2.60 x | 1.73 x |
Frequently Asked Questions about Mehai Technology Ltd IPO IPO
When will Mehai Technology Ltd IPO open for subscription?
The Mehai Technology Ltd IPO opens on 25 Sep, 2017 and closes on 28 Sep, 2017.
What is the investors portion for Mehai Technology Ltd IPO?
The investors' portion for QIB is x, NII is 0.86, and Retail is 2.60 x.
How to apply for Mehai Technology Ltd IPO?
You can apply for Mehai Technology Ltd 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 Mehai Technology Ltd IPO?
The issue size of Mehai Technology Ltd IPO is approx ₹15,00,000 Equity Shares of Rs 10 aggregating up to Rs 6.00 Cr crores.
What is the price band of Mehai Technology Ltd IPO?
The price band for Mehai Technology Ltd IPO is Rs 40 Per Equity Share to ₹undefined.
What is the lot size of Mehai Technology Ltd IPO?
The minimum bid (lot size) for Mehai Technology Ltd IPO is 3000 shares with an investment of approx Rs 1,20,000 .
What is the allotment date of Mehai Technology Ltd IPO?
The allotment date for Mehai Technology Ltd IPO is 5 Oct, 2017.
What is the listing date of Mehai Technology Ltd IPO?
The listing date for Mehai Technology Ltd IPO is expected to be 9 Oct, 2017.
What is the GMP of Mehai Technology Ltd IPO?
The latest Grey Market Premium (GMP) for Mehai Technology Ltd 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.