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Mahickra Chemicals Ltd IPO

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Initial public offer consisiting of fresh issue of upto 21,00,000 equity shares of face value of 10/- each fully paid (equity shares) of Mahickra Chemicals Limited (The Compay or The Issuer) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (the issue price) aggregating up to Rs. [*] crores (the issue) of which upto 1,08,000 equity shares of face value Rs. 10/- each for cash at a price of Rs. [*] per equity share, aggregating Rs. [*] will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 19,92,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*] per equity share, aggregating Rs. [*] is hereinafter refered to as the net issue. The issue and the net issue will constitute [*]% and [*]%, respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 24/- to Rs. 25/- per equity share of face value of Rs. 10 each. The Floor price is 2.4 times the face value and the cap price is 2.5 times the face value.

Mahickra Chemicals Ltd IPO Subscription Details

Company

Mahickra Chemicals Ltd

Issue Type

Book Building - SME

Open Date

16 Apr

Close Date

18 Apr

Offer Price

25.00

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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of Mahickra Chemicals Ltd IPO

Company Contact Information

Mahickra Chemicals Ltd IPO
Plot No 1209 Phase-3,
GIDC Vatva,
Ahmedabad, Gujarat 382445.

Phone: 91-079-25890811/25832692
Email: info@mahickra.com

Mahickra Chemicals Ltd IPO Register

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Mahickra Chemicals Ltd IPO Lead Manager(s)

  • Pantomath capital Advisors Pvt Ltd

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