IPO

Mehai Technology Ltd IPO

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Public issue of 15,00,000 equity shares of face value of Rs. 10/- each fully paid up of Mehai Technology Limited (MTL or the company or the issuer) for cash at a price of Rs. 40/- per equity share (the issue price) (including a share premium of Rs. 30/- per equity share aggregating Rs. 6.00 Crores (the issue) by the company, of which 78,000 equity shares of Rs. 10/- each fully paid up will be reserved for subscription by market maker to the issue (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 14,22,000 equity shares of Rs. 10/- each fully paid up is hereinafter referred to as the net issue. The issue and the net issue will constitute 28.01% and 26.55% respectively of the post issue paid up equity share capital of the company The face value of the equity shares is Rs. 10/- each. The issue price is Rs. 40/- the issue price is 4.00 times the face value.

Mehai Technology Ltd IPO Subscription Details

Company

Mehai Technology Ltd

Issue Type

Fixed Price - SME

Open Date

25 Sep

Close Date

28 Sep

Offer Price

40.00

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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

Mehai Technology Ltd IPO Frequently Asked Questions

Stove Kraft Ltd, kitchen appliances manufacturer is coming up with its Initial public Offerings on January 25 with the public issue comprising a fresh issue size of ₹412.63Cr.

You can apply for the Stove Kraft IPO using any supported UPI apps. To Apply on 5paisa App follow the procedure mentioned above. For further details Click Here.

Stove Kraft IPO will open on January 25, 2021.

Stove Kraft IPO Lot size is 38 equity shares, that means you can apply for one lot consisting 38 equity shares.

Shares of Stove Kraft will be getting allotted on 02nd February,2021.

Stove Kraft Shares will be getting listed on 05 February, 2021.

Here is the minimum investment calculation of Stove Kraft IPO
Lot size – 38 * Issue Price ₹385 = ₹14,630
Hence the minimum investment amount required to invest in Stove Kraft IPO is ₹14,630. As per the maximum limit that is allowed by SEBI you can apply for 13 lots.

No, one bank account one IPO application is allowed.

Cut off Price for Stove Kraft IPO is ₹14,630


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Contact Details of Mehai Technology Ltd IPO

Company Contact Information

Mehai Technology Ltd IPO
B-40 Sudarshanpura Indl Are,
,
Jaipur, Rajasthan 302006.

Phone:
Email: mehai.technology@gmail.com

Mehai Technology Ltd IPO Register

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Mehai Technology Ltd IPO Lead Manager(s)

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