IPO

MIC Electronics Ltd IPO

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Public issue of 51,00,000 equity shares of Rs. 10 each for cash at a price of Rs.150/- per equity share aggregating to Rs.76.50 crores, (issue) comprising a fresh issue of 51,00,000 equity shares of Rs.10 each by MIC Electronics Limited (company or issuer). The issue would constitute 25.34 % of our fully diluted post issue paid-up equity capital. Issue Price is Rs.150/- per equity share of face value Rs.10/- The Issue price is 15 times of the face value

MIC Electronics Ltd IPO Subscription Details

Company

MIC Electronics Ltd

Issue Type

(Book Built Portion)

Open Date

30 Apr

Close Date

08 May

Offer Price

150.00

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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

MIC Electronics 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 MIC Electronics Ltd IPO

Company Contact Information

MIC Electronics Ltd IPO
A-4/II Electronic Complex,
Kushaiguda,
Hyderabad, Telangana 500062.

Phone: 91-040-27122222
Email: cs@mic.co.in

MIC Electronics Ltd IPO Register

Link Intime India Pvt Ltd

MIC Electronics Ltd IPO Lead Manager(s)

  • Edelweiss Capital Ltd

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