Macpower CNC Machines Ltd IPO

Closed

Subscription Details

  • Open Date 12 Mar
  • Close Date 14 Mar
  • Lot Size 1000
  • IPO Size ₹ 36.61 Cr
  • IPO Price Range ₹ 140
  • Min Investment ₹ 140000

Macpower CNC Machines Ltd IPO Timeline

Open Date
12 Mar
Close Date
14 Mar
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial public offer consisting of fresh issue of upto 26,15,000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 140 per equity share (the issue price) (including a share premium of Rs. 130 per equity share) aggregating up to Rs. 36.61 crores (the issue), of which upto 1,53,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 140/- per equity share, aggregating Rs. 2.14 crores 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 upto 24,62,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 10/- per equity share, aggregating Rs. 34.47 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 26.66% and 25.10% respectively of the fully diluted post issue paid up equity share capital of the company. Offer Price is Rs. 140 per equity share of face value of Rs. 10 each. The Offer price is 14 times the face value.

How to apply for an IPO?

  • Login to your 5paisa account 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 mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Macpower CNC Machines Ltd IPO

Contact Information

Address

Plot No 2234 Nr Krnati Gate,
GIDC Metoda Tal Lodhika,
Rajkot, Gujarat 360007

Macpower CNC Machines Ltd IPO Lead Manager

Pantomath Capital Advisors Pvt Ltd
Open Demat Account