Mahickra Chemicals Ltd IPO

Closed

Subscription Details

  • Open Date 16 Apr
  • Close Date 18 Apr
  • Lot Size 6000
  • IPO Size ₹ 5.25 Cr
  • IPO Price Range ₹ 25
  • Min Investment ₹ 150000

Mahickra Chemicals Ltd IPO Timeline

Open Date
16 Apr
Close Date
18 Apr
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

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.

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 Mahickra Chemicals Ltd IPO

Contact Information

Address

Plot No 1209 Phase-3,
GIDC Vatva,
Ahmedabad, Gujarat 382445

Mahickra Chemicals Ltd IPO Lead Manager

Pantomath capital Advisors Pvt Ltd
Open Demat Account