Manas Properties Ltd IPO

Closed

Subscription Details

  • Open Date 17 Mar
  • Close Date 22 Mar
  • Lot Size 300
  • IPO Size ₹ 39.96 Cr
  • IPO Price Range ₹ 360
  • Min Investment ₹ 108000

Manas Properties Ltd IPO Timeline

Open Date
17 Mar
Close Date
22 Mar
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public offer of 11,10,000 equity shares of Rs. 10/- each (equity shares) of Manas Properties Limited (MPL or the company) for cash at a price of Rs. 360 per share (the offer price), aggregating to Rs.39.96 crores (the offer) consisting of fresh isue of 1,50,000 equity shares aggregating to Rs.5.40 crores and an offer for sale of 9,60,000 equity shares by the selling shareholders aggregating to Rs.34.56 crores (offer for sale),of which 57,600 equity shares of Rs. 10/- each will be reserved for subscription by market makers to the offer (the market maker reservation portion). The offer less market maker reservation portion i.e. Offer of 10,52,400 equity shares of Rs. 10/- each is hereinafter referred to as the net offer. The offer and the net offer will constitute 26.68% and 25.29%, respectively of the post offer paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the offer price is 36 times of 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 Manas Properties Ltd IPO

Contact Information

Address

10th Floor Dev Plaza,
S V Road Andheri (West),
Mumbai, Maharashtra 400058

Manas Properties Ltd IPO Lead Manager

Aryaman Financial Services Ltd
Open Demat Account