Manorama Industries Ltd IPO

Closed

Subscription Details

  • Open Date 21 Sep
  • Close Date 25 Sep
  • Lot Size 600
  • IPO Size ₹ 64 Cr
  • IPO Price Range ₹ 188
  • Min Investment ₹ 112800

Manorama Industries Ltd IPO Timeline

Open Date
21 Sep
Close Date
25 Sep
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial public issue of 34,04,400 equity shares of face value of Rs. 10- each fully paid for cash at a price ofRs. 188 per equity share (the issue price) (including a share premium of Rs. 178 per equity share) aggregating Rs. 64** Crores (the issue). of which 1,71,000 equity shares of face value of Rs.10 for cash at a price of Rs. 188/- per equity share, aggregating Rs. 3.21 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. net issue of 32,33,400 equity shares offace value of Rs. 10/- each for cash at a price of Rs.188/- per equity share, aggregating Rs. 60.79 Crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 30.59% and 29.06 Respectively of the fully diluted 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.188 and is 18.8 times the face value of the equity shares.

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 Manorama Industries Ltd IPO

Contact Information

Address

Office No 403 4 Th Floor,
Midas Kurla Road Andheri East,
Mumbai, Maharashtra 400059

Manorama Industries Ltd IPO Lead Manager

Pantomath Capital Advisors Pvt Ltd
Open Demat Account