Mehai Technology Ltd IPO

Closed

IPO Details

  • Open Date 25-Sep-17
  • Close Date 28-Sep-17
  • Lot Size 3000
  • IPO Size ₹ 6 Cr
  • IPO Price Range ₹ 40
  • Min Investment ₹ 120000
  • Listing Exchange -
  • Basis of Allotment TBA
  • Refunds TBA
  • Credit to Demat Account TBA
  • Listing Date TBA

IPO Synopsis

Public issue of 15,00,000 equity shares of face value of Rs. 10/- each fully paid up of Mehai Technology Limited (MTL or the company or the issuer) for cash at a price of Rs. 40/- per equity share (the issue price) (including a share premium of Rs. 30/- per equity share aggregating Rs. 6.00 Crores (the issue) by the company, of which 78,000 equity shares of Rs. 10/- each fully paid up will be reserved for subscription by market maker to the issue (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 14,22,000 equity shares of Rs. 10/- each fully paid up is hereinafter referred to as the net issue. The issue and the net issue will constitute 28.01% and 26.55% respectively of the 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. 40/- the issue price is 4.00 times the face value.

How to apply for 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 Mehai Technology Ltd IPO

Contact Information

B-40 Sudarshanpura Indl Are,
,
Jaipur, Rajasthan 302006

Mehai Technology Ltd IPO Lead Manager

SPA Capital Advisors Ltd

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