MMP Industries Ltd IPO

Closed

Subscription Details

  • Open Date 28 Mar
  • Close Date 04 Apr
  • Lot Size 600
  • IPO Size ₹ 84.6 Cr
  • IPO Price Range ₹ 188
  • Min Investment ₹ 112800

MMP Industries Ltd IPO Timeline

Open Date
28 Mar
Close Date
04 Apr
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 45,00,000 equity shares of face value of Rs. 10.00 each of MMP Industries Limited (the company or the issuer) for cash at a price of Rs. 188 per equity share (issue price) (including a share premium of Rs. 178 per equity share) aggregating to Rs. 84.60 crores (the issue). of the issue, 2,25,000 equity shares aggregating to Rs. 4.23 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 42,75,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 188 per equity share aggregating to Rs. 80.37 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.57% and 25.24%, respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs.10 each and the issue price is Rs.188 is 18.80 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 MMP Industries Ltd IPO

Contact Information

Address

211 Shrimohini,
345 Kingsway,
Nagpur, Maharashtra 440001

MMP Industries Ltd IPO Lead Manager

Guiness Corporate Advisors Pvt Ltd
Open Demat Account