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Madhav Copper Ltd. IPO
NSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹81
Issue Price
₹81
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹81
GMP based
Lot Size
1,600
shares / lot
Min Amount
₹129,600
1 lot · 1,600 shares
Live Price
tap to chart
Allotment
Important Dates
3/3 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
23 Jan 2017
Mon Completed
Done
Close Date
27 Jan 2017
Fri Completed
TBA
Allotment
TBA
TBA
TBA
Refund
TBA
TBA
TBA
Demat Credit
TBA
TBA
Done
Listing Date
06 Feb 2017
Mon Completed
UPI Deadline: 27 Jan 2017
Issue Details
Pricing & Size
Issue Price
₹81 Face ₹10
Lot Size
1,600 shares
Min Investment
₹129,600
Total Issue Size
5,53,600 shares (aggregating up to ₹4.48 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
28,800 (5.20%)
QIB Portion
-
NII / HNI
2,62,400 (47.40%)
Retail
2,62,400 (47.40%)
Employee
-
Net Offer to Public
5,24,800 shares (aggregating up to ₹4.25 Cr)
Shareholding Pattern
Pre-Issue Shareholding
2,46,43,200 shares
Post-Issue Shareholding
2,71,42,800 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,600 ₹1,29,600
HNI / NII 2 3,200 ₹2,59,200
Objects of Issue
2 objectives
1
Working Capital Requirements
3.57 Cr
2
General Corporate Purpose
0.46 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd
Market Maker
Pantomath Stock Brokers Pvt.Ltd.
IPO Timeline
Open
23 Jan
✓ Done
Close
27 Jan
✓ Done
Allotment
TBA
Listing
06 Feb
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
investor@bigshareonline.com
Company Contact
Email
investors@madhavcopper.com
Phone
+91 278 2221034
Address
Plot No. 2107/D, Office No. 203, 2nd Floor, D&I Excelus, Waghawadi Road, Bhavnagar, Gujarat, 364001
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹81
Est. Listing
₹81
Lot Size
1,600 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Madhav Copper Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
Vol
Div
Yld
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| Price
Market Reference
IPO Issue Price
₹81
GMP
+₹0 (+0%)
GMP Est. Listing
₹81
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 2,62,400 (47.40%) ₹212.54 Cr
Retail Investors 2,62,400 (47.40%) ₹212.54 Cr
Total ** 5,53,600 (100.00%) ₹4,484.16 Cr
Market Maker * 28,800 (5.20%) ₹2.33 Cr
* Based on ₹81.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
2,62,400 (47.40%)
Retail
2,62,400 (47.40%)
Market Maker
28,800 (5.20%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.

Financial data not available

About Madhav Copper Ltd.

Madhav Copper Ltd (MCL) is engaged in the manufacturing and supply of enamelled copper wire and poly wrap submersible winding wire under the brand name ―Madhav Copper‖. MCL also offers enamelled, copper rod profile and poly-wrap submersible winding wires suitable for industry application in transformers, motors, alternators, contactors, and relays. Company’s product is also suitable for use in high speed coil winding machines. The copper conductors are manufactured from copper and insulated with high thermal class engineered insulation material, which provides dielectric properties and resistance to stress cracking.

The manufacturing facility of Madhav Copper Ltd is situated at Plot No. 5-B/B, Block No. 226-27, Survey No. 346-47, Near Kobdi, Ukharla, Talaja Road, Bhavnagar, Gujarat, India.

MCL is promoted by Nilesh Patel who has experience in LME copper trading and Rohitbhai Chauhan who has a decade of experience in the field of copper wire manufacturing.

Frequently Asked Questions
What is the issue price of Madhav Copper Ltd. IPO?
The issue price of Madhav Copper Ltd. IPO is ₹81 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,600 shares, requiring ₹129,600.
What are the IPO dates?
Opens 23 Jan 2017, closes 27 Jan 2017.
When is the listing date?
Tentative listing: 06 Feb 2017 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹81 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Madhav Copper Ltd. IPO

Check on Registrar
Post-IPO Timeline
Listing Date
06 Feb 2017
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹81
Face ₹10
Lot Size
1,600
shares / lot
Min Amount
₹129,600
1 lot
Est. Listing
₹81
GMP +₹0
Key Dates
Open
23 Jan Done
Close
27 Jan Done
Listing
06 Feb Done
Registrar
Bigshare Services Pvt.Ltd.
A
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