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Home All IPOs Mahickra Chemicals Ltd. IPO

Mahickra Chemicals Ltd. IPO

NSE SME Bookbuilding IPO Fresh Capital Closed
GMP +₹0 +0% Est. Listing ₹25
Issue Price
₹25
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹25
GMP based
Lot Size
6,000
shares / lot
Min Amount
₹150,000
1 lot · 6,000 shares
Opens
16 Apr
Closed
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
16 Apr 2018
Mon Completed
Done
Close Date
18 Apr 2018
Wed Completed
Done
Allotment
23 Apr 2018
Mon Completed
Done
Refund
24 Apr 2018
Tue Completed
Done
Demat Credit
25 Apr 2018
Wed Completed
Done
Listing Date
26 Apr 2018
Thu Completed
UPI Deadline: 18 Apr 2018
Issue Details
Pricing & Size
Issue Price
₹25 Face ₹10
Lot Size
6,000 shares
Min Investment
₹150,000
Total Issue Size
21,00,000 shares (aggregating up to ₹5.25 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,08,000 (5.14%)
QIB Portion
-
NII / HNI
9,96,000 (47.43%)
Retail
9,96,000 (47.43%)
Employee
-
Net Offer to Public
19,92,000 shares (aggregating up to ₹4.98 Cr)
Shareholding Pattern
Pre-Issue Shareholding
51,34,160 shares
Post-Issue Shareholding
72,34,160 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 6,000 ₹1,50,000
HNI / NII 2 12,000 ₹3,00,000
Objects of Issue
2 objectives
1
1 Funding the working capital requirements of the Company
4.86 Cr
2
2 General Corporate Purpose
0.00 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd.
Market Maker
Pantomath Stock Brokers Pvt.Ltd.
IPO Timeline
Open
16 Apr
✓ Done
Close
18 Apr
✓ Done
Allotment
23 Apr
✓ Done
Listing
26 Apr
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
info@mahickra.com
Phone
079-25890811/25832692
Address
Plot No. 1209, Phase-3, GIDC Vatva, Ahmedabad, Gujarat, 382445
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹25
Est. Listing
₹25
Lot Size
6,000 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
GMP Updates
No GMP updates recorded yet. Every time the GMP changes, the date and time are saved here automatically.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB — — — —
NII / HNI (Total) — 9,96,000 (47.43%) — —
Retail Investors — 9,96,000 (47.43%) — —
Market Maker * 1× 1,08,000 (5.14%) 1,08,000 (5.14%) ₹2.70 Cr
Total ** — 21,00,000 (100.00%) — —
* Based on ₹25.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
9,96,000 (47.43%)
Retail
9,96,000 (47.43%)
Market Maker
1,08,000 (5.14%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Day-wise Subscription
Day-wise subscription (Day 1, Day 2 ...) will appear here once the IPO is open and bidding numbers are recorded.
Financial Summary
Amount in Lakhs
Metric31-Mar-1731-Mar-1631-Mar-15
Revenue4225.853478.824275.15
PAT35.2715.178.60
EBITDA———
Net Worth———
Total Assets2562.241817.891781.93
Reserves———
Borrowings———
About Mahickra Chemicals Ltd.

Incorporated in 1994, Gujarat based Mahickra Chemicals Limited is engaged in the business of manufacturing and trading of Reactive Dyes. The company manufactures 40 various types of Reactive Dyes. The products of the company cater to textiles & garments manufacturers. It also offers specialty performance chemicals to the Textile Dyeing and printing industry.

Mahickra has a production capacity of approx. 900 tons per annum. The manufacturing facility of the company is situated at Vatva GIDC in Gujarat. The facility is spread over 2 storeyed 700 sq. meters in area. It is an ISO 9001:2015, ISO 14001:2015 and GOTS certified company. The company had 18 employees on its payroll as on 31st January 2018.

Frequently Asked Questions
What is the issue price of Mahickra Chemicals Ltd. IPO?
The issue price of Mahickra Chemicals Ltd. IPO is ₹25 per share, face value ₹10.
What is the lot size?
Minimum lot size is 6,000 shares, requiring ₹150,000.
What are the IPO dates?
Opens 16 Apr 2018, closes 18 Apr 2018.
When is the listing date?
Tentative listing: 26 Apr 2018 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹25 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Mahickra Chemicals Ltd. IPO · Expected 23 Apr 2018

Check on Registrar
Post-IPO Timeline
Allotment Date
23 Apr 2018
Refund Initiation
24 Apr 2018
Demat Credit
25 Apr 2018
Listing Date
26 Apr 2018
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹25
Face ₹10
Lot Size
6,000
shares / lot
Min Amount
₹150,000
1 lot
Est. Listing
₹25
GMP +₹0
Key Dates
Open
16 Apr Done
Close
18 Apr Done
Listing
26 Apr Done
Registrar
Bigshare Services Pvt.Ltd.
A
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