Mahickra Chemicals IPO Price Band, Market Lot, Dates, Allotment & Subscription Details

Mahickra Chemicals Ltd incorporated in 1994 based in Ahmedabad, Gujarat. The company is one of the leading manufacturer and supplier of Dyestuffs. The company already doing good business in local market as well as the export business is in Sri Lanka, Bangladesh, Pakistan, Zimbabwe, Netherlands, South Africa, Russia, Italy, Turkey, USA, Indonesia and Korea via different merchant exporters. Mahickra Chemicals ipo is starting from 16 April and ends on 18 April. The price band is around Rs.24-25 with 6000 market lot. The ipo size is around 5.25 crore rupees.

IPO Review:

• Risky

Mahickra Chemicals IPO Dates & Price Band:

• IPO Open: 16 April 2018
• IPO Close: 18 April 2018
• IPO Size: Approx Rs 05.25 Crore
• Face Value: Rs.10 Per Equity Share
• Price Band: Rs.24-25 Per Equity Share
• Listing on: NSE SME
• Shares: 2,100,000
• Retail Portion: 50%

IPO Market Lot:

• Shares: Apply for 6,000 Shares (Minimum Lot Size)
• Amount: Rs.1,50,000

IPO Allotment & Listing:

• Basis of Allotment: 23-April-2018
• Refunds: 24-April-2018
• Credit to demat accounts: 25-April-2018
• Listing: 26-April-2018

Financial Results:

Rs. in Crore
	2013	2014	2015	2016	2017
Revenues	19.33	43.56	42.75	34.79	42.26
Expenses	19.21	43.31	42.59	34.56	41.75
PAT	0.09	0.17	0.09	0.15	0.35

Grey Market Premium:

• The grey market is around Rs.20000 Subject to Sauda.

Mahickra Chemicals IPO Subscription Status:

• IPO Subscribed 26.67 times overall

Mahickra Chemicals IPO Allotment Status:

• Click Here

Company Promoters:

• Miteshkumar Champaklal Gandhi
• Ashishkumar Champaklal Gandhi
• Komal Mitesh Gandhi

Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: [email protected]
Website: http://www.bigshareonline.com

IPO Lead Managers:

•  Pantomath Capital Advisors Pvt. Ltd.

Company Address:
Mahickra Chemicals Ltd
Plot No. 1209,Phase 3 GIDC, Vatva,
Ahmedabad: 382445, Gujarat, India
Fax: +91-79-2589 0811, + 91 – 79 – 2583 2692
Phone: + 91-9426647134 (Mr. Mitesh Gandhi),
+91-94260 85221 (Mr. Ashish Gandhi)
E-Mail: [email protected]
[email protected]
Website: www.mahakdyechem.com