FREE Account Opening + No Clearing Fees
Loading...

Madhav Copper Limited IPO (Madhav Copper NSE SME IPO) Detail

January 23, 2017 - January 27, 2017

Madhav Copper NSE SME IPO is a fixed price issue of Rs 4.48 crores.

Madhav Copper NSE SME IPO bidding started from January 23, 2017 and ended on January 27, 2017. The shares got listed on NSE SME on February 6, 2017.

Madhav Copper NSE SME IPO price is ₹81 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹129,600.

Pantomath Capital Advisors Pvt Ltd is the book running lead manager of the Madhav Copper NSE SME IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Madhav Copper NSE SME IPO Details

IPO Date January 23, 2017 to January 27, 2017
Listing Date February 6, 2017
Face Value ₹10 per share
Price ₹81 per share
Lot Size 1600 Shares
Total Issue Size553,600 shares
(aggregating up to ₹4.48 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME

Madhav Copper NSE SME IPO Lot Size

Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 1600 ₹129,600
Retail (Max) 1 1600 ₹129,600
Lot Size Calculator

About Madhav Copper Limited

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.

Objects of the Issue (Madhav Copper NSE SME IPO Objectives)

The object to the Issue is to fulfil Working Capital requirements and General Corporate Purpose.

Madhav Copper NSE SME IPO Review (Apply)

[Dilip Davda]  Issue appears to have been reasonably priced. Cash surplus investors may consider long term investment. Read detail review...

Madhav Copper NSE SME IPO Prospectus

Madhav Copper NSE SME IPO Rating

64
4.0
Rating:Rated 4.0 stars
Vote Here ...

Madhav Copper NSE SME IPO Listing Details

Listing Date February 6, 2017
BSE Script Code
NSE Symbol MCL
ISIN INE813V01014
Final Issue Price ₹81 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹81.00
₹90.50
₹85.00
₹97.20
₹93.80

Check IPO Performance…

Madhav Copper Limited Contact Details

Madhav Copper Limited
Plot No. 2107/D, Office No. 203,
2nd Floor, D&I Excelus,
Waghawadi Road, Bhavnagar, Gujarat 364001
Phone: +91 278 2221034
Email: investors@madhavcopper.com
Website: http://www.madhavcopper.com

Madhav Copper NSE SME IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: investor@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Madhav Copper NSE SME IPO - Buy or Not

Madhav Copper NSE SME IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

SME IPO Enquiry

SME Company Owners
We could help you get listed on the stock market.

Contact us Today

Check our SME IPO Guide New

Madhav Copper NSE SME IPO FAQs

Madhav Copper NSE SME IPO is a SME IPO of 553,600 equity shares of the face value of ₹10 aggregating up to ₹4.48 Crores. The issue is priced at ₹81 per share. The minimum order quantity is 1600 Shares.

The IPO opens on January 23, 2017, and closes on January 27, 2017.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Madhav Copper NSE SME IPO opens on January 23, 2017 and closes on January 27, 2017.

Madhav Copper NSE SME IPO lot size is 1600 Shares, and the minimum amount required is ₹129,600.

You can apply in Madhav Copper NSE SME IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Madhav Copper NSE SME IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Madhav Copper NSE SME IPO allotment status.

The Madhav Copper NSE SME IPO listing date is on February 6, 2017.
Open an Instant Account with Zerodha

Madhav Copper NSE SME IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Most Liked Members

Loading...

45 Comments

30. DURAISWAMY |   Link |  Bookmark |February 6, 2017 7:56:41 PM
Updates30-Jan-2017
Snowman Logistics Limited has informed the Exchange that the Company has signed a Memorandum of Understanding with The Government of Andhra Pradesh on January 28, 2017 at the 2nd Sunrise Andhra Pradesh Investment Meet & 23rd edition of CII Partnership Summit in connection with setting up of a temperature controlled warehouse at Sri City, a special economic zone located in Chittoor District, Andhra Pradesh involving an investment of approximately Rs.30 Crores. Snowman plans to build a 10000 pallet position multi-temperature cold storage in phased manner, starting with 5000 pallet positions in phase-I. The project will be financed mostly from internal accruals. The facility is expected to cater to the existing and upcoming food processing units
29. DURAISWAMY |   Link |  Bookmark |February 6, 2017 7:55:27 PM
SNOWMAN LOGISTICS Results 07-Feb-2017
Inter-alia, to approve the Unaudited Financial Results of the Company for the quarter and half year ended December 31, 2016.
28. Dharmesh bhai |   Link |  Bookmark |February 6, 2017 5:30:49 PM
Dmart 90/95 application 750/800
27. Mr.Manglani |   Link |  Bookmark |February 6, 2017 3:54:01 AM
100
27.1. Apex |   Link |  Bookmark |February 6, 2017 5:36:34 AM
Not possible as today''s circuit limit is up to 97.2 so it is not exceed circuit limit for today.
Enjoy happy and gainful listing.
26. alkesh shah |   Link |  Bookmark |February 3, 2017 4:21:11 PM
any premium of Madhav copper? what shoul open rate on monday?
25. Pavanparmar |   Link |  Bookmark |February 2, 2017 12:58:04 PM
..........?
24. VINIT MUNDRA |   Link |  Bookmark |February 2, 2017 7:05:53 AM
Very Bad allotment not got a single allotment. Lets see now how the listing happen!!But now sme participation has increased because of that reason the allotment has not got in demat.
23. Allan |   Link |  Bookmark |February 1, 2017 4:48:38 PM (200+ Posts)
I am new to SME Ipos....but im not sure why Chittorgarh does not put the Subscription figs like they do for Mainstream IPOs....Also Can this be bought and sold online? I understand one can buy it through Axis bank online, Lets say my demat account is in ICICI....will i receive the shares in my ICICI demat and more importantly can i sell online on ICICI....Members Please guide
23.2. Allan |   Link |  Bookmark |February 2, 2017 11:30:29 AM (200+ Posts)
Thanks @IPO hunter, I just spoke to an exec in ICICI bank and they say they do not support, which are the banks that support NSE and BSE.

Also where do I see subscription levels fr past SME IPOs
23.3. IPOHunter |   Link |  Bookmark |February 2, 2017 2:56:03 PM
Union Bank of India is one such bank who supports asba application for sme IPOs of NSE as well as BSE. RKSV supports trading in SME stocks. Dont know about others. You can find out by futher research.
Subscription figures can be had from comments section of IPO page of relevant IPO on Chittorgarh dot com.
22. M.Patel |   Link |  Bookmark |January 31, 2017 5:23:19 PM
Hello Sir,
When is the Allotment of Madhav Copper Ltd IPO
21. DarkHorse |   Link |  Bookmark |January 30, 2017 1:10:30 PM
@septa sir, Your views on Madhav copper?
20. lakshya agg |   Link |  Bookmark |January 30, 2017 11:31:22 AM
INTRADAY CAN BE DONE IN MADHAV COPPER?
19. IPO GRUP |   Link |  Bookmark |January 29, 2017 11:33:25 PM
Madhav copper ka GMP keya hy Bhavnagar me keya rate chal raha hy kostak ka??????
18. IPO GRUP |   Link |  Bookmark |January 29, 2017 11:30:36 PM
Madhav copper ka GMP keya hy Bhavnagar me keya rate chal raha hy kostak ka??????
17. IPO GRUP |   Link |  Bookmark |January 29, 2017 7:22:19 AM
now madhav gmp per share and kostak tradebal rate and volium
16. Mr.Manglani |   Link |  Bookmark |January 28, 2017 7:33:22 AM
MEJAR ME NE KAHA THA NA 19 PRIMEM HOGA
15. sam SUNIL |   Link |  Bookmark |January 27, 2017 9:01:32 PM
GMP ???
14. Gomzee |   Link |  Bookmark |January 27, 2017 4:46:33 PM
10 times subscribe....
13. Riyaz kathiwalaRK |   Link |  Bookmark |January 27, 2017 4:21:48 PM
You can apply with idbi bank
12. KARTHIKEYAN T |   Link |  Bookmark |January 27, 2017 8:49:42 AM
No . It cant be applied online in any bank a/c for sme shares.
Only manual application to the best of my knowledge.
12.1. rushabh mehta |   Link |  Bookmark |January 27, 2017 11:55:48 PM
You can apply online. BSE SME through state bank of India. Not sure about NSE SME
11. Sultan Mirza |   Link |  Bookmark |January 26, 2017 11:29:00 AM
Madhav Copper Limited subscription As on 25-Jan-2017 23:50:18 IST


Total Issue Size :      553600
Total Bids Received :      1139200
No. of times issue is subscribed :      2.06