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Manaksia IPO is a book built issue of Rs 248.00 crores.
Manaksia IPO bidding started from December 17, 2007 and ended on December 19, 2007. The shares got listed on BSE, NSE on December 26, 2019.
Manaksia IPO price band is set at ₹140 to ₹160 per share. The minimum lot size for an application is 40 Shares. The minimum amount of investment required by retail investors is ₹6,400.
ICICI Securities Limited is the book running lead manager of the Manaksia IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Manaksia IPO RHP for detailed information.
IPO Date | December 17, 2007 to December 19, 2007 |
Listing Date | December 26, 2019 |
Face Value | ₹2 per share |
Price Band | ₹140 to ₹160 per share |
Lot Size | 40 Shares |
Total Issue Size | 15,500,000 shares (aggregating up to ₹248.00 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Investors can bid for a minimum of 40 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 | 40 | ₹6,400 |
Retail (Max) | 31 | 1240 | ₹198,400 |
Lot Size Calculator |
Incorporated in 1984, Manaksia Limited (formerly Hindusthan Seals Ltd.) manufactures value added metal products and metal packaging products. They have fifteen manufacturing units in India and three abroad; two in Nigeria and one in Ghana.
Manaksia Limited business can be categorized into metal products; packaging products; mosquito coils; and engineering and others. Metal products include aluminium alloy ingots, rolled sheets/coils, galvanized steel sheets/coils, color coated metal sheets and Sponge Iron. Packaging products comprise of ROPP caps, crown closures, plastic caps and metal containers.
The company was promoted by Basant Kumar Agrawal and Suresh Kumar Agrawal. Presently, Basant Kumar Agrawal is the Managing Director of the Company. It is headquartered in Kolkata, India, and its shares are listed on the Calcutta Stock Exchange.
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
1. Expansion of metals business by purchase of capital equipment;
2. Prepayment of certain term debt;
3. To meet the expenses of the Issue;
4. For General Corporate Purpose;
5. To meet the long term working capital requirements of the Company.
The Manaksia IPO is subscribed 8.98 times on December 19, 2007 5:00:00 PM. The public issue subscribed 5.09 times in the retail category, 13.70 times in the QIB category, and 2.73 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|
Listing Date | December 26, 2019 |
BSE Script Code | |
NSE Symbol | |
ISIN | |
Final Issue Price | ₹160 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE |
---|
₹160.00 |
₹200.00 |
₹161.55 |
₹248.70 |
₹168.10 |
NSE |
---|
₹160.00 |
₹175.30 |
₹161.70 |
₹212.00 |
₹167.70 |
Manaksia Limited
Bikaner Building, 3rd Floor,
8/1 Lal Bazar Street,
Kolkata 700001, India
Phone: +91-3322-210050
Email: info@manaksia.com
Website: http://www.manaksia.com
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: manaksia.ipo@intimespectrum.com
Website: https://linkintime.co.in/initial_offer/public-issues.html
Manaksia IPO is a main-board IPO of 15,500,000 equity shares of the face value of ₹2 aggregating up to ₹248.00 Crores. The issue is priced at ₹140 to ₹160 per share. The minimum order quantity is 40 Shares.
The IPO opens on December 17, 2007, and closes on December 19, 2007.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Manaksia IPO opens on December 17, 2007 and closes on December 19, 2007.
Manaksia IPO lot size is 40 Shares, and the minimum amount required is ₹6,400.
You can apply in Manaksia 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 Manaksia IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Manaksia IPO allotment status.
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