Incorporated in 2009, Manomay Tex India Ltd (MTIL) is primarily engaged into manufacturing and sale of denim fabrics in domestic and international markets under "Manomay" brand. The denim manufactured by the company ranges from 9 to 14 Oz/Sq Yd with different blends of cotton, polyester etc. with foam and wet finish.
They are also focusing on suiting fabrics of different qualities as per the market demand. MTIL has recently ventured into international markets and at present their customer base is spread over different regions in India as well as in countries like Guatamela and Mexico.
The promoters of the company are:
1. Kailashchandra Laddha
2. Kantadevi Laddha
3. Maheshchandra Laddha
The object of the issue are:
1. Working Capital requirement;
2. General Corporate Purposes.
»» Issue Open: Mar 15, 2017 - Mar 20, 2017
»» Issue Type: Book Built Issue IPO
»» Issue Size: 3,804,000 Equity Shares of Rs 10 aggregating up to Rs 11.41 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 27 - Rs 30 Per Equity Share
»» Market Lot: 4000 Shares
»» Minimum Order Quantity: 4000 Shares
»» Listing At: BSE SME
Manomay Tex India IPO Subscription Status tells if Manomay Tex India IPO subscribed or not. Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. Manomay Tex India IPO oversubscribed if bids are received for more shares than what is offered by the company.
|Number of Bids Received|
|As on Date & Time||QIB||NII||RII||Total|
|Shares Offered / Reserved|
|Day 1 - Mar 15, 2017 17:00 IST||196,000||200,000||40,000||436,000|
|Day 2 - Mar 16, 2017 18:00 IST||196,000||1,444,000||296,000||1,936,000|
|Day 3 - Mar 20, 2017 18:00 IST||228,000||4,656,000||8,544,000||13,428,000|
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