We can help you save between 60% to 90% brokerage fee & taxes. Contact us today...
Incorporated in 1973, MMP Industries Limited is a Nagpur, Maharashtra based company engaged in manufacturing of aluminium products. Company's aluminium product range includes pyro and flake aluminium powders, atomised aluminium powders, aluminium pastes, aluminium conductors (all aluminium, alloy aluminium and aluminium steel reinforced).
Aluminium powders (pyro, flake and atomised) are used in many industrial sectors like construction (AAC Blocks) and mining (Aluminised slurry explosives), agriculture (pesticides), defence (ammunition), fire crackers, railways (thermit portions) etc. Aluminium pastes are used in automotive, decorative and industrial paints. Aluminium Conductors are consumed by the power sector for laying of overhead transmission lines.
With over 3 decades of experience MMP Industries has developed in depth ability to understand process related problems and fine tuning of its products to suit customer needs.
Arun Bhandari is the Promoter of the Company. He holds 46,39,641 Equity Shares equivalent to 37.31% of the pre-issue, subscribed and paid-up Equity Share Capital of the Company.
Objects of the Issue:
The objects of the Net Proceeds of the Issue are: 1. Setting up a new facility for manufacturing of Atomised Aluminium Powder, Pyro and flake Aluminium Powder and Aluminium Foils 2. Prepayment or repayment of a portion of loan facilities availed by the Company 3. General Corporate Purposes
»» Issue Open: Mar 28, 2018 - Apr 4, 2018
»» Issue Type: Book Built Issue IPO
»» Issue Size: 4,500,000 Equity Shares of Rs 10 aggregating up to Rs 84.60 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 186 - Rs 188 Per Equity Share
»» Market Lot: 600 Shares
»» Minimum Order Quantity: 600 Shares
»» Listing At: NSE SME
Do you know you could reduce the brokerage cost significantly by moving to another stock broker? Our expert team compared top share brokers in India to help investors like you. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.
We can help you choosing the right broker. Contact us today...
Umang SIR, I have applied for 1 lot under retail and I didnot get allotment. Any one did not receive allotment under retail category..What is the subscription under retail. Please tell me..Thanks in advance.
Hi umang Sanjay here I know you must not be tracking jhandewala but it's buyers cease today at 55 do you have any idea if there is any news on jfl actually have 1lot at 80 and a bit confused should sell it or hold it
Issue was big 84 cr.Retail applied for nearly 28 cr. All retailers alloted share. Today it must be watched to see price movement.If company today manage price stability then it may give moderate profits.Almost all including davya has recommended to subscribe.If price fall 30%in coming 7 days it must be added.
From now onwards, SME EXCHANGER will decide about the circuit. If volume growing then price will go further. So for forthcoming ipo also same factor apply. Do please keep in mind before applying for new sme ipo.
70. IPOANALYSIS Apr 12, 2018 10:08:21 AM
| IPO Guru (1300+ Posts, 1000+ Likes)
I think previous circuit of 20 pc was better.now with new rules its only 5 pc else it might have gone much higher
On the last day of Subscription Market conditions is not well to subscribe this IPO that's why no one applied or deny the application. But those people who allotted the shares earns 22000 on listing day on upper circuit. Salute there daring