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MMP Industries Limited IPO (MMP Industries IPO) Detail

Mar 28, 2018 - Apr 4, 2018

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.

Company Promoters:

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

MMP Industries IPO Details
Issue OpenMar 28, 2018 - Apr 4, 2018
Issue TypeBook Built Issue IPO
Issue Size4,500,000 Eq Shares of Rs 10
(aggregating up to Rs 84.60 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 186 - Rs 188 Per Equity Share
Market Lot600 Shares
Min Order Quantity600 Shares
Listing AtNSE SME
MMP Industries IPO Tentative Date / Timetable
Bid/Offer Opens OnMar 28, 2018
Bid/Offer Closes OnApr 4, 2018
Finalisation of Basis of AllotmentApr 9, 2018
Initiation of RefundsApr 11, 2018
Credit of Shares to Demat Acct:Apr 10, 2018
IPO Shares Listing Date:Apr 12, 2018

Useful articles about MMP Industries IPO

  1. 10 reasons to apply in MMP Industries NSE IPO opens on 28th March
  2. MMP Industries Ltd Mega NSE SME IPO to Open Early 2018

MMP Industries IPO Prospectus

MMP Industries IPO Rating

Rating:Rated 3.6 stars

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MMP Industries IPO Listing Date

  •   ›  Listing Date: Thursday, April 12, 2018
  •   ›  BSE Script Code:
  •   ›  NSE Symbol: MMP
  •   ›  Listing In:
  •   ›  ISIN: INE511Y01018
  •   ›  Issue Price: Rs 188 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

Issue Price:
Last Trade:
Issue Price:Rs 188.00
Open:Rs 190.00
Low:Rs 190.00
High:Rs 199.50
Last Trade:Rs 199.50

MMP Industries IPO Reviews / Ratings

Company Contact Information

MMP Industries Limited
211, Shrimohini 345,
Kingsway, Nagpur 440 001

Phone: +91 712 252 4645/ 253 358
Fax: +91 712 253 0461

MMP Industries IPO Registrar

Bigshare Services Pvt. Ltd   »  Report
   Bigshare Services Pvt Ltd E-2 & 3,
   Ansa Industrial Estate, Saki-Vihar Road,
   Sakinaka, Andheri(E), Mumbai - 400 072

Phone: 91-22-40430200
Fax: 91-22-2847 5207

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MMP Industries IPO Review / Comments

75. Umang and his ultrasonic uproar  Apr 12, 2018 10:03 I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
Good support offered at 190, more than 4 lakh shares at 190.
Good support from L. M. Will not fall below 190 today.
75.5. sangameshwar  Apr 17, 2018 20:24 I Like It. | Report Abuse
Thanks for reply...i have written to MMP and bigshare. please can you give me SEBI complaint email address.
75.6. Sanjaykolkata  Apr 26, 2018 10:14 I Like It. | Report Abuse
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
74. Hiteshji  Apr 13, 2018 10:45 I Like It. | Report Abuse
As earlier told, fundamentally good company for long term prospective, will gv you good returns.
73. NEMI CHAND AJMERA  Apr 12, 2018 08:16 I Like It. | Report Abuse
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.
73.1. sangameshwar  Apr 12, 2018 19:17 I Like It. | Report Abuse
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
72. Umang and his ultrasonic uproar  Apr 12, 2018 11:23 I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
Surprised to see advitiya trade & orissa bengal is best performing sme's after macpower.
72.1. IPOANALYSIS  Apr 12, 2018 13:24 I Like It. | Report Abuse
Advitya trade rise is really surprising
71. Hiteshji  Apr 12, 2018 11:16 I Like It. | Report Abuse
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 I Like It. | Report Abuse
I think previous circuit of 20 pc was with new rules its only 5 pc else it might have gone much higher
70.1. an Investor  Apr 12, 2018 10:28 I Like It. | Report Abuse
You mean now there will be only 5% UC/LC? I checked NSE site just now and it says there is no band:

Lower Price Band : No Band
Upper Price Band : No Band
70.2. IPOANALYSIS  Apr 12, 2018 10:52 I Like It. 2 | Report Abuse
it is uc 5 pc see in mmp industries now. it is price discovery between 9:15 to 10 and then 5 pc circuit

same happened with avg logistics

i like mmp industries, avg logistic and SS INfrastructure as all 3 have potential to become big companies in future.
long term investors can buy all 3 and give in 1 year for decent profits
69. share blaster  Apr 12, 2018 10:43 I Like It. | Report Abuse
sell 199.50 i book profit
68. share blaster  Apr 12, 2018 10:34 I Like It. | Report Abuse
avg logitics , soni soya n mmp ye sbhi nse issue st 5pc me ku list ho rhe h
pls reply ser kya resaon h
n bse issue bi 5pc me llist honge kya
67. v for vendetta  Apr 12, 2018 10:10 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Good listing, congratulations to all who applied.
66. Hiteshji  Apr 12, 2018 10:05 I Like It. | Report Abuse
Flat to positive 195..those who applied get profit not loss. Keep for long term prospective.
65. Hiteshji  Apr 12, 2018 08:34 I Like It. | Report Abuse
All the best and have faith in your self as you hv subscribe for the ipo. You will definitely get good returns. After all there is no business without risk....👍
64. sangameshwar  Apr 11, 2018 19:30 I Like It. | Report Abuse
Hello friends, I applied MMP under retail..Retail is not fully subscribed. I didnot get allotment.
63. Hiteshji  Apr 11, 2018 19:26 I Like It. | Report Abuse
Yes it is stock mkt., but not for those who apply for listing gain, it is for long term purpose also, as i also mention earlier about AVG Log. listing. Those who alloted shares will earn 100% profit.
62. share blaster  Apr 11, 2018 14:59 I Like It. 1 | Report Abuse
good gmp hone k bad bi forum me negative listing ki bate ho rhi h frnds
61. NITESH SINGHAL  Apr 11, 2018 11:46 I Like It. | Report Abuse
60. Hiteshji  Apr 11, 2018 09:16 I Like It. 1 | Report Abuse
Tomorrow listing with 20% upper circuit....👍
60.1. share blaster  Apr 11, 2018 09:42 I Like It. | Report Abuse
grey market premium bi gyab ho gya h
59. share blaster  Apr 11, 2018 09:42 I Like It. | Report Abuse
itna confrm mat bolo hitesh ji ye stock market h kuch ni pta kya ho jaye
58. rikesh  Apr 10, 2018 21:38 I Like It. 1 | Report Abuse
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
57. Hiteshji  Apr 10, 2018 20:35 I Like It. 1 | Report Abuse
20% circuit in upper end will gv you easily 22000 to earn. So 18000 is easily possible. And i think it will hit upper circuit on listing day......
56. JPR Boy  Apr 10, 2018 19:35 I Like It. | Report Abuse
I got the allotment. Please advise what should i do
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