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MMP Industries Limited IPO (MMP Industries IPO) Detail

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

Issue Detail:

  »»  Issue Open:
  »»  Issue Type: Book Built Issue IPO
  »»  Issue Size: 4,500,000 Equity Shares of Rs 10 aggregating up to Rs [.] Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs - Rs Per Equity Share
  »»  Market Lot:
  »»  Minimum Order Quantity:
  »»  Listing At: NSE SME

 

MMP Industries IPO Prospectus

MMP Industries IPO Rating

35
3.7
Rating:Rated 3.7 stars

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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
Email: companysecretary@mmpil.com
Website: http://www.mmpil.com/

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
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

MMP Industries IPO Lead Manager(s)

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MMP Industries IPO Review / Comments

avatar
2. Umang and his ultrasonic uproar  Feb 14, 2018 3:09:33 PM IST I Like It. | Report Abuse Reply
Why it is proposed??? Prospects looks good.
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1. trd  Jan 30, 2018 3:18:49 PM IST I Like It. | Report Abuse Reply
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