Incorporated in Oct 2015, MRC Exim Limited is Mumbai based company engaged in the business of trading of various industrial, metals and alloy products including iron and steel. MRC Exim is multi-product trading company with a diverse product portfolio.
The product portfolio of the company includes product such as GI Pipes, Insulators, Transmitter, Heat Exchangers, Conductors, Water Pumps, Graphite, Cobalt, Tungsten, Aluminum, Coil & Steel Pipe, D1 Tool Steel, D2 Tool Steel and Tool Steel HSD amongst others. MRC Exim serves the corporate and other clients from fabrication and manufacturing industry.
The promoters of the company are Mr Kirit Kumar Shah and Mr. Chandu K. Jain
The objects of the Net Proceeds of the Issue are:
1. Augmenting additional working capital requirements
Company believe that listing will enhance its corporate image and visibility of brand name. Company also believe
that it will receive the benefits from listing of Equity Shares on the SME Platform of BSE. It will also provide liquidity to the existing shareholders and will also create a public trading market for the Equity Shares of the Company.
»» Issue Open: Dec 6, 2017 - Dec 8, 2017
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 3,000,000 Equity Shares of Rs 10 aggregating up to Rs 4.50 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 15 Per Equity Share
»» Market Lot:
»» Minimum Order Quantity:
»» Listing At: BSE SME
MRC Exim IPO Subscription Status tells if MRC Exim IPO subscribed or not. Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. MRC Exim 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 - Dec 6, 2017 17:00 IST||-||168,000||1,400,000||1,568,000|
|Day 2 - Dec 7, 2017 17:00 IST||-||200,000||3,744,000||3,944,000|
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