Magnum Ventures Limited IPO (Magnum Ventures IPO) Detail

Aug 27, 2007 - Aug 30, 2007

Incorporated in 1980, Magnum Ventures Limited (formerly Magnum Papers Limited) is in the business of trading and manufacturing paper. MVL has installed capacity of 85,000 MT per annum and manufacturing activities cover writing & printing paper, and duplex boards. Magnum has three manufacturing units located in Industrial Area, Sahibabad, Uttar Pradesh.

MVL is running successfully for 25 years and generating cash profits. The Company has registered a turnover of Rs. 8090.72 lakhs and PAT of Rs. 810.06 lakhs for the financial year 2005-06.

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital for
1. To modernize its production facilities of its Paper Unit II and III by technological upgradation including replacement of plant and machinery with regard to manufacturing of duplex board, writing and printing paper, and allied sections such as chemicals and Fibre Recovery Section, Recycling of Backward Sysytem etc., at a project cost of Rs 50 Crore ;
2. To venture into hospitality industry by setting up a 4 Star Business Hotel with 212 rooms, conference halls, food & beverages and other facilities, at a project cost of Rs. 102.63 crores.

Magnum Ventures IPO Details

IPO Opening Date	Aug 27, 2007
IPO Closing Date	Aug 30, 2007
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹27 to ₹30 per equity share
Market Lot	200 Shares
Min Order Quantity	200 Shares
Listing At	BSE, NSE
Issue Size	17,640,750 Eq Shares of ₹10 (aggregating up to ₹52.92 Cr)

Magnum Ventures IPO Lot Size

The Magnum Ventures IPO market lot size is 200 shares. A retail-individual investor can apply for up to 33 lots (6600 shares or ₹198,000).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	200	₹6,000
Maximum	33	6600	₹198,000

Magnum Ventures IPO Subscription Status (Bidding Detail)

The Magnum Ventures IPO is subscribed 2.95x times on Aug 30, 2007 17:00. The public issue subscribed 3.39x in the retail category, 2.34x in the QIB category, and 3.92x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
Total	2.95x

Magnum Ventures IPO Prospectus

› Magnum Ventures IPO DRHP
› Magnum Ventures IPO RHP

Magnum Ventures IPO Rating

120

3.7

Rating:

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Magnum Ventures IPO Listing Date

Listing Date	Thursday, September 20, 2007
BSE Script Code	532896
NSE Symbol	MAGNUM
Listing In	B1 Group of Securities
ISIN	INE387I01016
IPO Price	₹30 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE
₹30.00
₹36.95
₹36.95
₹66.70
₹48.70
29,102,872

NSE
₹30.00
₹36.80
₹35.70
₹66.90
₹49.40
29,659,387

Magnum Ventures IPO Reviews / Ratings

S P Tulsian - Avoid

Company Contact Information

Magnum Ventures Limited
Magnum Ventures Limited,
3/4326, Ansari Road,
Daryaganj, New Delhi - 110 002 India

Phone: 011 23262983
Email: ipo@magnumventures.in
Website: http://www.magnumventures.in

Magnum Ventures IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Magnum Ventures IPO Lead Manager(s)

SREI Capital Markets Ltd

Lead Manager Reports

Magnum Ventures IPO FAQs

What is Magnum Ventures IPO?

Magnum Ventures IPO is a main-board IPO of 17,640,750 equity shares of the face value of ₹10 aggregating up to ₹52.92 Crores. The issue is priced at ₹27 to ₹30 per equity share. The minimum order quantity is 200 Shares.

The IPO opens on Aug 27, 2007, and closes on Aug 30, 2007.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When Magnum Ventures IPO will open?

The Magnum Ventures IPO opens on Aug 27, 2007 and closes on Aug 30, 2007.
What is the lot size of Magnum Ventures IPO?

Magnum Ventures IPO lot size is 200 Shares and the minimum order quantity is 200 Shares.
How to apply for Magnum Ventures IPO?

You can apply in Magnum Ventures IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
When Magnum Ventures IPO allotment?

The finalization of Basis of Allotment for Magnum Ventures IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Magnum Ventures IPO allotment status.
When is Magnum Ventures IPO listing date?

The Magnum Ventures IPO listing date is on Thursday, September 20, 2007.

Magnum Ventures IPO Message Board

Ranked Members

39. COLIN |Nov 15, 2007 18:01

MAGNUM VENTURES LTD CURRENTLY TRADING AT (FLUCTUATING) RS 18.50-20 IS MUCH BELOW ITS IPO ALLOTMENT PRICE OF RS 30 HOWVR TO NOTE THAT THE STOCK HAS ALSO REACHED A HIGH OF RS 66.90 AND HAD BEEN OVERSUBSCRIBED.THIS COMPANY IS INTO PAPER MANUFACTURE BUT IS ALSO DIVERSIFYING INTO HOTEL INDUSTRY

38. shivakumar |Oct 21, 2007 22:58

im having magnum at 58 can i hold for shortterm or longterm or hav to sel pls tell

37. rams |Oct 5, 2007 19:39

Never buy junk stocks just beccz you made money or two times. Powergrid is a good buy below 95.

36. SM |Oct 1, 2007 11:00

I have purchased Magnum ventures ar 36.5 and after that it moved down upto 32.25. Should i hold this stock at 36.5. I mean is there any good chance of appreciation now....

35. irfan |Sep 26, 2007 14:42

Can anyone tell me at what price pgcil will list and for how many times i should hold it.I can hold maximum till november 15th.should i hold it or not.Pls guide me specially
gappoo

34. Ambu |Sep 21, 2007 00:14

Hi buddyz.
Good Stock to invest. Lot of Foreign investors pick the
stock. Incredible capacity of paper prodcution of
90000 TPA. Venturing into Hotel biz near Ashardham Temple, Delhi. Good results indeed last year. Huge return in long
term. Already tocuhes double the listing price. May test
new highs.

33. sanjaykavi |Sep 20, 2007 19:10

Dear all friends of forum/blog,and all rajas,
In this blog all grey market expers says that Magnum venture will list at discount or only at a premium of rs. 2 to 3 but today all have seen and all ballons of bogus talk burst.
Mere dosto please advice if u are strong else be quite but please do not misguide any one as many new commers are using this blog and make dicisons regarding investment in IPO.
I also request all readers of this blog not to make full trust on any comment and think your self and than go to invest your very important money otherwise u may have to loose your earning opportunity as well as chances to loose money.
SORRY FOR REAL GOOD ADVISORS And request for half knowledge advisors to once read this comment.
thanks for reading

32. manu |Sep 20, 2007 16:19

I am holding magnum at Rs 60. Will i get good profit if i
am holding this stock for 3 months.

31. Rahul |Sep 20, 2007 16:15

HI GUYS..
IT IS GOOD TO ENTER MAGNUM EVEN AT 55-60 LEVELS. FII ARE
KEEN IN INVESTING CERTAIN STOCKS THAT ARE IN GOOD
MOMENTUM. IT WILL SURE MOVE SURPRISINGLY.

TNX.

30. Jacob |Sep 20, 2007 16:11

What a stock yaar?? The prediction about the stock which
will open up with discounts from some media and
fundamentalists proved baseless. Good scope for paper
manufacturing in india. Venturing into other biz also will take this stock to new high around Rs 75 very soon.

29. Pradeep |Sep 20, 2007 15:42

Can Any body told me that now Magnum go to 60 or not?

28. prasad |Sep 20, 2007 13:42

thanks chittorgarh ipo , it really helps small investors, for ex. take thi magnum, money dobuled on listing day itslef. thanks a lot

27. Gapoo |Sep 20, 2007 11:03

hai chittorgarh team you were posting messages yourself and according to your knowledge you were best but i proved all of u wrong mind you, i have made fortune in sel mfg. co. and indo wind and read my last messages where i recommended to apply indo wind with megnum venture where " I told all the investor to apply furiously because there is definite operator interest and so called SEBI is mute spectator, I know how and when operator start doing things of their own, simple theory they cornered the third grade public issue by colluding with the Management and then sold at hefty premium, everybody is happy including those who applied in these 3rd grade issues. so preeti, priya, rishi did i make you happy today,

26. NITIN A SHAH |Sep 20, 2007 03:17

Any body tell me listing of power grid listing date and
also tell me allotment status.

25. JK |Sep 20, 2007 01:13

Magnum will open with a discount of Rs 5/- and will trade
between 25-32 levels. Book profit while on listing itself
if any.

24. nilesh |Sep 20, 2007 00:19

hi, in this bull phase we will see 40 in this counter tomorrow so be ready to buy

23. MAHESH |Sep 19, 2007 18:36

HI,
ANY INVESTOR APPIED MAGNUM IPO APLICATION THIS IPO LIST NSE AND BSE DATE 20-09-2007. I THOUGHT THIS IPO LIST 30 FV
AND PREMIUM 5 RS TO 6 RS . TOTAL 35 TO 36 RS.

22. TIMTIM |Sep 19, 2007 18:24

LISTING ON 20TH. SELL ONCE AFTER 30 MINT.OF LISTING, BUY DOUBLE. SELL
ALL AFTER 3 HOURS. RESULT= PROFIT 3 TIMES

21. Hitesh |Sep 18, 2007 17:41

Any one tell me listing date of Magnam.Its Urgent.

20. rakesh |Sep 14, 2007 17:44

any body received refund order of magnum venture ?
kindly let me know when we receive refund order of magnum ventures.

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