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 DateAug 27, 2007 - Aug 30, 2007
Issue TypeBook Built Issue IPO
Issue Size17,640,750 Eq Shares of ₹10
(aggregating up to ₹52.92 Cr)
Face Value₹10 Per Equity Share
IPO Price₹27 to ₹30 Per Equity Share
Market Lot200 Shares
Min Order Quantity200 Shares
Listing AtBSE, NSE

Magnum Ventures IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum1200₹6,000
Maximum336600₹198,000

Magnum Ventures IPO Subscription Status (Bidding Detail)

Magnum Ventures IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Employee

Others

Total

Shares Offered

-

-

-

-

-

-

Aug 30, 2007 17:00

2.34x

3.92x

3.39x

2.95x

Magnum Ventures IPO Prospectus

Magnum Ventures IPO Rating

120
3.7
Rating:Rated 3.7 stars

Vote Here ...

Magnum Ventures IPO Listing Date

Listing DateThursday, September 20, 2007
BSE Script Code532896
NSE SymbolMAGNUM
Listing InB1
ISININE387I01016
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 FAQs

  1. 1. 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 price of the IPO is ₹27 to ₹30 Per Equity Share. The minimum order quantity is 200 Shares per application and the offer type is Book Built Issue.

    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.

  2. 2. When Magnum Ventures IPO will open?

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

  3. 3. How to apply for Magnum Ventures IPO?

    Magnum Ventures IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. 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.

  5. 5. When is Magnum Ventures IPO listing date?

    The Magnum Ventures IPO listing date is on Thursday, September 20, 2007, at BSE, NSE.
  6. 6. 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.

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Magnum Ventures IPO Review / Comments

COLIN
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
shivakumar
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
rams
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.
SM
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....
irfan
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
Ambu
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.
sanjaykavi
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
manu
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.
Rahul
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.
Jacob
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.
Pradeep
29. Pradeep  Sep 20, 2007 15:42
Can Any body told me that now Magnum go to 60 or not?
prasad
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
Gapoo
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,
NITIN A SHAH
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.
JK
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.
nilesh
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
MAHESH
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.
TIMTIM
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
Hitesh
21. Hitesh  Sep 18, 2007 17:41
Any one tell me listing date of Magnam.Its Urgent.
rakesh
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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