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Mahabir Metallex Ltd IPO (Mahabir Metallex IPO) Detail

Mar 9, 2015 - Mar 12, 2015

Incorporated in 2003, Mahabir Metallex Ltd is engaged in the business of trading and distribution of steel products like TMT Bars, Rolled Products, Billets, Colour Coated Sheets, Steel strips/ Cold Rolled Strips, Round AngleChannels& Bars, Ingots and Steel Pipes and Tubes.

Company buy the material from various manufacturers and further sell and distribute the material to various consumers like real estate developers, capital goods manufacturers, scrap holding manufacturers etc on cash basis as well as on credit basis.

Company's product offerings includes ready to use steel, primarily re-bars to be used in construction activities in various Sector like roads, power plants, housing, bridges, metros, monorails etc.

Company Promoters:

The promoters of the company are:

1. Mrs. Anju Gupta
2. Mr. Manoj Gupta

Objects of the Issue:

The objects of the Issue are:

1. Long term working capital requirements and
2. Issue expenses.

Mahabir Metallex IPO Details

IPO Opening Date Mar 9, 2015
IPO Closing Date Mar 12, 2015
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹10 per equity share
Market Lot 10000 Shares
Min Order Quantity 10000 Shares
Listing At BSE SME
Issue Size3,900,000 Eq Shares of ₹10
(aggregating up to ₹3.90 Cr)

Mahabir Metallex IPO Lot Size

The Mahabir Metallex IPO market lot size is 10000 shares. A retail-individual investor can apply for up to 2 lots (20000 shares or ₹200,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 10000 ₹100,000
Maximum 2 20000 ₹200,000

Mahabir Metallex IPO Review

This at par SME offer is at higher P/E. Due to entry barriers, low preference for SME IPOs by the broking community at large. However, investors with surplus funds may invest at their own discretion for long term, bearing in mind that stock market investments are linked to market risks. The author has no plans to invest in this IPO.

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Mahabir Metallex IPO Prospectus

Mahabir Metallex IPO Rating

Rating:Rated 4.3 stars
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Mahabir Metallex IPO Listing Date

Listing Date Friday, March 27, 2015
BSE Script Code 539041
NSE Symbol
Listing In MT Group of Securities
ISIN INE369Q01017
IPO Price ₹10 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Mahabir Metallex Ltd
A-3, NDSE,
Part I, New Delhi,
Phone: +91 11 41070148

Mahabir Metallex IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Mahabir Metallex IPO Reviews / Ratings

Mahabir Metallex IPO FAQs

Mahabir Metallex IPO is a SME IPO of 3,900,000 equity shares of the face value of ₹10 aggregating up to ₹3.90 Crores. The issue is priced at ₹10 per equity share. The minimum order quantity is 10000 Shares.

The IPO opens on Mar 9, 2015, and closes on Mar 12, 2015.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Mahabir Metallex IPO opens on Mar 9, 2015 and closes on Mar 12, 2015.

Mahabir Metallex IPO lot size is 10000 Shares and the minimum order quantity is 10000 Shares.

You can apply in Mahabir Metallex 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.

The finalization of Basis of Allotment for Mahabir Metallex IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Mahabir Metallex IPO allotment status.

The Mahabir Metallex IPO listing date is on Friday, March 27, 2015.

Mahabir Metallex IPO Message Board

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1. DURAISWAMY |   Link |Mar 7, 2015 3:43:39 PM
DEAR INVESTORS .AMSONS APPARELS SME IPO was closed at 41% less than issue price on 5-3-2015