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Mahip Industries Limited IPO (Mahip Industries IPO) Detail

Feb 26, 2019 - Mar 1, 2019

Incorporated in 1995, Ahmedabad based Mahip Industries Limited is a company engaged in the manufacturing of packaging materials.

The company's product portfolio includes Stagguard, Box, Corrugated Boxes, Corrugated Boxes with Partition, Corrugated Boxes With Lid, Printed Corrugated Boxes, Customized Corrugated Boxes, Laminated Corrugated Boxes, Bituminized corrugated boxes, Corrugated Cartons/Printed, Corrugated Cartons, Heavy Duty Corrugated Boxes, Multicolor Printed Cartons, Corrugated Sheets, Corrugated Paper Rolls, Auto Slot Boxes & Die Cut Boxes etc.

The company has a facility with an installed capacity of 3500 tons per annum and intends to increase the existing capacity to 8352 tons in near future.

Currently, the company does its business in Gujarat, through its network of dealer/distributor /agents. It also sells directly to the customers. It intends to enter and capture new markets in other states.

It has 50 full-time employees on its payroll.

Competitive Strengths of the Company-

1. Over 2 decades of experience in the industry
2. Varied product portfolio
3. In- House logistic support

Company Promoters:

The promoters of the company are Rajiv Govindram Agrawal
and Rajiv Govindram Agrawal HUF.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 6,638.06 5,338.20 5,357.69 5,053.27 4,225.99
Total Revenue 14,077.26 10,782.57 10,439.44 9,308.07 9,286.37
Profit After Tax 414.13 121.86 111.33 93.72 103.26

Objects of the Issue:

The objects of the issue are-

1. Funding the working capital requirements
2. General corporate purposes

Mahip Industries IPO Details

Issue OpenFeb 26, 2019 - Mar 1, 2019
Issue TypeFixed Price Issue IPO
Issue Size5,196,000 Eq Shares of Rs 10
(aggregating up to Rs 16.63 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 32 Per Equity Share
Market Lot4000 Shares
Min Order Quantity4000 Shares
Listing AtBSE SME

Mahip Industries IPO Promoter Holding

Pre Issue Share Holding89.60%
Post Issue Share Holding65.41%

Mahip Industries IPO Subscription Status (Bidding Detail)

Mahip Industries IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

2,468,000

2,468,000

4,936,000

Mar 1, 2019 19:49

1.53x

1.54x

1.54x

Mahip Industries IPO Prospectus

Mahip Industries IPO Rating

59
3.5
Rating:Rated 3.5 stars

Vote Here ...

Mahip Industries IPO Listing Date

Listing DateTuesday, March 12, 2019
BSE Script Code542503
NSE Symbol
Listing InMT
ISININE00CX01017
Issue PriceRs 32 Per Equity Share
Face ValueRs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE SME
Rs 32.00
Rs 32.00
Rs 32.00
Rs 33.60
Rs 33.60
1,508,000

Mahip Industries IPO Reviews / Ratings

Company Contact Information

Mahip Industries Limited
Survey No. 127, Jalalpur - Godhneshwar
Dholka - Bagodara Highway,
Ahmedabad - 387 810

Phone: +91 - 79 - 4004 8788
Email: cs@careccl.com
Website: http://www.mahipindustriesltd.in/

Mahip Industries 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

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Mahip Industries IPO Review / Comments

avatar
62. Team Chittorgarh.com  Mar 22, 2019 11:53 I Like It. | Report Abuse
Dear Sir,
Sorry, the Basis of allotment for Mahip IPO is not yet made public. We will publish it as soon as its available.

Thank you,

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avatar
61. Small Investor  Mar 22, 2019 11:29 I Like It. | Report Abuse
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
Dear Admin
You Forgot Upload Basis of Allotment of Mahip Industries
Why ?
avatar
60. RAJAKUMAR  Mar 13, 2019 10:37 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Dear Priyanka Meghwal
Your prediction is correct. Here after Hitesh Patel company we can apply. I saw pre open there is huge buying bid at 32. More than 12 lakh.
In sme sector only operator driven counter we must enter. But at the time of opening issue we can not predict at which counter operator comes.
avatar
60.1. Small Investor  Mar 13, 2019 11:36 I Like It. | Report Abuse
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
But Now Selling Pressure is Active on this counter
avatar
60.2. Small Investor  Mar 13, 2019 12:10 I Like It. | Report Abuse
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
Dear Rajakumar i sold my 2 lot of Deccan @ 116 and one lot also hold yet ( post issue buy lot )
avatar
59. RAJAKUMAR  Mar 13, 2019 10:38 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Dear Priyanka Meghwal
I applied one application it got refund.
avatar
58. Priyanka Meghwal  Mar 12, 2019 15:24 I Like It. | Report Abuse
Got a very good gain. Amazing listing. Told everyone about when everyone was talking negative about this company
avatar
57. Shubham Krishna Agarwal  Mar 12, 2019 14:38 I Like It. | Report Abuse
Gained 5% on listing sold @33.60
Thanks for your views all of you...
avatar
56. BIPUL KUMAR  Mar 12, 2019 09:47 I Like It. | Report Abuse
Kaha gya Tera S S.
avatar
56.1. Priyansh Agrawal  Mar 12, 2019 10:59 I Like It. 1 | Report Abuse
Sold 33.6
avatar
55. hajarimal prajapati  Mar 12, 2019 07:22 I Like It. | Report Abuse
Listing in discount possibe
avatar
54. Darsh ipo  Mar 11, 2019 22:57 I Like It. | Report Abuse
Listing 32.70 expected...
avatar
53. Priyansh Agrawal  Mar 8, 2019 14:39 I Like It. | Report Abuse
@PRIYANKA MEGHWAL ANY VIEWS ABOUT LISTING
avatar
53.1. Priyanka Meghwal  Mar 11, 2019 00:19 I Like It. 2 | Report Abuse
Yeah. Listing gain hoga. 2-3 % listing milega
avatar
52. Small Investor  Mar 9, 2019 14:33 I Like It. | Report Abuse
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
Listing may be same same of Anmol India ltd
Subscriptions bhi same same huwa h Anmol india k jese
after post listing selling pressure may be
sold on listing day in discover price
avatar
51. Shubham Krishna Agarwal  Mar 9, 2019 07:44 I Like It. | Report Abuse
A/c credit any idea of listing price plz-

CDSL: Credit in a/c through IPO/FPO for 4000-MAHIP INDUSTRIES-EQ on 08MAR
avatar
50. Hiteshji  Mar 9, 2019 06:15 I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Exit preopen, avoid big loss.
avatar
49. Priyansh Agrawal  Mar 8, 2019 14:42 I Like It. | Report Abuse
Respected admin plz update basic allotment
avatar
49.1. Team Chittorgarh.com  Mar 8, 2019 21:31 I Like It. | Report Abuse
Dear Sir,

We are still awaiting for basis of allotment document from registrar.

It should be available early next week.

Thank you,

Chittorgarh.com Admins

Common Sense Public Forum Rules

  • Do not post irrelevant messages or advertisements.
  • Treat other members with the respect. Avoid insult or personal attacks.
  • Do not post your personal information i.e phone number or email address.
avatar
48. BIPUL KUMAR  Mar 8, 2019 14:14 I Like It. | Report Abuse
Not get allotment.
avatar
47. TheLearner  Mar 8, 2019 10:24 I Like It. | Report Abuse
DISCOUNT LISTING IS CERTAIN. 10 PERCENT NEGATIVE HO SAKTA HAI
avatar
46. BIPUL KUMAR  Mar 7, 2019 22:05 I Like It. | Report Abuse
It will repeat history of worth peripherals and astron paper. Same segment company.
avatar
45. RAJAKUMAR  Feb 28, 2019 15:36 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Dear Small and Priyanka Meghwal
Hitesh Patel holding 11 lakh shares that is 7.83 per cent
Shall i invest in this counter. No idea reg HITESH PATEL
If i made profit in Kranti then i will go for it. But i made loss. So i think twice before applying.
Long term debt 13 and short term debt is 20 cr. total debt is 33 cr. Share Holder fund is 25 cr. So total debt equity ratio is 1.3 : 1
First day subscription is good.
Second and Third day is not encouraging.
What to do
avatar
45.1. Priyanka Meghwal  Mar 7, 2019 17:25 I Like It. | Report Abuse
May be you have made loss in Kranti but please see the corporate governance of compnay. It's been 4 trading session the company has great volume on daily basis. Further company regularly disclose their corporate announcement like Rajkot JV. And it's todays close is Rs 36.50. Further, please check SMC global has also disclosed its holding in SAST. I find the company good and it will give greater returns.
avatar
45.2. khushbir singh  Mar 7, 2019 18:28 I Like It. | Report Abuse
Dear Rajakumar ji, do you know at what price edurance ofs settled?
avatar
44. Priyansh Agrawal  Mar 7, 2019 16:28 I Like It. | Report Abuse
Dear vipul and priyanka meghwal any views about listing
avatar
43. Priyansh Agrawal  Mar 7, 2019 16:25 I Like It. | Report Abuse
Hajarimal discount 50000 mat kat dena



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