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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 ₹10
(aggregating up to ₹16.63 Cr)
Face Value₹10 Per Equity Share
Issue Price₹32 Per Equity Share
Market Lot4000 Shares
Min Order Quantity4000 Shares
Listing AtBSE SME

Mahip Industries IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum14000₹128,000
Maximum14000₹128,000

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 Price₹32 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE SME
₹32.00
₹32.00
₹32.00
₹33.60
₹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

Mahip Industries IPO FAQs

  1. 1. What is Mahip Industries IPO?

    Mahip Industries IPO is an SME initial public offering of 5,196,000 equity shares of the face value of ₹10 aggregating up to ₹16.63 Crores.

    The issue price of the IPO is ₹32 Per Equity Share. The minimum order quantity is 4000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Feb 26, 2019 and closes on Mar 1, 2019.

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

  2. 2. When Mahip Industries IPO will open?

    The Mahip Industries IPO opens on Feb 26, 2019 and closes on Mar 1, 2019.

  3. 3. How to apply for Mahip Industries IPO?

    Mahip Industries 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 Mahip Industries IPO allotment?

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

  5. 5. When is Mahip Industries IPO listing date?

    The Mahip Industries IPO listing date is on Tuesday, March 12, 2019, at BSE SME.

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Mahip Industries IPO Review / Comments

Team Chittorgarh.com
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,

Chittorgarh.comĀ Admins

Small Investor
61. Small Investor  Mar 22, 2019 11:29 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
Dear Admin
You Forgot Upload Basis of Allotment of Mahip Industries
Why ?
RAJAKUMAR
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.
Small Investor
60.1. Small Investor  Mar 13, 2019 11:36 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
But Now Selling Pressure is Active on this counter
Small Investor
60.2. Small Investor  Mar 13, 2019 12:10 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
Dear Rajakumar i sold my 2 lot of Deccan @ 116 and one lot also hold yet ( post issue buy lot )
RAJAKUMAR
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.
Priyanka Meghwal
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
Shubham Krishna Agarwal
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...
BIPUL KUMAR
56. BIPUL KUMAR  Mar 12, 2019 09:47 I Like It. | Report Abuse
Kaha gya Tera S S.
Priyansh Agrawal
56.1. Priyansh Agrawal  Mar 12, 2019 10:59 I Like It. 1 | Report Abuse
Sold 33.6
hajarimal prajapati
55. hajarimal prajapati  Mar 12, 2019 07:22 I Like It. | Report Abuse
Listing in discount possibe
Darsh ipo
54. Darsh ipo  Mar 11, 2019 22:57 I Like It. | Report Abuse
Listing 32.70 expected...
Priyansh Agrawal
53. Priyansh Agrawal  Mar 8, 2019 14:39 I Like It. | Report Abuse
@PRIYANKA MEGHWAL ANY VIEWS ABOUT LISTING
Priyanka Meghwal
53.1. Priyanka Meghwal  Mar 11, 2019 00:19 I Like It. 2 | Report Abuse
Yeah. Listing gain hoga. 2-3 % listing milega
Small Investor
52. Small Investor  Mar 9, 2019 14:33 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ 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
Shubham Krishna Agarwal
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
Hiteshji
50. Hiteshji  Mar 9, 2019 06:15 I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Exit preopen, avoid big loss.
Priyansh Agrawal
49. Priyansh Agrawal  Mar 8, 2019 14:42 I Like It. | Report Abuse
Respected admin plz update basic allotment
Team Chittorgarh.com
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.comĀ Admins

BIPUL KUMAR
48. BIPUL KUMAR  Mar 8, 2019 14:14 I Like It. | Report Abuse
Not get allotment.
TheLearner
47. TheLearner  Mar 8, 2019 10:24 I Like It. | Report Abuse
DISCOUNT LISTING IS CERTAIN. 10 PERCENT NEGATIVE HO SAKTA HAI
BIPUL KUMAR
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.
RAJAKUMAR
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
Priyanka Meghwal
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.
khushbir singh
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?
Priyansh Agrawal
44. Priyansh Agrawal  Mar 7, 2019 16:28 I Like It. | Report Abuse
Dear vipul and priyanka meghwal any views about listing
Priyansh Agrawal
43. Priyansh Agrawal  Mar 7, 2019 16:25 I Like It. | Report Abuse
Hajarimal discount 50000 mat kat dena



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