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Incorporated in 2009, Manomay Tex India Ltd (MTIL) is primarily engaged into manufacturing and sale of denim fabrics in domestic and international markets under "Manomay" brand. The denim manufactured by the company ranges from 9 to 14 Oz/Sq Yd with different blends of cotton, polyester etc. with foam and wet finish.
They are also focusing on suiting fabrics of different qualities as per the market demand. MTIL has recently ventured into international markets and at present their customer base is spread over different regions in India as well as in countries like Guatamela and Mexico.
The promoters of the company are:
1. Kailashchandra Laddha
2. Kantadevi Laddha
3. Maheshchandra Laddha
The object of the issue are:
1. Working Capital requirement;
2. General Corporate Purposes.
| IPO Opening Date | Mar 15, 2017 |
| IPO Closing Date | Mar 20, 2017 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹27 to ₹30 per equity share |
| Market Lot | 4000 Shares |
| Min Order Quantity | 4000 Shares |
| Listing At | BSE SME |
| Issue Size | 3,804,000 Eq Shares of ₹10 (aggregating up to ₹11.41 Cr) |
The Manomay Tex India IPO market lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹120,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹120,000 |
| Maximum | 1 | 4000 | ₹120,000 |
Cash surplus investors may consider investment for long term in Manomay Tex India BSE SME IPO. Read detail review...
The Manomay Tex India IPO is subscribed times on 3/20/2017 6:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|
| Listing Date | Tuesday, March 28, 2017 |
| BSE Script Code | 540396 |
| NSE Symbol | |
| Listing In | M Group of Securities |
| ISIN | INE784W01015 |
| IPO Price | ₹30 per equity share |
| Face Value | ₹10 per equity share |
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Manomay Tex India Ltd
32 Heera Panna Market,
Pur Road Bhilwara,
Bhilwara - 311001
Phone: +91 1482 246983
Email: ykladdha@hotmail.com
Website: http://www.manomaytexindia.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Manomay Tex India IPO is a SME IPO of 3,804,000 equity shares of the face value of ₹10 aggregating up to ₹11.41 Crores. The issue is priced at ₹27 to ₹30 per equity share. The minimum order quantity is 4000 Shares.
The IPO opens on Mar 15, 2017, and closes on Mar 20, 2017.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Manomay Tex India IPO opens on Mar 15, 2017 and closes on Mar 20, 2017.
Manomay Tex India IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.
You can apply in Manomay Tex India 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 Manomay Tex India IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Manomay Tex India IPO allotment status.
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