Mehai Technology Ltd IPO (Mehai Technology IPO) Detail

Sep 25, 2017 - Sep 28, 2017

Incorporated in 2013, Mehai Technology Ltd is engaged into manufacturing of LED Bulbs, Fixtures, Moon Light Bulbs, Tubelights as well as assembling of Pen Drives and Power Banks.

They sell their products through a set of dealers / distributors who place their order and after receipt of order they cater to their markets. They majorly sell through online portals viz Flipkart, eBay, Amazon, Shopclues, PayTM etc.

They are in process of launching IC based LED bulbs, this will place their brand among reputed LED lighting manufacturers. They are also planning to manufacturing of Pen Drives in near term.

Company Promoters:

The promoters of the company are:

1. Mr.Sudhir Ostwal and
2. Ms. Shalini Jain

Objects of the Issue:

The objects of the Issue are:

1. To meet the working capital requirements of the Company;
2. General Corporate Purposes;
3. Issue Expenses.

Mehai Technology IPO Details

IPO DateSep 25, 2017 - Sep 28, 2017
Issue TypeFixed Price Issue IPO
Issue Size1,500,000 Eq Shares of ₹10
(aggregating up to ₹6.00 Cr)
Face Value₹10 Per Equity Share
IPO Price₹40 Per Equity Share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtBSE SME

Mehai Technology IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum13000₹120,000
Maximum13000₹120,000

Mehai Technology IPO Subscription Status (Bidding Detail)

Mehai Technology IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Employee

Others

Total

Shares Offered

-

-

-

-

-

-

Sep 28, 2017 17:00

Mehai Technology IPO Prospectus

Mehai Technology IPO Rating

21
2.6
Rating:Rated 2.6 stars

Vote Here ...

Mehai Technology IPO Listing Date

Listing DateMonday, October 9, 2017
BSE Script Code540730
NSE Symbol
Listing InM
ISININE062Y01012
IPO Price₹40 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹40.00
₹35.10
₹32.20
₹35.10
₹34.50
705,000

Mehai Technology IPO Reviews / Ratings

Company Contact Information

Mehai Technology Ltd
64, Thatha Muthiappan Street,
2nd Floor, Broadway,
Chennai – 600001

Phone: 044-43165050
Email: mehai.technology@gmail.com
Website: http://www.mehaitech.com

Mehai Technology 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

Mehai Technology IPO FAQs

  1. 1. What is Mehai Technology IPO?

    Mehai Technology IPO is a SME IPO of 1,500,000 equity shares of the face value of ₹10 aggregating up to ₹6.00 Crores.

    The issue price of the IPO is ₹40 Per Equity Share. The minimum order quantity is 3000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Sep 25, 2017 and closes on Sep 28, 2017.

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

  2. 2. When Mehai Technology IPO will open?

    The Mehai Technology IPO opens on Sep 25, 2017 and closes on Sep 28, 2017.

  3. 3. How to apply for Mehai Technology IPO?

    Mehai Technology 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 Mehai Technology IPO allotment?

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

  5. 5. When is Mehai Technology IPO listing date?

    The Mehai Technology IPO listing date is on Monday, October 9, 2017, at BSE SME.
  6. 6. What is the lot size of Mehai Technology IPO?

    Mehai Technology IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.

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Mehai Technology IPO Review / Comments

Eagle Eye Networks
3. Eagle Eye Networks  Oct 28, 2017 17:40
This message has been removed by a moderator.
drimran
2. drimran  Sep 19, 2017 15:33
avoid
drimran
1. drimran  Sep 19, 2017 15:33
avoid






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