MEP Infrastructure Developers Ltd IPO (MEP Infrastructure IPO) Detail

Apr 21, 2015 - Apr 23, 2015

Incorporated in 2011, MEP Infrastructure Developers Ltd is engaged in tolling operations of the road infrastructure sector, with a pan-India presence. Company focus on pure toll collection projects as well as OMT projects, which involve maintenance obligations in addition to toll collection on operational roads (including highways) constructed by third parties.

They have completed 68 projects, with an aggregate of 122 toll plazas and 783 lanes, and have an overall experience of over 12 years in this business across 12 states in India. Some of the significant toll collection projects completed by them include project for collection of toll at:

1. Five Mumbai Entry Points where they currently operate an OMT contract pursuant to a re-award;
2. Chalthan toll plaza, Gujarat;
3. Toll plazas located at Ahmedabad, AUDA Ring Road, Nadiad, Anand and Vadodara on the Ahmedabad Vadodara Expressway, Gujarat;
4. Rajiv Gandhi Sea Link, Mumbai, Maharashtra;
5. Chirle toll plaza and Karanjade toll plaza, Maharashtra; and
6. Toll plazas on Hanumangarh, Kishangarh road, Rajasthan.

MEP Infra currently operate 23 toll collection projects with an aggregate of 40 toll plazas, five OMT projects covering 2,530.04 lane kilometres with an aggregate of 15 toll plazas and one BOT project covering 42.02 lane kilometres with five toll plazas. These ongoing projects are located across nine states in India.

Company Promoters:

The Promoters of the company are:

1. Dattatray P. Mhaiskar;
2. Jayant D. Mhaiskar; and
3. Ideal Toll & Infrastructure Pvt Ltd.

Company Financials:

ParticularsFor the year/period ended (in Rs. Million)
31-Oct-1431-Mar-1431-Mar-1331-Mar-1231-Mar-1131-Mar-10
Total Income11,415.1812,401.3413,020.6511,366.024,635.803,291.29
Profit After Tax (PAT)(981.58)(1,205.60)(929.38)(530.94)(815.29)(12.73)

Objects of the Issue:

The objects of the Issue are:

1. Repayment / pre-payment, in full or part, of certain loans availed by our Subsidiary, MIPL; and
2. General corporate purposes.

MEP Infrastructure IPO Details

IPO Opening DateApr 21, 2015
IPO Closing DateApr 23, 2015
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹63 to ₹65 per equity share
Market Lot225 Shares
Min Order Quantity225 Shares
Listing AtBSE, NSE
Issue Size162,569,191 Eq Shares of ₹10
(aggregating up to ₹324.00 Cr)

MEP Infrastructure IPO Lot Size

The MEP Infrastructure IPO market lot size is 225 shares. A retail-individual investor can apply for up to 13 lots (2925 shares or ₹190,125).

ApplicationLotsSharesAmount (Cut-off)
Minimum1225₹14,625
Maximum132925₹190,125

MEP Infrastructure IPO Subscription Status (Bidding Detail)

The MEP Infrastructure IPO is subscribed 1.11x times on Apr 23, 2015 19:00. The public issue subscribed 0.97x in the retail category, 1.02x in the QIB category, and 1.51x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

1.02x

NII

1.51x

RII

0.97x

Total

1.11x

MEP Infrastructure IPO Prospectus

MEP Infrastructure IPO Rating

339
3.3
Rating:Rated 3.3 stars

Vote Here ...

MEP Infrastructure IPO Listing Date

Listing DateWednesday, May 6, 2015
BSE Script Code539126
NSE SymbolMEP
Listing InB
ISININE776I01010
IPO Price₹63 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹63.00
₹63.00
₹55.45
₹63.50
₹60.95
8,949,853
NSE
₹63.00
₹65.00
₹52.80
₹65.00
₹58.40
17,012,497

MEP Infrastructure IPO Reviews / Ratings

Company Contact Information

MEP Infrastructure Developers Ltd
A 412, boomerang,
Chandivali Farm Road,
Andheri (East), Mumbai 400 072

Phone: (91 22) 6120 4800
Email: cs@mepinfra.com
Website: http://www.mepinfra.com

MEP Infrastructure IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: mep.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

MEP Infrastructure IPO FAQs

  1. What is MEP Infrastructure IPO?

    MEP Infrastructure IPO is a main-board IPO of 162,569,191 equity shares of the face value of ₹10 aggregating up to ₹324.00 Crores. The issue is priced at ₹63 to ₹65 per equity share. The minimum order quantity is 225 Shares.

    The IPO opens on Apr 21, 2015, and closes on Apr 23, 2015.

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. When MEP Infrastructure IPO will open?

    The MEP Infrastructure IPO opens on Apr 21, 2015 and closes on Apr 23, 2015.

  3. What is the lot size of MEP Infrastructure IPO?

    MEP Infrastructure IPO lot size is 225 Shares and the minimum order quantity is 225 Shares.

  4. How to apply for MEP Infrastructure IPO?

    You can apply in MEP Infrastructure 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.

  5. When MEP Infrastructure IPO allotment?

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

  6. When is MEP Infrastructure IPO listing date?

    The MEP Infrastructure IPO listing date is on Wednesday, May 6, 2015.

MEP Infrastructure IPO Message Board

Ranked Members  Ranked Members

Loading...
122. Septa |May 7, 2015 16:05
IPO Guru IPO Guru (4000+ Posts, 4500+ Likes)
As I said yesterday algorithm bid and offer was in work yesterday and today we saw big sell from credit sussie 1% of the total capital it is sick company avoid avoid
121. IPOANALYSIS |May 7, 2015 14:32
IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)
Sell sell this stock will reach 22 rs in 1 yr. Better to exit with small loss rather than auffer big loss. Instead buy vrl logistics which have good fundamental and bought bybig fund houses.
120. Carn Mohan |May 7, 2015 13:00
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
kabooter jaal may - - ?
119. Carn Mohan |May 7, 2015 10:51
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
sick company.
current rate is very high.
118. Nasirul Choudhury |May 6, 2015 15:40
Top Contributor Top Contributor (300+ Posts)
I won''t say it''s a bad listing.
118.1. Septa |May 6, 2015 22:52
IPO Guru IPO Guru (4000+ Posts, 4500+ Likes)
Looking at buyers and sellers spread of 320: 62000 was surprised with listing and not see a crash anyway looks like a algorithm buy and selling to keep the price from crashing. Anyway it a sick company so I see big crash soon
117. KJ |May 6, 2015 13:26
Stay Away from PNC as well
116. Regulagedda Ambica Prasad |May 6, 2015 12:56
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Allottees of MEP INFRA IPO started losing their shirts.
116.1. SONMAYA |May 6, 2015 15:25
Top Contributor Top Contributor (300+ Posts)
DEAR IPO RAJA,ALLOTTEES OF MEP INFRA IPO IS NOW GAINING THEIR SHIRTS... I DO NOT UNDERSTAND WHY ONE IS USING SUCH HARD WORDS.. JUST NOW MKT HAS TANKED NEARLY 600 POINTS SO WHAT ALL WHO IS HAVING INVESTMENT IN DIFFERENT STOCKS HAS STARTED LOOSING SHIRTS... BTW WHAT ABOUT U..?............ LET ME MAKE IT CLEAR I HAVE NOT APPLIED IN ..MEP...
115. gundu anna |May 6, 2015 12:47
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
One bad issue like MEP(full allotment) takes out money made is few good issues(few allotement)...

Stay away from highly priced or suspect issues...
114. IPO INV |May 6, 2015 11:24
NSE open price was 65
114.1. gundu anna |May 6, 2015 12:48
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
Some one lucky might have got that 2 Rs....
113. Vivi |May 6, 2015 10:56

Prev. Close 63.00
Open Price 63.00
Bid PRICE (QTY.)62.10 (325)
Offer PRICE (Qty.)63.00 (164,002)

164002 Shares offered for sale before open. 325 Shares bid to buy. Sure Shot to Crash.
112. IPO INV |May 6, 2015 10:49
Sold in 65
112.2. Umesh P Singh |May 6, 2015 14:08
Where U sold the shares at 65 becait opens in negative
112.3. IPO INV |May 6, 2015 16:12
NSE Open price was 65, i was lucky to sell in that price.
111. IPOANALYSIS |May 6, 2015 02:27
IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)
STOCK TO CRASH .

NEGATIVE EPS AND NEGATIVE p/e

tomorrow to hot lower circuit with all sellers.
stock to reach at 42 rs in 1 month and faie value of 22 rs in 1 year.

sell on opening if given a chance to minimize losses
110. pinkyjain |May 6, 2015 02:23
Mep indicative price 59
109. Carn Mohan |May 5, 2015 14:58
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
Retailes has allotted 100%
109.1. EBERAJU |May 5, 2015 23:48
final price per share?
108. Nasirul Choudhury |May 4, 2015 23:50
Top Contributor Top Contributor (300+ Posts)
MEP Infrastructure will be listing on on 6th ahead of it''s timeline. Goodluck subscribers.

http://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20150504-20
108.1. Maa Zaki |May 6, 2015 02:51
Thanks for advice NC ji

What about MEP should I go on listing day, I had not applied
It''''s a general enq - MEP Should not feel

How can reach you, don''t disclose your contact no
Zaki
108.2. Nasirul Choudhury |May 6, 2015 04:16
Top Contributor Top Contributor (300+ Posts)
Don''t even think. Promoters and especially the lenders are exploiting the opportunity of secondary market. As a thumb rule I never add a loss making company or companies with huge debts. A loss is always a loss that erodes shareholders wealth.
107. EBERAJU |May 4, 2015 20:56
Will there be premium or discount?
107.1. Mr. Singh |May 5, 2015 15:34
discount -
106. rajkumar mahto |May 1, 2015 23:08
when will MEP Infra IPO list
105. IPO INV |May 1, 2015 20:53
8th May
104. santosh kataria |May 1, 2015 10:40
listing date?
103. hemant garg chgh |Apr 23, 2015 23:44
Negatives has some positives also..otherwise all are not fools...one should evaluate both the aspects...

Many congratulation for successful completion of this first infra issue of this year...
103.5. Nasirul Choudhury |May 5, 2015 21:30
Top Contributor Top Contributor (300+ Posts)
Maa Zaki!

Buy this book and read in the specific order.

1. Stocks to Riches by Late Parag Parikh.
2. One Up On Wall Street by Peter Lynch.
3. Beating the Street by Peter Lynch.
4. Intelligent Investor by Benjamin Graham.
5. Value Investing & Behavioral Finance by Parag Parikh.
6. Security Analysis by Benjamin Graham

As I see you are long term investor. Will you still loose? Yes but loss will be less and your one or two pick in life for 20+ yrs will make it for all.
103.6. Maa Zaki |May 6, 2015 02:46
Thanks NC ji

What about MEP should I go on listing day, I had not applied
It''s a general enq - MEP Should not feel
Zaki







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App