Incorporated in 2006, Mewar Hi-Tech Engineering Ltd is an ISO 9001:2008 certified company engaged in the manufacturing of heavy machines like crushers, mixers and industrial material handling equipments. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.Company's products are sold under the brand name "Kingson".
Based in Udaipur, Rajasthan company manufacture pre-engineering building sheds, cranes, sand machines, concrete mixture machines, batch mixing plants, RMC (ready-mix concrete) plants, industrial products for crushing plants, Double Toggle Grease/Oil Crusher, Single Toggle Grease Jaw Crusher, Vibrating Screen, Horizontal Shaft Impactor, Vertical Shaft Impactor and Cone Crusher and other crushing, screening and customized size reduction equipments. Visit chittorgarh.com for more detail.
The promoters of the comapany are:
1. Chattar Singh Rathore
2. Reena Rathore
The objects of the Issue are:
1. Working Capital requirements;
2. General Corporate Purposes;
3. Issue Expenses.
| IPO Opening Date | Sep 30, 2016 |
| IPO Closing Date | Oct 6, 2016 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹22 per equity share |
| Market Lot | 6000 Shares |
| Min Order Quantity | 6000 Shares |
| Listing At | BSE SME |
| Issue Size | 1,062,000 Eq Shares of ₹10 (aggregating up to ₹2.34 Cr) |
The Mewar Hitech Engineering market lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹132,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 6000 | ₹132,000 |
| Maximum | 1 | 6000 | ₹132,000 |
| Listing Date | Monday, October 17, 2016 |
| BSE Script Code | 540150 |
| NSE Symbol | |
| Listing In | M Group of Securities |
| ISIN | INE957U01011 |
| IPO Price | ₹22 per equity share |
| Face Value | ₹10 per equity share |
|
|
Mewar Hi-Tech Engineering Ltd
1, Hawa Magri,
Industrial Area,
Sukher, Udaipur - 313001
Phone: 0294-2440235
Email: investor@kingsoncrusher.com
Website: http://www.mewarhitech.com
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
Mewar Hitech Engineering is a SME IPO of 1,062,000 equity shares of the face value of ₹10 aggregating up to ₹2.34 Crores. The issue is priced at ₹22 per equity share. The minimum order quantity is 6000 Shares.
The IPO opens on Sep 30, 2016, and closes on Oct 6, 2016.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Mewar Hitech Engineering opens on Sep 30, 2016 and closes on Oct 6, 2016.
Mewar Hitech Engineering lot size is 6000 Shares and the minimum order quantity is 6000 Shares.
You can apply in Mewar Hitech Engineering 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 Mewar Hitech Engineering will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Mewar Hitech Engineering allotment status.
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NII and QIB have taken cream in this IPO.. Retail portion unsubscribed and retail investors'''' shares pocketed by NII and QIB for India''''s largest mattress manufacturer which is almost debt free, has high return on equity and has established position in the ever expanding consumer market... Jai Ho to brokerages saying the IPO is expensive..!!