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Mitsu Chem Plast Ltd (MCPL) is an ISO 9001:2008 and ISO TS/16494 (Unit - III) certified polymer based molded products manufacturing company, engaged in the business of manufacturing and marketing of technically driven innovative products catering to growing industry segments like, Industrial Packaging Solutions, Lifestyle Products, Automotive Components, Healthcare Products, Infrastructure related products &Emergency Handling Solutions. MCPL's products are manufactured under brand 'Mitsu' and the same are sold to various intermediary companies who, after minor value additions and / or modifications supply to various Automobile companies.
The objects of the Offer are to achieve the benefits of listing the Equity Shares on the BSE SME Platform of BSE Ltd.
and to carry out the sale of upto 10,00,800 Equity Shares by the Selling Shareholders.
| IPO Opening Date | Aug 26, 2016 |
| IPO Closing Date | Aug 31, 2016 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹95 per equity share |
| Market Lot | 1200 Shares |
| Min Order Quantity | 1200 Shares |
| Listing At | BSE SME |
| Issue Size | 1,000,800 Eq Shares of ₹10 (aggregating up to ₹9.51 Cr) |
The Mitsu Chem Plast IPO market lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹114,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1200 | ₹114,000 |
| Maximum | 1 | 1200 | ₹114,000 |
Investors may consider investment for long term. The asking price is at a P/E of 17 plus against industry average of 22. Thus this IPO appears to have been priced reasonably. Read detail review...
| Listing Date | Friday, September 9, 2016 |
| BSE Script Code | 540078 |
| NSE Symbol | |
| Listing In | M Group of Securities |
| ISIN | INE317V01016 |
| IPO Price | ₹95 per equity share |
| Face Value | ₹10 per equity share |
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Mitsu Chem Plast Ltd
329, Gala Complex, 3rd Floor,
Din Dayal Upadhyay Marg,
Mulund (W), Mumbai - 400 080
Phone: 022 2592 0055
Email: investor@mitsuchem.com
Website: http://www.mitsuchem.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email:
Website: http://www.bigshareonline.com
Mitsu Chem Plast IPO is a SME IPO of 1,000,800 equity shares of the face value of ₹10 aggregating up to ₹9.51 Crores. The issue is priced at ₹95 per equity share. The minimum order quantity is 1200 Shares.
The IPO opens on Aug 26, 2016, and closes on Aug 31, 2016.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Mitsu Chem Plast IPO opens on Aug 26, 2016 and closes on Aug 31, 2016.
Mitsu Chem Plast IPO lot size is 1200 Shares and the minimum order quantity is 1200 Shares.
You can apply in Mitsu Chem Plast 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 Mitsu Chem Plast IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Mitsu Chem Plast IPO allotment status.
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