MMP Industries Limited IPO (MMP Industries IPO) Detail

Mar 28, 2018 - Apr 4, 2018

Incorporated in 1973, MMP Industries Limited is a Nagpur, Maharashtra based company engaged in manufacturing of aluminium products. Company's aluminium product range includes pyro and flake aluminium powders, atomised aluminium powders, aluminium pastes, aluminium conductors (all aluminium, alloy aluminium and aluminium steel reinforced).

Aluminium powders (pyro, flake and atomised) are used in many industrial sectors like construction (AAC Blocks) and mining (Aluminised slurry explosives), agriculture (pesticides), defence (ammunition), fire crackers, railways (thermit portions) etc. Aluminium pastes are used in automotive, decorative and industrial paints. Aluminium Conductors are consumed by the power sector for laying of overhead transmission lines.

With over 3 decades of experience MMP Industries has developed in depth ability to understand process related problems and fine tuning of its products to suit customer needs.

Company Promoters:

Arun Bhandari is the Promoter of the Company. He holds 46,39,641 Equity Shares equivalent to 37.31% of the pre-issue, subscribed and paid-up Equity Share Capital of the Company.

Objects of the Issue:

The objects of the Net Proceeds of the Issue are:
1. Setting up a new facility for manufacturing of Atomised Aluminium Powder, Pyro and flake Aluminium Powder and Aluminium Foils
2. Prepayment or repayment of a portion of loan facilities availed by the Company
3. General Corporate Purposes

MMP Industries IPO Details

IPO Opening Date	Mar 28, 2018
IPO Closing Date	Apr 4, 2018
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹186 to ₹188 per equity share
Market Lot	600 Shares
Min Order Quantity	600 Shares
Listing At	NSE SME
Issue Size	4,500,000 Eq Shares of ₹10 (aggregating up to ₹84.60 Cr)

MMP Industries IPO Tentative Timetable

The MMP Industries IPO open date is Mar 28, 2018, and the close date is Apr 4, 2018. The issue may list on Apr 12, 2018.

IPO Open Date	Mar 28, 2018
IPO Close Date	Apr 4, 2018
Basis of Allotment Date	Apr 9, 2018
Initiation of Refunds	Apr 11, 2018
Credit of Shares to Demat Account	Apr 10, 2018
IPO Listing Date	Apr 12, 2018

MMP Industries IPO Lot Size

The MMP Industries IPO market lot size is 600 shares. A retail-individual investor can apply for up to 1 lots (600 shares or ₹112,800).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	600	₹112,800
Maximum	1	600	₹112,800

Useful articles about MMP Industries IPO

10 reasons to apply in MMP Industries NSE IPO opens on 28th March
MMP Industries Ltd Mega NSE SME IPO to Open Early 2018

MMP Industries IPO Subscription Status (Bidding Detail)

The MMP Industries IPO is subscribed 0.78x times on Apr 4, 2018 17:00. The public issue subscribed 0.66x in the retail category, in the QIB category, and 0.41x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
NII	0.41x
RII	0.66x
Total	0.78x

MMP Industries IPO Prospectus

› MMP Industries IPO DRHP
› MMP Industries IPO RHP

MMP Industries IPO Rating

129

3.6

Rating:

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MMP Industries IPO Listing Date

Listing Date	Thursday, April 12, 2018
BSE Script Code
NSE Symbol	MMP
Listing In
ISIN	INE511Y01018
IPO Price	₹188 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

	NSE SME
IPO Price:	₹188.00
Open:	₹190.00
Low:	₹190.00
High:	₹199.50
Last Trade:	₹199.50
Volume:	1,002,000

MMP Industries IPO Reviews / Ratings

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Company Contact Information

MMP Industries Limited
211, Shrimohini 345,
Kingsway, Nagpur 440 001

Phone: +91 712 252 4645/ 253 358
Email: companysecretary@mmpil.com
Website: http://www.mmpil.com/

MMP Industries 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

MMP Industries IPO Lead Manager(s)

Guiness Corporate Advisors Pvt Ltd

Lead Manager Reports

MMP Industries IPO FAQs

What is MMP Industries IPO?

MMP Industries IPO is a SME IPO of 4,500,000 equity shares of the face value of ₹10 aggregating up to ₹84.60 Crores. The issue is priced at ₹186 to ₹188 per equity share. The minimum order quantity is 600 Shares.

The IPO opens on Mar 28, 2018, and closes on Apr 4, 2018.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
When MMP Industries IPO will open?

The MMP Industries IPO opens on Mar 28, 2018 and closes on Apr 4, 2018.
What is the lot size of MMP Industries IPO?

MMP Industries IPO lot size is 600 Shares and the minimum order quantity is 600 Shares.
How to apply for MMP Industries IPO?

You can apply in MMP Industries 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.
When MMP Industries IPO allotment?

The finalization of Basis of Allotment for MMP Industries IPO will be done on Apr 9, 2018, and the allotted shares will be credited to your demat account by Apr 10, 2018. Check the MMP Industries IPO allotment status.
When is MMP Industries IPO listing date?

The MMP Industries IPO listing date is on Thursday, April 12, 2018.

MMP Industries IPO Message Board

Ranked Members

75. Umang and his ultrasonic uproar |Apr 12, 2018 11:03

IPO Mentor (500+ Posts, 500+ Likes)

Good support offered at 190, more than 4 lakh shares at 190.
Good support from L. M. Will not fall below 190 today.

Load more comments (4 replies)

75.5. sangameshwar |Apr 17, 2018 21:24

Thanks for reply...i have written to MMP and bigshare. please can you give me SEBI complaint email address.

75.6. Sanjaykolkata |Apr 26, 2018 11:14

Hi umang Sanjay here I know you must not be tracking jhandewala but it's buyers cease today at 55 do you have any idea if there is any news on jfl actually have 1lot at 80 and a bit confused should sell it or hold it

74. Hiteshji |Apr 13, 2018 11:45

Top Contributor (300+ Posts, 200+ Likes)

As earlier told, fundamentally good company for long term prospective, will gv you good returns.

73. NEMI CHAND AJMERA |Apr 12, 2018 09:16

Issue was big 84 cr.Retail applied for nearly 28 cr. All retailers alloted share. Today it must be watched to see price movement.If company today manage price stability then it may give moderate profits.Almost all including davya has recommended to subscribe.If price fall 30%in coming 7 days it must be added.

73.1. sangameshwar |Apr 12, 2018 20:17

I have applied for 1 lot under retail and I didnot get allotment. Any one did not receive allotment under retail category..What is the subscription under retail. Please tell me..Thanks in advance

72. Umang and his ultrasonic uproar |Apr 12, 2018 12:23

IPO Mentor (500+ Posts, 500+ Likes)

Surprised to see advitiya trade & orissa bengal is best performing sme's after macpower.

72.1. IPOANALYSIS |Apr 12, 2018 14:24

IPO Guru (1700+ Posts, 1300+ Likes)

Advitya trade rise is really surprising

71. Hiteshji |Apr 12, 2018 12:16

Top Contributor (300+ Posts, 200+ Likes)

From now onwards, SME EXCHANGER will decide about the circuit. If volume growing then price will go further. So for forthcoming ipo also same factor apply. Do please keep in mind before applying for new sme ipo.

70. IPOANALYSIS |Apr 12, 2018 11:08

IPO Guru (1700+ Posts, 1300+ Likes)

I think previous circuit of 20 pc was better.now with new rules its only 5 pc else it might have gone much higher

70.1. an Investor |Apr 12, 2018 11:28

Hi,
You mean now there will be only 5% UC/LC? I checked NSE site just now and it says there is no band:

Lower Price Band : No Band
Upper Price Band : No Band

70.2. IPOANALYSIS |Apr 12, 2018 11:52

IPO Guru (1700+ Posts, 1300+ Likes)

it is uc 5 pc see in mmp industries now. it is price discovery between 9:15 to 10 and then 5 pc circuit

same happened with avg logistics

i like mmp industries, avg logistic and SS INfrastructure as all 3 have potential to become big companies in future.
long term investors can buy all 3 and give in 1 year for decent profits

69. share blaster |Apr 12, 2018 11:43

sell 199.50 i book profit

68. share blaster |Apr 12, 2018 11:34

avg logitics , soni soya n mmp ye sbhi nse issue st 5pc me ku list ho rhe h
pls reply ser kya resaon h
n bse issue bi 5pc me llist honge kya

67. v for vendetta |Apr 12, 2018 11:10

Top Contributor (300+ Posts, 300+ Likes)

Good listing, congratulations to all who applied.

66. Hiteshji |Apr 12, 2018 11:05

Top Contributor (300+ Posts, 200+ Likes)

Flat to positive listing...now 195..those who applied get profit not loss. Keep for long term prospective.

65. Hiteshji |Apr 12, 2018 09:34

Top Contributor (300+ Posts, 200+ Likes)

All the best and have faith in your self as you hv subscribe for the ipo. You will definitely get good returns. After all there is no business without risk....????

64. sangameshwar |Apr 11, 2018 20:30

Hello friends, I applied MMP under retail..Retail is not fully subscribed. I didnot get allotment.

63. Hiteshji |Apr 11, 2018 20:26

Top Contributor (300+ Posts, 200+ Likes)

Yes it is stock mkt., but not for those who apply for listing gain, it is for long term purpose also, as i also mention earlier about AVG Log. listing. Those who alloted shares will earn 100% profit.

62. share blaster |Apr 11, 2018 15:59

good gmp hone k bad bi forum me negative listing ki bate ho rhi h frnds

61. NITESH SINGHAL |Apr 11, 2018 12:46

PLEASE TELL ME LSITING TIME OF MMP AND PREOPENING BID TIMING

60. Hiteshji |Apr 11, 2018 10:16

Top Contributor (300+ Posts, 200+ Likes)

Tomorrow listing with 20% upper circuit....????

60.1. share blaster |Apr 11, 2018 10:42

grey market premium bi gyab ho gya h

59. share blaster |Apr 11, 2018 10:42

itna confrm mat bolo hitesh ji ye stock market h kuch ni pta kya ho jaye

58. rikesh |Apr 10, 2018 22:38

On the last day of Subscription Market conditions is not well to subscribe this IPO that's why no one applied or deny the application. But those people who allotted the shares earns 22000 on listing day on upper circuit.
Salute there daring

57. Hiteshji |Apr 10, 2018 21:35

Top Contributor (300+ Posts, 200+ Likes)

20% circuit in upper end will gv you easily 22000 to earn. So 18000 is easily possible. And i think it will hit upper circuit on listing day......

56. JPR Boy |Apr 10, 2018 20:35

I got the allotment. Please advise what should i do

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