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April 16, 2018 - April 18, 2018

Mahickra Chemicals IPO FAQ

Mahickra Chemicals IPO Date & Price

The Mahickra Chemicals IPO opens on April 16, 2018 and closes on April 18, 2018.

Mahickra Chemicals IPO timetable / schedule is as below:
  • Bid/Offer Opens On: April 16, 2018
  • Bid/Offer Closes On: April 18, 2018
  • Finalization of Basis of Allotment: April 23, 2018
  • Initiation of refunds: April 24, 2018
  • Credit of Equity Shares: April 25, 2018
  • Listing Date: April 26, 2018

Mahickra Chemicals IPO price is set at ₹25 per equity share.

Mahickra Chemicals IPO will close for subscription at 5 PM on April 18, 2018. But most brokers stop accepting application between 1 PM to 3 PM.

The Mahickra Chemicals IPO starts on April 16, 2018. The issue ends on April 18, 2018.

Mahickra Chemicals IPO Issue Size and Subscription Status

The Mahickra Chemicals IPO size is 2100000 Equity Shares of ₹10 aggregating up to ₹5.25 Cr.

Mahickra Chemicals Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Mahickra Chemicals IPO shares through the banks (using ASBA) or through the broker (using UPI).

Mahickra Chemicals IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)996,000 Shares
Retail Individual Investor (RII)996,000 Shares
Employee Reservations0 Shares
Other Reservations108,000 Shares
Total Issue Size2,100,000 Shares

Mahickra Chemicals IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)22.42 times times
Retail Individual Investor (RII)9.88 times times
Employee Reservations times
Other Reservations times
Total Issue Size27.85 times times

Click here to check the Mahickra Chemicals IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Mahickra Chemicals IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Mahickra Chemicals IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Mahickra Chemicals IPO Allotment and Listing

The Mahickra Chemicals IPO allot status will be available online on April 23, 2018. Check the Mahickra Chemicals IPO Allotment Status here.

Click here to check Mahickra Chemicals IPO Allotment Status.

Mahickra Chemicals IPO listing Date is April 26, 2018. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Mahickra Chemicals IPO listing date and time is published by the exchange in a circular.

Click here to view the Mahickra Chemicals IPO Basis of Allotment.

It is hard to say at what price Mahickra Chemicals IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Mahickra Chemicals IPO shares will list on April 26, 2018 at NSE SME.

Mahickra Chemicals IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Mahickra Chemicals IPO which could help you with questions like Mahickra Chemicals IPO buy or not? You should also read Mahickra Chemicals IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Mahickra Chemicals IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Mahickra Chemicals IPO performance. The performance reports are available 1 day after listing.