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MMP Industries IPO Details

IPO Open Mar 28, 2018
IPO Close Apr 4, 2018
IPO Price ₹188
Face Value ₹10
IPO Size ₹84.60 Cr
Listing At NSE SME
Lot Size 600
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MMP Industries IPO Date & Price

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

MMP Industries IPO timetable / schedule is as below:
  • Bid/Offer Opens On: Mar 28, 2018
  • Bid/Offer Closes On: Apr 4, 2018
  • Finalization of Basis of Allotment: Apr 9, 2018
  • Initiation of refunds: Apr 11, 2018
  • Credit of Equity Shares: Apr 10, 2018
  • Listing Date: Apr 12, 2018

MMP Industries IPO price is set at ₹188 per equity share.

MMP Industries IPO will close for subscription at 5 PM on Apr 4, 2018. But most brokers stop accepting application between 1 PM to 3 PM.

The MMP Industries IPO starts on Mar 28, 2018. The issue ends on Apr 4, 2018.

MMP Industries IPO Issue Size and Subscription Status

The MMP Industries IPO size is 4500000 Equity Shares of ₹10 aggregating up to ₹84.60 Cr.

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

MMP Industries IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)2,137,500 Shares
Retail Individual Investor (RII)2,137,500 Shares
Employee Reservations0 Shares
Other Reservations225,000 Shares
Total Issue Size4,500,000 Shares

MMP Industries IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)0.41 times times
Retail Individual Investor (RII)0.66 times times
Employee Reservations times
Other Reservations times
Total Issue Size0.78 times times

Click here to check the MMP Industries 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 MMP Industries 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 MMP Industries 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.

MMP Industries IPO Allotment and Listing

The MMP Industries IPO allot status will be available online on Apr 9, 2018. Check the MMP Industries IPO Allotment Status here.

Click here to check MMP Industries IPO Allotment Status.

MMP Industries IPO listing Date is Apr 12, 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 MMP Industries IPO listing date and time is published by the exchange in a circular.

Click here to view the MMP Industries IPO Basis of Allotment.

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

The MMP Industries IPO shares will list on Apr 12, 2018 at NSE SME.

MMP Industries 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 MMP Industries IPO which could help you with questions like MMP Industries IPO buy or not? You should also read MMP Industries 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.

MMP Industries 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 MMP Industries IPO performance. The performance reports are available 1 day after listing.