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IPO Open | Sep 30, 2016 |
IPO Close | Oct 6, 2016 |
IPO Price | ₹22 |
Face Value | ₹10 |
IPO Size | ₹2.34 Cr |
Listing At | BSE SME |
Lot Size | 6000 |
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Publish by : Michigan Technological UniversityMewar Hi-Tech Engineering Ltd BSE SME IPO to open on Sep 30, 2016 and close for subscription on Oct 06, 2016. The company has decided price Rs 22. The equity shares of the company to be list at BSE SME.
Mewar Hi-Tech Engineering Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 1,062,000 Equity Shares of Rs 10 aggregating up to Rs 2.34 cr. The price band for the issue has been fixed at Rs 22.
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. Company's products are sold under the brand name 'Kingson'.
The issue opens on Sep 30, 2016 and closes for subscription on Oct 06, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.
The Mewar Hitech Engineering is proposed to open on Sep 30, 2016. The IPO application ends on Oct 6, 2016.
Retail investors can apply in the retail or non-institutional investor category from Sep 30, 2016 to Oct 6, 2016. The Mewar Hitech Engineering can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Mewar Hitech Engineering will open for subscription on Sep 30, 2016. The public issue will close on Oct 6, 2016.
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