Saturday, September 23, 2017

Mehai Technology SME IPO Price Band, Market Lot & Dates Details

Mehai Technology IPO is going to hit the market on 25 September, Monday. Mehai Technology Ltd is Incorporated in 2013 and currently manufacturing products of LED bulbs, tube light housings set, high wattage smd power led, fixtures, moon light bulbs & more. They are also covering to produce pen drives and power banks. Mehai Technology is connected with nearest dealers / distributors to sell their products in Indian market. It is also selling their products in some online ecommerce websites like PayTM, Flipkart, Amazon, Shopclues, eBay, etc. Mehai Technology has good expand business plan with some new strategy and planning to process of launching IC based LED bulbs. Their 6W Downlight got good response in retail consumer market and R&D is planning to soon being able to manufacture USB pen drives.

IPO Review:
  • Apply for Listing Gain
Mehai Technology IPO Dates & Price Band:
  • IPO Open: 25 September 2017
  • IPO Close: 28 September 2017
  • IPO Size: Approx Rs 6.00 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs 40 Per Equity Share
  • Listing on: BSE SME
IPO Market Lot:
  • Shares: Apply for 3000 Shares (Minimum Lot Size)
  • Amount: Rs.1,20,000
Grey Market Premium:
  • The grey market is around N/A Subject to Sauda.
Subscription Status:
  • Adding Soon
Mehai Technology IPO Allotment Status:
Company Promoters:
  • Mr.Sudhir Ostwal and
  • Ms. Shalini Jain
Quick Links:
Red Herring Prospectus

IPO Registrar:
Bigshare Services Pvt Ltd E-2 & 3,
Phone: 91-22-40430200
Fax: 91-22-2847 5207

IPO Lead Managers:
  • SPA Capital Advisors Ltd
Company Address:
Mehai Technology Ltd
64, Thatha Muthiappan Street,
2nd Floor, Broadway,
Chennai – 600001
Phone: 044-43165050
Fax: 044-45004730