MMP Industries IPO Price Band, Market Lot, Dates, Allotment & Subscription Details

Table of Contents

MMP Industries Ltd incorporated in 1973 based in Nagpur, Maharashtra. The company is running their business from long time and they are manufacturer of aluminium products. The company has range of products which include pyro and flake aluminium powders, atomised aluminium powders, aluminium pastes, aluminium conductors (all aluminium, alloy aluminium and aluminium steel reinforced). The products mainly used in sectors like industrial, mining, agriculture, defence, fire crackers, railways, automotive, decorative and power. MMP Industries ipo is starting from 28 March and ends on 04 April. The price band is around Rs.186-188 with 600 market lot. The ipo size is around 84.60 crore rupees.

MMP IPO Listing Price: Click Here

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MMP Industries IPO Dates & Price Band:

  • IPO Open: 28 March 2018
  • IPO Close: 04 April 2018
  • IPO Size: Approx Rs 84.60 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.186-188 Per Equity Share
  • Listing on: NSE SME
  • Shares: 4,500,000
  • Retail Portion: 50%

IPO Market Lot:

  • Shares: Apply for 600 Shares (Minimum Lot Size)
  • Amount: Rs.1,12,800

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Financial Results:

Rs. in Crore
20132014201520162017
Revenues105122158181204
Expenses103118152169189
PAT(0.8)2.53.78.916.6

Grey Market Premium:

  • The grey market is around Rs.15000 Subject to Sauda.

MMP Industries IPO Subscription Status:

  • IPO Subscribed 1.09 times overall

MMP Industries IPO Allotment Status:

Company Promoters:

  • Arun Bhandari

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IPO Registrar:
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: [email protected]
Website: http://www.bigshareonline.com

IPO Lead Managers:

  • Guiness Corporate Advisors Pvt Ltd

Company Address:
MMP Industries Limited
211, Shrimohini 345,
Kingsway, Nagpur 440 001
Phone: +91 712 252 4645/ 253 358
Fax: +91 712 253 0461
Email: [email protected]
Website: http://www.mmpil.com/

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