Market & News

graph-market IPO

Meson Valves India Ltd

Registered Office: # L-45 1st Flr Software Techno,-logy Park Verna Ind E Salcete, Verna - 403722, Goa, India.
Phone : 08322954198   Fax:
Email :  investor@mvi.ltd  
Website :  www.mvi.ltd

Initial public offering of 30,48,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Meson Valves India Limited ("MVIL" or "The Company" or "The Issuer") for cash at a price of Rs. 102/- per equity share (including a premium of Rs. 92/- per equity share) ("Issue Price") aggregating to Rs. 31.09 crores ("The Issue") of which 1,56,000 equity shares aggregating to Rs. 1.59 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 28,92,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 102/- per equity share aggregating to Rs. 29.50 croress ("Net Issue"). The issue and the net issue will constitute 30.00% and 28.46% of the post issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is 10.2 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
08-Sep-23 12-Sep-23 102.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 1200   Further Multiples of : 1200
  Rs Cr Lead Managers to the Issue
Project Cost 30.58 Shreni Shares Ltd
Project Financed through Current Offer 31.09  
Post Issue Equity Share Capital 10.16  
Issue Price 102.00  

Projects

  • Purchase of plant and machinery for setting up of Manufacturing unit
  • Funding working capital requirements
  • General corporate purposes

Promoted By

Brijesh Madhav Manerikar

Swaroop Raghuvir Natekar

Vivekanand Maruti Redekar

Listing At

BSE - SME

Registrar to the Issue

No Data Available

x
x
×
Let's Chat
close
refresh