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Madhav Copper FPO IPO

SME27 Jan 202030 Jan 2020
Open
27 Jan 2020
Close
30 Jan 2020
3
Allotment
Listing
Thu, Feb 6, 2020
Price Band
₹100 to ₹102
Issue Size
24,99,600 shares (agg. up to ₹25 Cr)
Lot Size
1,200 Shares
Listing Date
Thu, Feb 6, 2020
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight

GMP Trend

16-01-20260Est. ₹+0%
15-01-20260Est. ₹+0%

Live Subscription

CategorySubscription (times)
Total1.54x

Restated Financials (₹ Cr.)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets16.968.4312.014.94
Total Income23.6835.6419.691.12
Profit After Tax0.580.660.35-0.43
NET Worth2.662.081.420.32
Reserves and Surplus1.160.58-0.08-0.43
Total Borrowing8.085.516.403.66
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Working Capital Requirements3.57
2General Corporate Purpose0.46

About Madhav Copper FPO

Incorporated in 2012, Gujarat based Madhav Copper Ltd (MCL) is engaged in the manufacturing and supply of copper bus bars, copper rods, strips, anodes, sections, enamelled copper wire, and poly wrap submersible winding wire. The copper material produced by the company is used in mechanical and electrical fields for power distribution, generation, transmission and electronic industries. The company also offers services to assist electrical winding designers in overcoming electrical equipment short-circuit problems and winding making. Madhav Copper Ltd follows the National and International standards such as IES, BS, JIS, NEMA, and ASTM. The manufacturing unit of MCL is situated at Bhavnagar, Gujarat. The company was listed on NSE Emerge in 2017 to raise funds for working capital requirements and improve brand image. Currently, the company has an Indian Railway project to supply copper products of various sizes and specifications. Key Strengths1. Quality products2. Manufacturing unit in Gujarat3. Long term client relationship $(document).ready(function(){ $('#dvStockQuotes').load('/newportal/stock_quotes_gadget.asp?b=MCL .div_stock_quotes', '', function(response, status, xhr) { if (s

Contact Details

Madhav Copper Ltd. AddressPlot No.2107/D, Office No.2032nd Floor, D&I ExcelusWaghawadi RoadBhavnagar, Gujarat, 364001+91 278 2221034investors@madhavcopper.comVisit Website