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Open
16 Apr 2018
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Close
18 Apr 2018
3
Allotment
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Listing
Thu, Apr 26, 2018
Price Band
₹24 to ₹25
Issue Size
21,00,000 shares (agg. up to ₹5 Cr)
Lot Size
6,000 Shares
Listing Date
Thu, Apr 26, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 26.84x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 30.28 | 25.62 | 18.18 | 17.82 |
| Total Income | 4.34 | 42.26 | 34.79 | 42.75 |
| Profit After Tax | 0.02 | 0.35 | 0.15 | 0.09 |
| EBITDA | 3.30 | 2.97 | 2.51 | 2.55 |
| Reserves and Surplus | 1.63 | |||
| Total Borrowing | 6.60 | 6.64 | 5.96 | 5.41 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the Company | 4.86 |
| 2 | General Corporate Purpose | 0.00 |
About Mahickra Chemicals IPO
Incorporated in 1994, Gujarat based Mahickra Chemicals Limited is engaged in the business of manufacturing and trading of Reactive Dyes. The company manufactures 40 various types of Reactive Dyes. The products of the company cater to textiles & garments manufacturers. It also offers specialty performance chemicals to the Textile Dyeing and printing industry. Mahickra has a production capacity of approx. 900 tons per annum. The manufacturing facility of the company is situated at Vatva GIDC in Gujarat. The facility is spread over 2 storeyed 700 sq. meters in area. It is an ISO 9001:2015, ISO 14001:2015 and GOTS certified company. The company had 18 employees on its payroll as on 31st January 2018.+ Read More
Contact Details
Mahickra Chemicals Ltd. AddressPlot No.1209Phase-3GIDC VatvaAhmedabad, Gujarat, 382445079-25890811/25832692info@mahickra.comVisit Website