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Open
26 Feb to 1 Mar, 2019
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Close
26 Feb to 1 Mar, 2019
3
Allotment
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Listing
Tue, Mar 12, 2019
Price Band
₹32 per share
Issue Size
51,96,000 shares (agg. up to ₹17 Cr)
Lot Size
4,000 Shares
Listing Date
Tue, Mar 12, 2019
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.42x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Aug 2018 | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|---|
| Assets | 68.84 | 66.39 | 53.38 | 53.81 |
| Total Income | 64.72 | 140.78 | 107.83 | 104.40 |
| Profit After Tax | 2.54 | 4.29 | 1.22 | 1.12 |
| NET Worth | 25.15 | 22.61 | 15.77 | 14.68 |
| Reserves and Surplus | 11.10 | 15.58 | 14.67 | 13.43 |
| Total Borrowing | 33.67 | 36.42 | 32.82 | 34.42 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| B&B Triplewall Containers Ltd. | SME | ₹19.99 Cr | ₹36 | null | ₹39.50 | +9.72% | ₹215.52 (-2.62%) |
| Rajshree Polypack Ltd. | SME | ₹35.52 Cr | ₹120 | null | ₹116.60 | -2.83% | ₹22.26 (+1.14%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the Company | 12.87 |
| 2 | Issue related expenses | 1.25 |
| 3 | General corporate purposes | 2.50 |
About Mahip Industries IPO
Incorporated in 1995, Ahmedabad based Mahip Industries Limited is a company engaged in the manufacturing of packaging materials.The company's product portfolio includes Stagguard, Box, Corrugated Boxes, Corrugated Boxes with Partition, Corrugated Boxes With Lid, Printed Corrugated Boxes, Customized Corrugated Boxes, Laminated Corrugated Boxes, Bituminized corrugated boxes, Corrugated Cartons/Printed, Corrugated Cartons, Heavy Duty Corrugated Boxes, Multicolor Printed Cartons, Corrugated Sheets, Corrugated Paper Rolls, Auto Slot Boxes & Die Cut Boxes etc. The company has a facility with an installed capacity of 3500 tons per annum and intends to increase the existing capacity to 8352 tons in near future.Currently, the company does its business in Gujarat, through its network of dealer/distributor /agents. It also sells directly to the customers. It intends to enter and capture new markets in other states.It has 50 full-time employees on its payroll.Competitive Strengths of the Company-1. Over 2 decades of experience in the industry2. Varied product portfolio3. In- House logistic support+ Read More
Contact Details
Mahip Industries Ltd. AddressSurvey No.127, Jalalpur-GodhneshwarDholkaBagodara HighwayAhmedabad, Gujarat, 387810+91 - 79 - 4004 8788cs@careccl.comVisit Website