Listed Price₹32.00
Listing Gain+0.00%
Price Band₹32
Lot Size4,000 shares
Min Bid₹1,28,000
SubscriptionTracking
Listed Market Snapshot
₹32.00Listed price from market data
+0.00%listing gain
Issue Amount
₹17 Cr
Listed Price
₹32.00
Current Price
₹22.12
Registrar
Bigshare Services Private Limited
Timeline•Fixed Price IPO
Open26 Feb 2019
Close01 Mar 2019
Allotment07 Mar 2019
Listing12 Mar 2019
Quota Reservation Portions
Market MakerPortion: 2,60,000 shares
5%HNIPortion: 24,68,000 shares
47.5%RetailPortion: 24,68,000 shares
47.5%Minimum Application Bracket Matrix
Retail1 lots / 4,000 shares
₹1,28,000HNI2 lots / 8,000 shares
₹2,56,000About the Company
Incorporated in 1995, Ahmedabad-based Mahip Industries Limited is engaged in manufacturing a wide range of packaging materials, including corrugated boxes, printed and laminated cartons, bituminized boxes, corrugated sheets, paper rolls, auto slot boxes, and die-cut boxes. The company operates a facility with an installed capacity of 3,500 tons per annum, with plans to expand to 8,352 tons. Mahip Industries currently conducts its business in Gujarat through a network of dealers, distributors, and agents, while also selling directly to customers, and aims to expand into new markets in other states. The company employs 50 full-time staff.
Company Promoters
Mr. Rajiv Govindram AgrawalRajiv Govindram Agarwal (HUF)
Lead Managers
Registrar
Bigshare Services Private Limited