Fixed Price IPO | ₹25 Cr | Listing at BSE, NSE | Mon, Mar 6, 2006 - Fri, Mar 10, 2006 P
Malu Paper Mills IPO is a fixed issue price of ₹25.00 crores. The issue is entirely a fresh issue of 0.83 crore shares of ₹25.00 crore.
Malu Paper Mills IPO bidding started from Mar 6, 2006 and ended on Mar 10, 2006.
Malu Paper Mills IPO is set final issue price at ₹30 per share.
Microsec Capital Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Malu Paper Mills IPO DRHP for detailed Information.
IPO Open
Mon, Mar 6, 2006
IPO Close
Fri, Mar 10, 2006
Issue Price
₹30 per share
Market Cap (Pre-IPO)
₹51.18 Cr
| IPO Date | 6 to 10 Mar, 2006 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price | ₹30 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 83,34,000 shares (agg. up to ₹25 Cr) |
| Reserved for Private Promoter | 16,67,000 shares (agg. up to ₹5 Cr) |
| Fresh Issue | 66,67,000 shares (agg. up to ₹20 Cr) |
| Net Offered to Public | 66,67,000 shares (agg. up to ₹20 Cr) |
| Share Holding Pre Issue | 87,25,250 shares |
| Share Holding Post Issue | 1,70,59,250 shares |
Malu Paper Mills IPO comprises a total issue size of 66,67,000 shares. The net offer to the public is 40,00,000 shares, after excluding 16,67,000 shares allotted on a firm basis and 10,00,000 shares under a preferential allotment. Of the Net offer 28,33,500 (50.00%) allocated to NII 28,33,500 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 28,33,500 | 50.00% | 42.50% |
| Retail Shares Offered | 28,33,500 | 50.00% | 42.50% |
| Preferential Reservations | |||
| Other Shares Offered | 10,00,000 | 15.00% | |
| Firm Reservations | |||
| Private Promoter Shares Offered | 16,67,000 | 25.00% | |
| Total Shares Offered | 66,67,000 | 100.00% | 100.00% |
Incorporated in January 1994, Malu Paper Mills Ltd. is a manufacturer of recycled paper products, including Kraft paper, newsprint, and writing/printing paper.
The company has a total capacity of approximately 90,000 TPA of Kraft paper and 50,000 TPA of newsprint/writing paper.
The company's Plants are located near Nagpur, Maharashtra, covering 140 acres, providing strong connectivity to regional markets.
The company operates three manufacturing units in Central India with a combined capacity of approximately 140,000 tonnes per annum (TPA).
As of March 2005, the company had 85 employees on the payroll of its existing plant.
Competitive Strength:
| Period Ended | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 | 31 Mar 2002 | 31 Mar 2001 |
|---|---|---|---|---|---|
| Assets | 14.34 | 11.10 | 9.27 | 7.68 | 3.83 |
| Total Income | 48.98 | 46.88 | 35.35 | 25.03 | 12.06 |
| Profit After Tax | 2.65 | 0.71 | 0.05 | -0.52 | 0.12 |
| NET Worth | 10.13 | 7.47 | 6.66 | 6.57 | 6.58 |
| Reserves and Surplus | 3.16 | 0.51 | 0.13 | 0.14 | |
| Amount in ₹ Crore | |||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of Newsprint of 150 TPD | 68.00 |
| 2 | Public Issue Expenses | 2.00 |
| Total | 70.00 |
| KPI | Mar 31, 2005 |
|---|---|
| RoNW | 26.13% |
| Price to Book Value | 1.15 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 3.03 | 1.55 |
| P/E (x) | 9.89 | 19.34 |
| Promoter Holding | 100% | 60.92% |
| Market Cap | ₹51.18 Cr. |
Lead Manager Reports
Malu Paper Mills IPO is a main-board IPO of 83,34,000 equity shares of the face value of ₹10 aggregating up to ₹25 Crores. The issue is priced at ₹30 per share. The minimum order quantity is .
The IPO opens on Mon, Mar 6, 2006, and closes on Fri, Mar 10, 2006.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Malu Paper Mills IPO using UPI as a payment gateway. Zerodha customers can apply in Malu Paper Mills IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Malu Paper Mills IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Malu Paper Mills IPO opens on Mon, Mar 6, 2006 and closes on Fri, Mar 10, 2006.
Malu Paper Mills IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Malu Paper Mills IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Malu Paper Mills IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Malu Paper Mills IPO allotment status.
The Malu Paper Mills IPO listing date is not yet announced. The tentative date of listing is .
