Fixed Price FPO | ₹23 Cr | Listed at BSE | Thu, Jan 31, 2008 - Wed, Feb 6, 2008
Manjushree Extrusions FPO is a fixed price issue of ₹23.07 crores. The issue is entirely a fresh issue of 0.51 crore shares of ₹23.07 crore.
Manjushree Extrusions FPO bidding started from Jan 31, 2008 and ended on Feb 6, 2008. The shares got listed on BSE on Feb 28, 2008.
Manjushree Extrusions FPO price is ₹45 per share. The lot size for an application is 150. The minimum amount of investment required by an individual investor (retail) is ₹6,750 (150 shares) (based on upper price). The lot size investment for sNII is 30 lots (4,500 shares), amounting to ₹2,02,500, and for bNII, it is 149 lots (22,350 shares), amounting to ₹10,05,750.
Centrum Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Manjushree Extrusions FPO RHP for detailed Information.
FPO Open
Thu, Jan 31, 2008
FPO Close
Wed, Feb 6, 2008
Issue Price
₹45 per share
Market Cap (Pre-IPO)
₹60.96 Cr
| IPO Date | 31 Jan to 6 Feb, 2008 |
| Listed on | Thu, Feb 28, 2008 |
| Face Value | ₹10 per share |
| Issue Price | ₹45 per share |
| Lot Size | 150 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price FPO |
| Listing At | BSE |
| Total Issue Size | 51,26,100 shares (agg. up to ₹23 Cr) |
| Fresh Issue | 51,26,100 shares (agg. up to ₹23 Cr) |
| Share Holding Pre Issue | 42,10,800 shares |
| Share Holding Post Issue | 1,35,47,700 shares |
| BSE Script Code | 532950 |
| ISIN | INE435H01015 |
Manjushree Extrusions FPO comprises a total issue size of 51,26,100 shares. Out of which, 25,63,050 (50.00%) allocated to NII 25,63,050 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| NII (HNI) Shares Offered | 25,63,050 | 50.00% | NA |
| Retail Shares Offered | 25,63,050 | 50.00% | 17,087 |
| Total Shares Offered | 51,26,100 | 100.00% |
Investors can bid for a minimum of 150 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹6,750 |
| Retail (Max) | 29 | 4,350 | ₹1,95,750 |
| S-HNI (Min) | 30 | 4,500 | ₹2,02,500 |
Incorporated in 1987, Manjushree Extrusions Limited (MEL) is in the business of manufacturing specialty plastic packaging products mainly containers and Jars for Multinational Companies in FMCG, Pharma, Food Processing and Agrochemical sectors.
The Equity Shares of the Company are already listed on Gauhati Stock Exchange (GSE), Calcutta Stock Exchange Association (CSE) and Ahmedabad Stock Exchange (ASE).
Manjushree Extrusions market its product under the brand names ‘POLYPET’, ‘DURAFLEX’ and ‘THERMOPET’. The major clients of the Company include Hindustan Lever, Nestle, Cadbury, Britannia, Glaxo Smith Kline, P&G, Coca Cola, Tata Tea, Goodricke Group, McLeod, Godrej, Nutrine, Wrigley’s, Parry’s, Heinz, P&G, Reckitt etc.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To expand and diversify its operations by setting up facilities for manufacture of Specialty Plastic Containers and PET Preforms. | 42.14 |
| 2 | To meet the Working Capital Margin requirement for the proposed project. | 8.70 |
| 3 | To meet the expenses of the issue | 2.86 |
| KPI | |
|---|---|
| RoNW | 20.25% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 68.28% | 42.44% |
| Market Cap | ₹60.96 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| Price Details | BSE |
|---|---|
| Final Issue Price | ₹45.00 |
| Open | ₹48.00 |
| Low | ₹47.00 |
| High | ₹66.00 |
| Last Trade | ₹52.70 |
Lead Manager Reports
Manjushree Extrusions FPO is a main-board FPO of 51,26,100 equity shares of the face value of ₹10 aggregating up to ₹23 Crores. The issue is priced at ₹45 per share. The minimum order quantity is 150.
The FPO opens on Thu, Jan 31, 2008, and closes on Wed, Feb 6, 2008.
Kfin Technologies Ltd. is the registrar for the FPO. The shares are proposed to be listed on BSE.
Zerodha customers can apply online in Manjushree Extrusions FPO using UPI as a payment gateway. Zerodha customers can apply in Manjushree Extrusions FPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Manjushree Extrusions FPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Manjushree Extrusions FPO opens on Thu, Jan 31, 2008 and closes on Wed, Feb 6, 2008.
Manjushree Extrusions FPO lot size is 150, and the minimum amount required for application is ₹6,750.
You can apply in Manjushree Extrusions FPO 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 Manjushree Extrusions FPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Manjushree Extrusions FPO allotment status.
The Manjushree Extrusions FPO listing date is on Thu, Feb 28, 2008.
