Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Mohini Health IPO is a book build issue of ₹20.71 crores. The issue is entirely a fresh issue of 0.49 crore shares of ₹20.71 crore.
Mohini Health IPO bidding started from Feb 5, 2018 and ended on Feb 7, 2018. The allotment for Mohini Health IPO was finalized on Feb 12, 2018. The shares got listed on NSE SME on Feb 16, 2018.
Mohini Health IPO price band is set at ₹42.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an retail is ₹1,26,000 (3000 shares). The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹2,52,000.
Pantomath Capital Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The market maker of the company is Pantomath Stock Brokers Pvt.Ltd..
Refer to Mohini Health IPO RHP for detailed Information.
| IPO Date | February 5, 2018 to February 7, 2018 |
| Listing Date | February 16, 2018 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹ to ₹40 per share |
| Issue Price Final | ₹42 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 49,32,000 shares (aggregating up to ₹20.71 Cr) |
| Reserved for Market Maker | 2,49,000 shares Pantomath Stock Brokers Pvt.Ltd. (aggregating up to ₹0.9960 Cr) |
| Net Offered to Public | 46,83,000 shares (aggregating up to ₹19.67 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,33,03,900 shares |
| Share Holding Post Issue | 1,82,35,900 shares |
Mohini Health IPO offers total 49,32,000 shares. Out of which 23,31,000 (47.26%) allocated to QIB, 7,05,000 (14.29%) allocated to NII, 16,47,000 (33.39%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,49,000 (5.05%) |
| QIB Shares Offered | 23,31,000 (47.26%) |
| NII (HNI) Shares Offered | 7,05,000 (14.29%) |
| Retail Shares Offered | 16,47,000 (33.39%) |
| Total Shares Offered | 49,32,000 (100.00%) |
Mohini Health IPO opens on February 5, 2018, and closes on February 7, 2018.
| IPO Open Date | Mon, Feb 5, 2018 |
| IPO Close Date | Wed, Feb 7, 2018 |
| Tentative Allotment | Mon, Feb 12, 2018 |
| Initiation of Refunds | Wed, Feb 14, 2018 |
| Credit of Shares to Demat | Thu, Feb 15, 2018 |
| Tentative Listing Date | Fri, Feb 16, 2018 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Feb 7, 2018 |
Investors can bid for a minimum of 3,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹1,26,000 |
| Retail (Max) | 1 | 3,000 | ₹1,26,000 |
| HNI (Min) | 2 | 6,000 | ₹2,52,000 |
Incorporated in 2009, Mohini Health & Hygiene Ltd is Pithampur, MP based company engaged in the business of manufacturing and export of absorbent cotton and medical consumable products. Company owns in both domestic and international markets. Company's revenue from operations from domestic region is 44.77% and international market is 55.23%. Company exports its products majorly to countries such as Portland, Italy, Latvia, Russia, Spain and Greece.
Company was initially engaged in the business of dealing and processing of raw cotton, yarn and textile fabric. Company has now diversified in to health & hygiene sector.
Product Portfolio:
1. Absorbent Bleached Surgical Cotton
2. Absorbent Cotton Wool
3. Cotton Balls
4. Cotton Ear Buds
5. Cotton Zig Zag
The Company Mohini Health IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Repayment/ Prepayment of certain Secured Borrowings availed by the company | 8.00 |
| 2 | Funding the working capital requirements of the Company | 11.20 |
| 3 | General Corporate Purposes | 3.82 |
[Dilip Davda] <p>Considering reasonable pricing and the future prospects for this company, investment may be considered for short to long term.</p> Read detail review...
| Listing Date | February 16, 2018 |
| BSE Script Code | |
| NSE Symbol | MHHL |
| ISIN | INE450S01011 |
| Final Issue Price | ₹42 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹42.00 |
| Open | ₹50.40 |
| Low | ₹50.40 |
| High | ₹50.40 |
| Last Trade | ₹50.40 |
Mohini Health & Hygiene Ltd.
Plot no 109, Sector no 3,
Industrial Area,
Pithampur,
Dhar, Madhya Pradesh, 454774
Phone: +91 7292 426666
Email: cs@mohinihealthandhygiene.com
Website: http://www.mohinihealthandhygiene.com
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: mohini.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Mohini Health IPO is a SME IPO of 49,32,000 equity shares of the face value of ₹10 aggregating up to ₹20.71 Crores. The issue is priced at ₹42 per share. The minimum order quantity is 3000.
The IPO opens on February 5, 2018, and closes on February 7, 2018.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Mohini Health IPO using UPI as a payment gateway. Zerodha customers can apply in Mohini Health IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Mohini Health IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Mohini Health IPO opens on February 5, 2018 and closes on February 7, 2018.
Mohini Health IPO lot size is 3000, and the minimum amount required for application is ₹1,26,000.
You can apply in Mohini Health 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 Mohini Health IPO will be done on Monday, February 12, 2018, and the allotted shares will be credited to your demat account by Thursday, February 15, 2018. Check the Mohini Health IPO allotment status.
The Mohini Health IPO listing date is on Friday, February 16, 2018.
Useful Articles
RHP