Bookbuilding IPO | ₹21 Cr | Listed at NSE SME | Mon, Feb 5, 2018 - Wed, Feb 7, 2018
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 per share. The lot size for an application is 3,000. The minimum amount of investment required by an retail is ₹1,20,000 (3000 shares) (based on upper price). The minimum lot size for investment in 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 Open
Mon, Feb 5, 2018
IPO Close
Wed, Feb 7, 2018
Issue Price
₹42 per share
Market Cap (Pre-IPO)
₹76.59 Cr
| IPO Date | 5 to 7 Feb, 2018 |
| Listed on | Fri, Feb 16, 2018 |
| Face Value | ₹10 per share |
| Price Band | ₹[.] to ₹40 |
| Issue Price | ₹42 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 49,32,000 shares (agg. up to ₹21 Cr) |
| Reserved for Market Maker | 2,49,000 shares Pantomath Stock Brokers Pvt.Ltd. (agg. up to ₹0.9960 Cr) |
| Fresh Issue (Ex Market Maker) | 46,83,000 shares (agg. up to ₹20 Cr) |
| Net Offered to Public | 46,83,000 shares (agg. up to ₹20 Cr) |
| Share Holding Pre Issue | 1,33,03,900 shares |
| Share Holding Post Issue | 1,82,35,900 shares |
| NSE Symbol | MHHL |
| ISIN | INE450S01011 |
Mohini Health IPO comprises a total issue size of 49,32,000 shares. The net offer to the public is 46,83,000 shares, after excluding 2,49,000 shares allotted on a firm basis. Of the Net offer 23,31,000 (49.78%) are allocated to QIB, 7,05,000 (15.05%) allocated to NII 16,47,000 (35.17%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 23,31,000 | 49.78% | 47.26% |
| NII (HNI) Shares Offered | 7,05,000 | 15.05% | 14.29% |
| Retail Shares Offered | 16,47,000 | 35.17% | 33.39% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,49,000 | 5.05% | |
| Total Shares Offered | 49,32,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,000 shares and in multiples thereof.
| 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
| 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 | 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 |
The Mohini Health IPO is subscribed 22.3 times on February 7, 2018 5:00:00 PM (Day 3). The public issue subscribed 9.05 times in the retail category, [.] times in the QIB category, and 29.63 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 29.63 | 23,41,500 | 6,93,84,000 |
| Retail | 9.05 | 23,41,500 | 2,11,95,000 |
| Total | 22.3 | 46,83,000 | 10,44,09,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Bankers etc. | 3.00 |
| 2 | Regulatory fees | 0.10 |
| 3 | Marketing and Other Expenses | 0.40 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹42.00 |
| Open | ₹50.40 |
| Low | ₹50.40 |
| High | ₹50.40 |
| Last Trade | ₹50.40 |
Mohini Health IPO is a SME IPO of 49,32,000 equity shares of the face value of ₹10 aggregating up to ₹21 Crores. The issue is priced at ₹42 per share. The minimum order quantity is 3000.
The IPO opens on Mon, Feb 5, 2018, and closes on Wed, Feb 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 Mon, Feb 5, 2018 and closes on Wed, Feb 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 Thu, Feb 15, 2018. Check the Mohini Health IPO allotment status.
The Mohini Health IPO listing date is on Fri, Feb 16, 2018.
