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MRC Exim IPO is a fixed price issue of ₹4.50 crores. The issue is entirely a fresh issue of 0.30 crore shares of ₹4.50 crore.
MRC Exim IPO bidding started from Dec 6, 2017 and ended on Dec 8, 2017. The shares got listed on BSE SME on Dec 18, 2017.
MRC Exim IPO price is ₹15.00 per share .
the book running lead manager (Not declared yet) and Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue. The market maker of the company is Choice Equity Broking Pvt.Ltd..
Refer to MRC Exim IPO RHP for detailed Information.
| IPO Date | December 6, 2017 to December 8, 2017 |
| Listing Date | December 18, 2017 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹15 per share |
| Lot Size | |
| Sale Type | Fresh Capital |
| Total Issue Size | 30,00,000 shares (aggregating up to ₹4.50 Cr) |
| Reserved for Market Maker | 1,52,000 shares Choice Equity Broking Pvt.Ltd. (aggregating up to ₹0.2280 Cr) |
| Net Offered to Public | 28,48,000 shares (aggregating up to ₹4.27 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 74,20,900 shares |
| Share Holding Post Issue | 1,04,20,900 shares |
MRC Exim IPO offers total 30,00,000 shares. Out of which 14,24,000 (47.47%) allocated to NII, 14,24,000 (47.47%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,52,000 (5.07%) |
| NII (HNI) Shares Offered | 14,24,000 (47.47%) |
| Retail Shares Offered | 14,24,000 (47.47%) |
| Total Shares Offered | 30,00,000 (100.00%) |
MRC Exim IPO opens on December 6, 2017, and closes on December 8, 2017.
| IPO Open Date | Wed, Dec 6, 2017 |
| IPO Close Date | Fri, Dec 8, 2017 |
| Tentative Listing Date | Mon, Dec 18, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Dec 8, 2017 |
Incorporated in Oct 2015, MRC Exim Limited is Mumbai based company engaged in the business of trading of various industrial, metals and alloy products including iron and steel. MRC Exim is multi-product trading company with a diverse product portfolio.
The product portfolio of the company includes product such as GI Pipes, Insulators, Transmitter, Heat Exchangers, Conductors, Water Pumps, Graphite, Cobalt, Tungsten, Aluminum, Coil & Steel Pipe, D1 Tool Steel, D2 Tool Steel and Tool Steel HSD amongst others. MRC Exim serves the corporate and other clients from fabrication and manufacturing industry.
The Company MRC Exim 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 | Augmenting additional working capital requirements | 4.05 |
[Dilip Davda] Investors may give this highly priced issue with dismal performance a miss. (Avoid) Read detail review...
| Listing Date | December 18, 2017 |
| BSE Script Code | 540809 |
| NSE Symbol | |
| ISIN | INE333Y01017 |
| Final Issue Price | ₹15 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹15.00 |
| Open | ₹15.00 |
| Low | ₹12.00 |
| High | ₹15.00 |
| Last Trade | ₹12.50 |
MRC Exim Ltd.
106, Siddhesh Apartment, 2nd Khattar gali,
Thakurdwar Road,
Charni Road East,
Mumbai, Maharashtra, 400004
Phone: +91 22 2203 1638
Email: info@mrcexim.co.in
Website: http://www.mrcexim.co.in
Purva Sharegistry (India) Pvt.Ltd.
Phone: +91-022-23018261/ 23016761
Email: info@mrcexim.co.in
Website: https://www.purvashare.com/investor-service/ipo-query
MRC Exim IPO is a SME IPO of 30,00,000 equity shares of the face value of ₹10 aggregating up to ₹4.50 Crores. The issue is priced at ₹15 per share. The minimum order quantity is .
The IPO opens on December 6, 2017, and closes on December 8, 2017.
Purva Sharegistry (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in MRC Exim IPO using UPI as a payment gateway. Zerodha customers can apply in MRC Exim IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in MRC Exim IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The MRC Exim IPO opens on December 6, 2017 and closes on December 8, 2017.
MRC Exim IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in MRC Exim 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 MRC Exim IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the MRC Exim IPO allotment status.
The MRC Exim IPO listing date is on Monday, December 18, 2017.
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