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Madhav Copper Ltd.

Madhav Copper Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹81
₹81
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹81
Based on GMP
Min. Investment
₹129,600
1 lot × 1600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
23 Jan 2017
Close Date
27 Jan 2017
Allotment
02 Feb 2017
Listing Date
06 Feb 2017
Exchange
NSE SME
Price Band
₹81
Listing Price
See chart
Allotment Status
Price Band
₹81
Per share
Face Value
₹10 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
5,53,600 shares (aggregating up to ₹4.48 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹129,600
1 lot
Pre-IPO Holding
2,46,43,200 shares
Promoters
Post-IPO Holding
2,71,42,800 shares
Promoters
UPI Deadline
2017-01-27
Mandate
Anchor AllotmentSun, 22 Jan 2017
Basis of AllotmentThu, 02 Feb 2017
Refund InitiationFri, 03 Feb 2017
Demat CreditFri, 03 Feb 2017
Listing DayMon, 06 Feb 2017
UPI Mandate Deadline2017-01-27
Sale TypeFresh Capital
Net Offer to Public5,24,800 shares (aggregating up to ₹4.25 Cr)
Market Maker Quota28,800 shares (aggregating up to ₹0.2333 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Madhav Copper Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 27 Jan 2017.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
28,800
₹0.23
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
553,600
100% ₹4.48
IPO Shares Offered
Madhav Copper Ltd. IPO total issue size: ₹4.48 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 28,800 ₹0.23
5.20%
Total 553,600 ₹4.48
100.00%
* Based on upper price band ₹81 per share
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹81.00
Upper Band
Min Investment
₹129,600
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹259,200
Retail (Max — 13 Lots)1320,800₹1,684,800
S-HNI (Min — 14 Lots)1422,400₹1,814,400
B-HNI (Min — 68 Lots)68108,800₹8,812,800
* Issue Price ₹81 × Lot Size 1,600 shares
IPO Schedule
Anchor
22 Jan 2017
✓ Done
IPO Open
23 Jan 2017
✓ Done
IPO Close
27 Jan 2017
✓ Done
Allotment
02 Feb 2017
✓ Done
Refunds
03 Feb 2017
✓ Done
Demat Credit
03 Feb 2017
✓ Done
Listing Day
06 Feb 2017
✓ Done
Madhav Copper Ltd. — Live Price LIVE
₹81.00
INR · NSE
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Issue ₹81.00 Live Price
About Madhav Copper Ltd.
Madhav Copper Ltd (MCL) is engaged in the manufacturing and supply of enamelled copper wire and poly wrap submersible winding wire under the brand name ―Madhav Copper‖. MCL also offers enamelled, copper rod profile and poly-wrap submersible winding wires suitable for industry application in transformers, motors, alternators, contactors, and relays. Company’s product is also suitable for use in high speed coil winding machines. The copper conductors are manufactured from copper and insulated with high thermal class engineered insulation material, which provides dielectric properties and resistance to stress cracking.The manufacturing facility of Madhav Copper Ltd is situated at Plot No. 5-B/B, Block No. 226-27, Survey No. 346-47, Near Kobdi, Ukharla, Talaja Road, Bhavnagar, Gujarat, India.MCL is promoted by Nilesh Patel who has experience in LME copper trading and Rohitbhai Chauhan who has a decade of experience in the field of copper wire manufacturing.
Objects of the Issue
1
Working Capital Requirements
2
General Corporate Purpose
Madhav Copper Ltd. Financials (Amount in Rs Cr)
Revenue from Operations
N/A
FY 2022-23
N/A
FY 2023-24
N/A
FY 2024-25
Profit After Tax (PAT)
N/A
FY 2022-23
N/A
FY 2023-24
N/A
FY 2024-25
ParticularsFY 2024-25FY 2023-24FY 2022-23
Revenue from Operations N/A N/A N/A
EBITDA N/A N/A N/A
Profit After Tax (PAT) N/A N/A N/A
Net Worth N/A N/A N/A
Total Assets N/A N/A N/A
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Financial data will be published once DRHP/RHP is filed with SEBI.
Issue Structure & Shareholding
Total Shares Offered5,53,600 (100.00%)
Net Offer to Public5,24,800 shares (aggregating up to ₹4.25 Cr)
Reserved for Market Maker28,800 shares (aggregating up to ₹0.2333 Cr)
Pre-Issue Promoter Holding2,46,43,200 shares
Post-Issue Promoter Holding2,71,42,800 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Madhav Copper Ltd. IPO subscribed?

Madhav Copper Ltd. IPO is subscribed 1.00 times by Jan 27, 2017. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Madhav Copper Ltd. IPO retail subscription status?

The Madhav Copper Ltd. IPO retail category is subscribed 1.00 times as of 27 Jan 2017. The retail portion is oversubscribed.

How to subscribe Madhav Copper Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 23 Jan 2017 and closes 27 Jan 2017. Min investment: ₹129,600 (1 lot = 1,600 shares). UPI mandate: 2017-01-27.

How many times Madhav Copper Ltd. IPO subscribed?

The Madhav Copper Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Madhav Copper Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 02 Feb 2017. Refunds: on 03 Feb 2017.

When Madhav Copper Ltd. IPO will be listed?

The Madhav Copper Ltd. IPO listing date is 06 Feb 2017, Monday. Listed on: NSE SME. Issue price: ₹81. Estimated listing: ₹81. GMP: NIL.

When Madhav Copper Ltd. IPO close?

The Madhav Copper Ltd. IPO closes on 27 Jan 2017, Friday. UPI mandate: 2017-01-27. Allotment: 02 Feb 2017. Listing: 06 Feb 2017.