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M.D.Inducto Cast Ltd.

M.D.Inducto Cast Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹27
₹27
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹27
Based on GMP
Min. Investment
₹108,000
1 lot × 4000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
30 Jun 2015
Close Date
02 Jul 2015
Allotment
08 Jul 2015
Listing Date
16 Jul 2015
Exchange
BSE SME
Price Band
₹27
Listing Price
See chart
Allotment Status
Price Band
₹27
Per share
Face Value
₹10 per share
 
Lot Size
4,000 Shares
per lot
Issue Size
63,84,000 shares (aggregating up to ₹17.24 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹108,000
1 lot
Pre-IPO Holding
1,77,03,704 shares
Promoters
Post-IPO Holding
2,40,87,704 shares
Promoters
UPI Deadline
2015-07-02
Mandate
Anchor AllotmentMon, 29 Jun 2015
Basis of AllotmentWed, 08 Jul 2015
Refund InitiationThu, 09 Jul 2015
Demat CreditThu, 09 Jul 2015
Listing DayThu, 16 Jul 2015
UPI Mandate Deadline2015-07-02
Sale TypeFresh Capital
Net Offer to Public60,60,000 shares (aggregating up to ₹16.36 Cr)
Market Maker Quota3,24,000 shares (aggregating up to ₹0.8748 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
M.D.Inducto Cast Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 02 Jul 2015.
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
324,000
₹0.87
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
6,384,000
100% ₹17.24
IPO Shares Offered
M.D.Inducto Cast Ltd. IPO total issue size: ₹17.24 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 324,000 ₹0.87
5.08%
Total 6,384,000 ₹17.24
100.00%
* Based on upper price band ₹27 per share
Lot Size & Investment
Lot Size
4,000
Shares per Lot
Issue Price
₹27.00
Upper Band
Min Investment
₹108,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)28,000₹216,000
Retail (Max — 13 Lots)1352,000₹1,404,000
S-HNI (Min — 14 Lots)1456,000₹1,512,000
B-HNI (Min — 68 Lots)68272,000₹7,344,000
* Issue Price ₹27 × Lot Size 4,000 shares
IPO Schedule
Anchor
29 Jun 2015
✓ Done
IPO Open
30 Jun 2015
✓ Done
IPO Close
02 Jul 2015
✓ Done
Allotment
08 Jul 2015
✓ Done
Refunds
09 Jul 2015
✓ Done
Demat Credit
09 Jul 2015
✓ Done
Listing Day
16 Jul 2015
✓ Done
M.D.Inducto Cast Ltd. — Live Price LIVE
₹27.00
INR · BSE
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Issue ₹27.00 Live Price
About M.D.Inducto Cast Ltd.
Incorporated in 2010, M D Inducto Cast Ltd is engaged in manufacturing of superior quality TMT bars and billets that are sold under the brand name Rudra TMX.M D Inducto Cast Ltd (MDIC) is the flagship company of M D Group, engaged in various businesses like Ship Recycling, Oxygen Plant, Induction Furnace, Re-rolling mill, producing more than 1.5 Lakh MT per annum of steel, with a group turnover of around Rs. 600 crore per annum. At present they have an installed production capacity of 1,20,000 MT p.a. both for billets and TMT bars. Famous actor and politician Paresh Rawal is the brand ambassador of MDIC's products.In addition to manufacturing their own products, they have also recently introduced franchise model of business in their operations. At present, they have contracted with 5 parties who manufacture and sell goods under brand name "Rudra TMX". Company has around 25 direct dealers and 5 distributors who cater to around 450 dealers, undertaking sales and distribution of products. They also serve to some few large industrial houses directly.
Objects of the Issue
1
1 Working Capital Requirement
2
2 Issue Expenses
M.D.Inducto Cast 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.
RoNW
38.53
Issue Structure & Shareholding
Total Shares Offered63,84,000 (100.00%)
Net Offer to Public60,60,000 shares (aggregating up to ₹16.36 Cr)
Reserved for Market Maker3,24,000 shares (aggregating up to ₹0.8748 Cr)
Pre-Issue Promoter Holding1,77,03,704 shares
Post-Issue Promoter Holding2,40,87,704 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 M.D.Inducto Cast Ltd. IPO subscribed?

M.D.Inducto Cast Ltd. IPO is subscribed 1.00 times by Jul 02, 2015. 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 M.D.Inducto Cast Ltd. IPO retail subscription status?

The M.D.Inducto Cast Ltd. IPO retail category is subscribed 1.00 times as of 02 Jul 2015. The retail portion is oversubscribed.

How to subscribe M.D.Inducto Cast Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 30 Jun 2015 and closes 02 Jul 2015. Min investment: ₹108,000 (1 lot = 4,000 shares). UPI mandate: 2015-07-02.

How many times M.D.Inducto Cast Ltd. IPO subscribed?

The M.D.Inducto Cast Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check M.D.Inducto Cast Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 08 Jul 2015. Refunds: on 09 Jul 2015.

When M.D.Inducto Cast Ltd. IPO will be listed?

The M.D.Inducto Cast Ltd. IPO listing date is 16 Jul 2015, Thursday. Listed on: BSE SME. Issue price: ₹27. Estimated listing: ₹27. GMP: NIL.

When M.D.Inducto Cast Ltd. IPO close?

The M.D.Inducto Cast Ltd. IPO closes on 02 Jul 2015, Thursday. UPI mandate: 2015-07-02. Allotment: 08 Jul 2015. Listing: 16 Jul 2015.