Agarwal Float Glass IPO: GMP, Price, Size & Dates
Mahickra Chemicals IPO is set to make its debut on 16th April 18 with 5.25 Cr is engaged in the business of manufacturing and trading of Reactive Dyes.
Mahickra Chemicals IPO – overview
IPO Dates | 16-18 April 18 |
IPO Price | INR 25 per share |
Fresh issue | – |
Offer For Sale | Nil |
Total IPO size | 2,100,000 shares (INR 5.25 crore) |
Minimum bid (lot size) | 6000 shares |
Face Value | INR 10 per share |
Retail Allocation | 50% |
Listing On | NSE Emerge |
Mahickra Chemicals IPO – Tentative Dates
IPO Offer Opening Date | 16 April 2018 |
IPO Closing Date | 18 April 2018 |
Finalization of Basis of Allotment | 23 April 2018 |
Initiation of refunds | 24 April 2018 |
Transfer of shares to demat accounts | 25 April 2018 |
IPO Listing Date | 26 April 2018 |
Company Overview
Incorporated in 1994, Gujarat based Mahickra Chemicals Limited is engaged in the business of manufacturing and trading of Reactive Dyes. The company manufactures 40 various types of Reactive Dyes. The products of the company cater to textiles & garments manufacturers. It also offers specialty performance chemicals to the Textile Dyeing and printing industry.
Mahickra has a production capacity of approx. 900 tons per annum. The manufacturing facility of the company is situated at Vatva GIDC in Gujarat. The facility is spread over 2 storeyed 700 sq. meters in area. It is an ISO 9001:2015, ISO 14001:2015 and GOTS certified company. The company had 18 employees on its payroll as on 31st January 2018.
Objects of the Issue
1. Funding the working capital requirements of the Company;
2. General Corporate Purposes.
Company Financials
Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
Total Assets | 2562.24 | 1817.89 | 1781.93 |
Total Revenue | 4225.85 | 3478.82 | 4275.15 |
Profit After Tax | 35.27 | 15.17 | 8.60 |
Company Contact Information
Mahickra Chemicals Limited
Plot No. 1209, Phase-3 GIDC Vatva
Ahmedabad-382445
Phone: 079-25890811/25832692
Email: info@mahickra.com
Website: http://www.mahickra.com
Mahickra Chemicals IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Mahickra Chemicals IPO Lead Manager(s)
- Pantomath Capital Advisors Pvt Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker