MCON Rasayan India Limited IPO GMP, Review, Price, Allotment
MCON Rasayan India Limited IPO Important Dates:
| Opening Date | 06 March 2023 |
| Closing Date | 10 March 2023 |
| Basis of Allotment | 15 March 2023 |
| Initiation of refunds | 16 March 2023 |
| Transfer of shares to demat accounts | 17 March 2023 |
| Listing Date | 20 March 2023 |
MCON Rasayan India Limited IPO Details
| MCON Rasayan India Limited IPO Price | ₹40 per share |
| Lot Size | 3000 Shares |
| Minimum Amount for 1 lot | ₹1,20,000 |
| Total IPO size | 1,710,000 shares (aggregating up to ₹6.84 Cr) |
| Fresh Issue | 1,710,000 shares (aggregating up to ₹6.84 Cr) |
| Offer for Sale | – |
| Listing At | NSE SME |
| Retail Quota | 50% |
| QIB Quota | – |
| NII Quota | 50% |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Objective of the Issue:
- Funding the working capital requirements of the company
- General Corporate Purposes
Company Financials:
(Amount in ₹ Lakhs)
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 776.02 | 896.95 | 3.61 | 110.72 | 9.72 | 321.61 |
| 31-Mar-21 | 831.81 | 899.78 | 18.68 | 178.40 | 28.40 | 346.58 |
| 31-Mar-22 | 1,446.31 | 1,922.36 | 44.40 | 221.29 | 71.29 | 740.85 |
| 30-Sep-22 | 1,777.53 | 1,304.67 | 85.64 | 456.93 | 269.43 | 642.63 |
Company Promoters:
Mahesh Ravji Bhanushali is the Promoter of the Company.
| Pre Issue Share Holding | 91.45% |
| Post Issue Share Holding | 66.64% |
IPO Registrar:
Phone: +91-22-4918 6270
Email: mconrasayan.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Company Contact Information:
MCON Rasayan India Limited
101/A, 1st floor, Maxheal House, Plot-169
CTS-104 Bangur Nagar, Goregaon West,
Near Ayyappa Temple, Mumbai- 400090
Phone: +91 86559 88698
Email: compliance@mconrasayan.com
Website: http://www.mconrasayan.com/
IPO Offer Lead Manager:
MCON Rasayan India Limited IPO GMP today
| MCON Rasayan India IPO grey market premium | Subject to Sauda | Listing Gain |
| ₹26 | – | – |
MCON Rasayan India Limited IPO Review:
| What our experts say about MCON Rasayan India Limited IPO | Apply |
MCON Rasayan India Limited IPO Subscription Status live:
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | – |
| Non-Institutional Buyers | – |
| Retail Investors | 453.41 |
| Employees | – |
| Others | 307.09 |
| Total | 384.64 |
MCON Rasayan IPO (Day-wise) Subscription Details (times)
| Date | Other | Retail | Total |
|---|---|---|---|
| Day 1 Mar 6, 2023 | 16.23 | 32.71 | 24.47 |
| Day 2 Mar 8, 2023 | 33.03 | 115.87 | 74.45 |
| Day 3 Mar 9, 2023 | 72.04 | 241.77 | 157.91 |
| Day 4 Mar 10, 2023 | 307.09 | 453.41 | 384.64 |
MCON Rasayan India Limited IPO Allotment Status:
| Check MCON Rasayan India Limited IPO Allotment Status | Click Here |
MCON Rasayan India Limited IPO Listing Price:
| IPO Price Band | ₹40.00 |
| Open | ₹48.00 |
| Low | ₹48.00 |
| High | ₹50.40 |
| Close | ₹50.40 |
FAQ:
When will MCON Rasayan India Limited IPO open for subscription?
MCON Rasayan India Limited IPO is set to open on 06 March 2023.
What is MCON Rasayan India Limited IPO Price Band?
MCON Rasayan India Limited IPO Price Band is ₹40 per share.
What is the lot size of MCON Rasayan India Limited IPO?
The lot size of MCON Rasayan India Limited IPO is 3000 Shares per lot.
What is the issue size of MCON Rasayan India Limited IPO?
MCON Rasayan India Limited IPO issue size is ₹6.84 crore.
What is the last date to apply for MCON Rasayan India Limited IPO?
The last date to apply for MCON Rasayan India Limited IPO is 10 March 2023.
What is the MCON Rasayan India Limited IPO Allotment Date?
The allotment Date for MCON Rasayan India Limited IPO is 15 March 2023.
What is the MCON Rasayan India Limited IPO listing date?
The listing Date for Systango Technologies Limited IPO is 20 March 2023.
MCON Rasayan India Limited IPO should I buy?
Yes, you should apply for MCON Rasayan India Limited IPO.
How to apply for MCON Rasayan India Limited IPO through 5 Paisa?
- Login to your 5paisa account and select “MCON Rasayan India Limited IPO” in the current IPO section.
- Enter the number of lots and the price you wish to apply for the IPO.
- Enter your UPI ID and click on submit.
- You will receive a mandate notification to block funds in your UPI app.
- Approve the mandate request on your UPI and funds will be blocked
