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IPO

IPO Details


MCON Rasayan India Ltd
Registered Office: 101/A 1st Floor Maxheal House, Plot-169 CTS-104 Bangur Nagar, Mumbai - 400090, Maharashtra
Phone: 91 865598869
Email: compliance@mconrasayan.com
Website: www.mconrasayan.com
Public issue of 17,10,000 equity shares of face value Rs. 10 each ("Equity Shares") of Mcon Rasayan India Limited ("The Company" or the "Issuer") for cash at a price of Rs. 40 per equity share (including a securities premium of Rs. 30 per equity share) ("Issue Price"), aggregating Rs. 6.84 crores (the "Issue"). 90,000 equity shares aggregating to Rs. 0.36 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 16,20,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 40 per equity share aggregating to Rs. 6.48 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.13 % and 25.70 % respectively of the post-issue paidup equity share capital of the company. The face value of the equity share is Rs. 10 each and the issue price is Rs. 40 the issue price is 4 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
06-Mar-2023 10-Mar-2023 ₹ 40.00 ₹ 0.00
Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0
(₹)Cr. Lead Managers to the Issue
Project Cost 6.14 GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer 6.84
Post Issue Equity Share Capital 6.30
Issue Price ₹40.00
Projects
Funding the Working Capital Requirements of the Company
General Corporate Purposes
Promoted By
Mahesh Rajiv Bhanushali
Listing At
NSE - SME
Registrar to the Issue

INDIAN INDICES

Sensex

82,755.51 700.40 (0.85%)

Nifty

25,244.75 200.40 (0.80%)

GLOBAL INDICES

USD

85.75 0.06 (0.95%)

NASDAQ
HANG SENG

24,474.68 297.60(1.23%)