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IPO

IPO Details


Meson Valves India Ltd
Registered Office: # L-45 1st Flr Software Techno, -logy Park Verna Ind E Salcete, Verna - 403722, Goa
Phone: 08322954198
Email: investor@mvi.ltd
Website: www.mvi.ltd
Initial public offering of 30,48,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Meson Valves India Limited ("MVIL" or "The Company" or "The Issuer") for cash at a price of Rs. 102/- per equity share (including a premium of Rs. 92/- per equity share) ("Issue Price") aggregating to Rs. 31.09 crores ("The Issue") of which 1,56,000 equity shares aggregating to Rs. 1.59 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 28,92,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 102/- per equity share aggregating to Rs. 29.50 croress ("Net Issue"). The issue and the net issue will constitute 30.00% and 28.46% of the post issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is 10.2 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
08-Sep-2023 12-Sep-2023 ₹ 102.00 ₹ 0.00
Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0
(₹)Cr. Lead Managers to the Issue
Project Cost 30.58 Shreni Shares Ltd
Project Financed through Current Offer 31.09
Post Issue Equity Share Capital 10.16
Issue Price ₹102.00
Projects
Purchase of plant and machinery for setting up of Manufacturing unit
Funding working capital requirements
General corporate purposes
Promoted By
Brijesh Madhav Manerikar
Swaroop Raghuvir Natekar
Vivekanand Maruti Redekar
Listing At
BSE - 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%)