
✓
Open
27 Jan 2020
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Close
30 Jan 2020
3
Allotment
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Listing
Thu, Feb 6, 2020
Price Band
₹100 to ₹102
Issue Size
24,99,600 shares (agg. up to ₹25 Cr)
Lot Size
1,200 Shares
Listing Date
Thu, Feb 6, 2020
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.54x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2016 | 31 Mar 2016 | 31 Mar 2015 | 31 Mar 2014 |
|---|---|---|---|---|
| Assets | 16.96 | 8.43 | 12.01 | 4.94 |
| Total Income | 23.68 | 35.64 | 19.69 | 1.12 |
| Profit After Tax | 0.58 | 0.66 | 0.35 | -0.43 |
| NET Worth | 2.66 | 2.08 | 1.42 | 0.32 |
| Reserves and Surplus | 1.16 | 0.58 | -0.08 | -0.43 |
| Total Borrowing | 8.08 | 5.51 | 6.40 | 3.66 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 3.57 |
| 2 | General Corporate Purpose | 0.46 |
About Madhav Copper FPO
Incorporated in 2012, Gujarat based Madhav Copper Ltd (MCL) is engaged in the manufacturing and supply of copper bus bars, copper rods, strips, anodes, sections, enamelled copper wire, and poly wrap submersible winding wire. The copper material produced by the company is used in mechanical and electrical fields for power distribution, generation, transmission and electronic industries. The company also offers services to assist electrical winding designers in overcoming electrical equipment short-circuit problems and winding making. Madhav Copper Ltd follows the National and International standards such as IES, BS, JIS, NEMA, and ASTM. The manufacturing unit of MCL is situated at Bhavnagar, Gujarat. The company was listed on NSE Emerge in 2017 to raise funds for working capital requirements and improve brand image. Currently, the company has an Indian Railway project to supply copper products of various sizes and specifications. Key Strengths1. Quality products2. Manufacturing unit in Gujarat3. Long term client relationship $(document).ready(function(){ $('#dvStockQuotes').load('/newportal/stock_quotes_gadget.asp?b=MCL .div_stock_quotes', '', function(response, status, xhr) { if (s
Contact Details
Madhav Copper Ltd. AddressPlot No.2107/D, Office No.2032nd Floor, D&I ExcelusWaghawadi RoadBhavnagar, Gujarat, 364001+91 278 2221034investors@madhavcopper.comVisit Website