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Open
23 Jan 2017
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Close
27 Jan 2017
3
Allotment
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Listing
Mon, Feb 6, 2017
Price Band
₹81 per share
Issue Size
5,53,600 shares (agg. up to ₹4 Cr)
Lot Size
1,600 Shares
Listing Date
Mon, Feb 6, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 10.49x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sagardeep Alloys Ltd. | SME | ₹6.00 Cr | ₹20 | null | ₹19.00 | -5.00% | ₹24.02 (-0.74%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 3.57 |
| 2 | General Corporate Purpose | 0.46 |
About Madhav Copper IPO
Madhav Copper Ltd (MCL) is engaged in the manufacturing and supply of enamelled copper wire and poly wrap submersible winding wire under the brand name ―Madhav Copper‖. MCL also offers enamelled, copper rod profile and poly-wrap submersible winding wires suitable for industry application in transformers, motors, alternators, contactors, and relays. Company’s product is also suitable for use in high speed coil winding machines. The copper conductors are manufactured from copper and insulated with high thermal class engineered insulation material, which provides dielectric properties and resistance to stress cracking.The manufacturing facility of Madhav Copper Ltd is situated at Plot No. 5-B/B, Block No. 226-27, Survey No. 346-47, Near Kobdi, Ukharla, Talaja Road, Bhavnagar, Gujarat, India.MCL is promoted by Nilesh Patel who has experience in LME copper trading and Rohitbhai Chauhan who has a decade of experience in the field of copper wire manufacturing.+ Read More
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