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Open
27 Aug 2007
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Close
30 Aug 2007
3
Allotment
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Listing
Thu, Sep 20, 2007
Price Band
₹27 to ₹30
Issue Size
1,76,41,184 shares (agg. up to ₹53 Cr)
Lot Size
200 Shares
Listing Date
Thu, Sep 20, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.74x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ruchira Papers Ltd. | Mainboard | ₹28.50 Cr | ₹23 | null | ₹21.05 | -8.48% | ₹103.70 (-0.67%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Land and site development | 8.57 |
| 2 | Plant & Machinery | 42.00 |
| 3 | Civil work | 52.98 |
| 4 | Furniture, Fixtures & Equipments | 19.08 |
| 5 | Pre-operating expenses | 5.43 |
| 6 | Securities | 0.60 |
| 7 | Technical know how and management development fees | 5.11 |
| 8 | Interest during construction period | 8.00 |
| 9 | Contingencies | 5.87 |
| 10 | Margin for working capital | 4.99 |
| Total | 152.63 |
About Magnum Ventures IPO
Incorporated in 1980, Magnum Ventures Limited (formerly Magnum Papers Limited) is in the business of trading and manufacturing paper. MVL has installed capacity of 85,000 MT per annum and manufacturing activities cover writing & printing paper, and duplex boards. Magnum has three manufacturing units located in Industrial Area, Sahibabad, Uttar Pradesh.MVL is running successfully for 25 years and generating cash profits. The Company has registered a turnover of Rs. 8090.72 lakhs and PAT of Rs. 810.06 lakhs for the financial year 2005-06.+ Read More
Contact Details
Magnum Ventures Ltd. AddressMagnum Ventures Limited3/4326, Ansari RoadDaryaganjNew Delhi, New Delhi, 110002011 23262983ipo@magnumventures.inVisit Website