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Open
25 Sep 2017
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Close
28 Sep 2017
3
Allotment
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Listing
Mon, Oct 9, 2017
Price Band
₹40 per share
Issue Size
15,00,000 shares (agg. up to ₹6 Cr)
Lot Size
3,000 Shares
Listing Date
Mon, Oct 9, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.40x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Apr 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 10.32 | 8.51 | 0.96 | 0.55 |
| Total Income | 0.29 | 5.22 | 1.24 | 0.62 |
| Profit After Tax | 0.04 | 0.31 | 0.01 | 0.01 |
| NET Worth | 6.40 | 0.42 | 0.11 | 0.09 |
| Reserves and Surplus | 5.17 | 0.33 | 0.03 | 0.01 |
| Total Borrowing | 0.25 | 3.25 | ||
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Dhruv Wellness Ltd. | SME | ₹5.57 Cr | ₹20 | null | ₹19.50 | -2.50% | ₹4.58 (-4.78%) |
| Gautam Exim Ltd. | SME | ₹3.32 Cr | ₹40 | null | ₹43.85 | +9.63% | ₹31.80 (-3.69%) |
| Creative Peripherals & Distribution Ltd. | SME | ₹13.50 Cr | ₹75 | null | ₹83.25 | +11.00% | ₹739.40 (+1.63%) |
| Maximus International Ltd. | SME | ₹3.77 Cr | ₹25 | null | ₹25.10 | +0.40% | ₹13.61 (+0.00%) |
| IFL Enterprises Ltd. | SME | ₹3.25 Cr | ₹20 | null | ₹20.05 | +0.25% | ₹0.37 (-2.63%) |
| Maheshwari Logistics Ltd. | SME | ₹27.17 Cr | ₹68 | null | ₹76.35 | +12.28% | ₹73.00 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 4.68 |
| 2 | General Corporate Purposes | 0.90 |
| 3 | Issue Expenses | 0.42 |
About Mehai Technology IPO
Incorporated in 2013, Mehai Technology Ltd is engaged into manufacturing of LED Bulbs, Fixtures, Moon Light Bulbs, Tubelights as well as assembling of Pen Drives and Power Banks.They sell their products through a set of dealers / distributors who place their order and after receipt of order they cater to their markets. They majorly sell through online portals viz Flipkart, eBay, Amazon, Shopclues, PayTM etc.They are in process of launching IC based LED bulbs, this will place their brand among reputed LED lighting manufacturers. They are also planning to manufacturing of Pen Drives in near term.+ Read More
Contact Details
Mehai Technology Ltd. Address64, Thatha Muthiappan Street2nd FloorBroadwayChennai, Tamil Nadu, 600001044-43165050mehai.technology@gmail.comVisit Website