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Open
28 Mar to 4 Apr, 2018
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Close
28 Mar to 4 Apr, 2018
3
Allotment
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Listing
Thu, Apr 12, 2018
Price Band
₹186 to ₹188
Issue Size
45,00,000 shares (agg. up to ₹85 Cr)
Lot Size
600 Shares
Listing Date
Thu, Apr 12, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.09x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2017 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|
| Assets | 122.02 | 112.82 | 94.75 |
| Total Income | 105.56 | 203.93 | 181.21 |
| Profit After Tax | 8.06 | 16.56 | 8.88 |
| NET Worth | 58.88 | 50.99 | 34.31 |
| Reserves and Surplus | 46.45 | 42.70 | 26.02 |
| Total Borrowing | 38.23 | 39.04 | 36.38 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up a new facility for manufacturing of Atomised Aluminium Powder , Pyro and Flake Aluminium Powder and Aluminium Foils | 58.90 |
| 2 | Prepayment or repayment of a portion of loan facilities availed by the Company | 10.00 |
| 3 | General Corporate Purposes | 11.99 |
About MMP Industries IPO
Incorporated in 1973, MMP Industries Limited is a Nagpur, Maharashtra based company engaged in manufacturing of aluminium products. Company's aluminium product range includes pyro and flake aluminium powders, atomised aluminium powders, aluminium pastes, aluminium conductors (all aluminium, alloy aluminium and aluminium steel reinforced). Aluminium powders (pyro, flake and atomised) are used in many industrial sectors like construction (AAC Blocks) and mining (Aluminised slurry explosives), agriculture (pesticides), defence (ammunition), fire crackers, railways (thermit portions) etc. Aluminium pastes are used in automotive, decorative and industrial paints. Aluminium Conductors are consumed by the power sector for laying of overhead transmission lines.With over 3 decades of experience MMP Industries has developed in depth ability to understand process related problems and fine tuning of its products to suit customer needs.+ Read More
Contact Details
MMP Industries Ltd. Address211, Shrimohini 345KingswayNagpur, Maharashtra, 440001+91 712 252 4645/ 253 358companysecretary@mmpil.comVisit Website