Mewar Hi Tech Engineering Limited will be listed on the SME platform on the BSE Exchange within few days ahead. The details for price band and dates, company profile, allotment status and listing dates of Mewar Hi tech Engineering will be possible to fetch. The company has already filed a Draft Prospectus and received the approval from SEBI.
The IPO will open as on September 30,2016 with a price band of Rs. 22. The lot size for applying the IPO is for 6000 equity shares. The issue mandates all investors to apply through ASBA i.e. Application supported by Blocked amount only. The maximum application amount for retail investor stood at Rs. 2 lacs. Equity shares of Public offering stood at 10,62, 000 by the bank aggregating up to worth Rs.2.34 crore.
The Company was incorporated on March 26, 2006, located in Udaipur, India. The company provides heavy machines as crushers mixers and industrial material handling equipment under the ‘Kingson brand’ in India. It manufactures its products like pre-engineering building sheds, cranes, sand machines, concrete mixture machines, batch mixing plants, RMC (ready-mix concrete) plants, industrial products for crushing plants, Double Toggle Grease/Oil Crusher, Single Toggle Grease Jaw Crusher, Vibrating Screen, Horizontal Shaft Impactor, Vertical Shaft Impactor and Cone Crusher and other crushing, screening and customized size reduction equipments along with facilitating after sales service with the warranty facilities of the machines. The manufacturing process of the firm is integrated from drawing with the help of Auto CAD to assembling of manufactured body parts. The firm owns a testing laboratory to test the products according to the quality parameters.
Outlook of the Firm:
- Various Products Offerings;
- Customer Centric;
- Consistency in quality via its testing laboratory;
- Offer quality services;
- Experienced management team with sound knowledge.
Objects Of The Issue:
- Working capital requirement;
- For issue expense;
- General Corporate Purpose.
Summary Of Issue:
|Issue Open:-||30th September to 6th October 2016|
|Issue Type||Fixed Price Issue IPO|
|Issue Size (Shares)||[10,62,000]Equity Shares of Rs. 10|
|Issue Size in (Value)||Rs. 2.34 Crore|
|Face Value||Rs. 10 Per Equity Share|
|Issue Price||Rs. 22 Per Equity Shares|
|Market lots||Rs. 6000 Shares|
|Minimum Order Quantity||Rs. 6000 Shares|
|Listing At||BSE, SME|
The Public offer includes:-10,62,000 Equity Shares
Mewar Hi Tech Engineering IPO Allotment Status
Mewar Hi Tech Engineering IPO allotment status would be available soon after the IPO closure date. Usually the allotment comes within a week from the closing date which in this IPO yet to be announced.
one can check the allotment on the given below link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps:-
- Click on the given link See Allotment Status here
- Go to Application Status
- Select IPO as Mewar Hi Tech Engineering IPO
- Enter you PAN Number or Application Id or DP Client Id.
It takes little time to fetch information so you need to be little patient.
The Shares of Mewar Hi Tech Engineering Limited are likely to be listed as on October 14,2016 on both BSE SME.
Promoters Of the Company:
1) Mr. C.S. Rathore :- He is 56 years old. He is chairman & Managing director of the company.
2) Mr. Reena Rathore:- She is 46 years old. He is whole time director of the company.
|Particulars||For the year/Period ended (Rs. in Lakhs)|
|Profit After Tax (PAT)||23.11||32.45||69.39||63.44||80.93|
Book Running Lead Managers Details:
Pantomath Capital Advisors Private Limited
406-408, Keshav Premises, Behind Family Court, Bandra Kurla Complex , Bandra(East)
Mumbai 400051, Maharashtra India
Tel: +91-2261946722 Fax: +91-22026598690
Investor Grievance Id:- firstname.lastname@example.org
Contact Person: Kirti Kanoria
Registrar To The Issue:
BIGSHARE SERVICES PRIVATE LIMITED
E-2, Ansa Industrial Estate, Sakhivihar Road, Sakinaka, Andheri (East), Mumbai – 400 072,
Tel. No.: +91-22 – 40430200 Fax No.: +91-22 – 28475207
Investor Grievance Email: email@example.com
Contact Person: Mr. Bapu Raphael
SEBI Registration. No. INR000001385
Registered Office Details:
1, Hawa Magri, Industrial Area, Sukher, Udaipur Rajasthan – 313001, India
Phone: 0294-2440235 Fax: 0294-2440234