IPO Issue Details
Issue Price / Price Band₹15 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size8,000 Shares per Lot
Total Issue Size30,00,000 shares (aggregating up to ₹4.50 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 06 Dec 2017
Subscription CloseFri, 08 Dec 2017
Anchor AllotmentTue, 05 Dec 2017
Basis of AllotmentTue, 12 Dec 2017
Initiation of RefundsTue, 12 Dec 2017
Credit of Shares to DematWed, 13 Dec 2017
Listing DateMon, 18 Dec 2017
UPI Mandate Deadline2017-12-08
Application & Investment Details
Retail — Min (1 Lots)120000 — 8000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)240000 — 16000 shares
Net Offer to Public28,48,000 shares (aggregating up to ₹4.27 Cr)
Reserved for Market Maker1,52,000 shares (aggregating up to ₹0.2280 Cr)
Pre-IPO Promoter Holding74,20,900 shares
Post-IPO Promoter Holding1,04,20,900 shares
About MRC Exim Ltd
Incorporated in Oct 2015, MRC Exim Limited is Mumbai based company engaged in the business of trading of various industrial, metals and alloy products including iron and steel. MRC Exim is multi-product trading company with a diverse product portfolio. The product portfolio of the company includes product such as GI Pipes, Insulators, Transmitter, Heat Exchangers, Conductors, Water Pumps, Graphite, Cobalt, Tungsten, Aluminum, Coil & Steel Pipe, D1 Tool Steel, D2 Tool Steel and Tool Steel HSD amongst others. MRC Exim serves the corporate and other clients from fabrication and manufacturing industry.
Objects of the Issue
MRC Exim Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Gross Proceeds of the Issue
4.5
Shareholding & Lock-in
Pre-IPO Promoter Holding
74,20,900 shares
Post-IPO Promoter Holding
1,04,20,900 shares