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IPO Synopsis
Mahickra Chemicals Ltd
Registered Office: Plot No 1209 Phase-3,GIDC Vatva, Ahmedabad - 382445, Gujarat, India.
Phone : 91-079-25890811/25832692   Fax:
Email :  info@mahickra.com  
Website :  www.mahickra.com
Initial public offer consisiting of fresh issue of upto 21,00,000 equity shares of face value of 10/- each fully paid ("equity shares") of Mahickra Chemicals Limited ("The Compay" or "The Issuer") for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (the "issue price") aggregating up to Rs. [*] crores (the "issue") of which upto 1,08,000 equity shares of face value Rs. 10/- each for cash at a price of Rs. [*] per equity share, aggregating Rs. [*] will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 19,92,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*] per equity share, aggregating Rs. [*] is hereinafter refered to as the "net issue". The issue and the net issue will constitute [*]% and [*]%, respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 24/- to Rs. 25/- per equity share of face value of Rs. 10 each. The Floor price is 2.4 times the face value and the cap price is 2.5 times the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
16-Apr-18 18-Apr-18 25.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 6000   Further Multiples of : 6000
  Rs Cr Lead Managers to the Issue
Project Cost 5.25 Pantomath capital Advisors Pvt Ltd
Project Financed through Current Offer 5.25  
Post Issue Equity Share Capital 7.23  
Issue Price 25.00  
Projects
Funding the working capital requirements of the company General corporate purpose
Promoted By
Miteshkumar Champaklal Gandhi
Ashishkumar Champaklal Gandhi
Komal Mitesh Gandhi
Listing At
NSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd
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   Attention Investors : No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Email ID: info@ssplwealth.com       Customers grievances : grievances@ssplwealth.com     Compliance officer : Mr.G Anand , anand@ssplwealth.com
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SEBI Regn.Nos : NSE/BSE-INZ000192638 | CDSL : IN-DP-262-2016  |  MCX : INZ000081736
Member IDs : NSE : 11221 | BSE : 6292 | CDSL : 12045000 | MCX : 12815 | AMFI Regn.No : 2662
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