Madhav Copper Limited FPO subscription period from Jan 27 to Jan 30, 2020:
Madhav Copper Limited launched in 2012, in Gujarat. The company involved with the production and supply of copper bus bars, copper rods, strips, anodes, sections, etc. Madhav Copper Ltd introduced its new shares through FPO (Follow on Public Offer). The subscription period will start on 27th Jan and it will end on 30th Jan 2020.
|Bid Period||Jan 27 to Jan 30, 2020|
|IPO Type||Book Built Issue FPO|
|IPO Size||2,200,800 equity shares of Rs 5 (aggregating up to Rs 22.45 cr)|
|Fresh Issue||2,200,800 equity shares of Rs 5 (aggregating up to Rs crore)|
|Face Value||Rs 5 per Equity Share|
|Issue Price||Rs 100 to Rs 102 per share|
|Listing At||NSE SME|
The IPO launched with 2,200,800 equity shares of Rs 5 with aggregating up to Rs 22.45 crore. It is a Book Built issue type of FPO. The Face value of the issue is Rs 5 per equity share. Also, the price of the issue is Rs 100 to Rs 102 per equity share.
The promoters or lead managers for this company is Mr. Nilesh Patel, Rohit Chauhan, and Divya Monpara.
|Pre issue Share Holding||73.04%|
|Post Issue Share Holding|
The objects of the FPO, it plans to utilize the raised amount to establish new equipment, refunding process, funding to the existing capital, and general corporate purposes.
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Moral, Andheri(E), Mumbai-400 059
Phone: +91-22-6263 8200
Email: [email protected]
Disclaimer: This post is just information about the FPO. It does not give any advice or recommendation. Please read the offer document carefully and consult your advisor before investing.