Gainers & Losers

YOU ARE ON :
  • HOME /
  • IPO /
  • IPO ISSUES /
  • IPO-SYNOPSIS

Meson Valves India Ltd

Registered Office: # L-45 1st Flr Software Techno,-logy Park Verna Ind E Salcete, Verna - 403722, Goa, India.
Phone : 08322954198   Fax:
Email :  investor@mvi.ltd  
Website :  www.mvi.ltd

Initial public offering of 30,48,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Meson Valves India Limited ("MVIL" or "The Company" or "The Issuer") for cash at a price of Rs. 102/- per equity share (including a premium of Rs. 92/- per equity share) ("Issue Price") aggregating to Rs. 31.09 crores ("The Issue") of which 1,56,000 equity shares aggregating to Rs. 1.59 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 28,92,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 102/- per equity share aggregating to Rs. 29.50 croress ("Net Issue"). The issue and the net issue will constitute 30.00% and 28.46% of the post issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is 10.2 times of the face value.

Issue Money Payable On
Opens on Closes On Application Allotment
08-Sep-23 12-Sep-23 102.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 1200   Further Multiples of : 1200
  Rs(Cr.) Lead Managers to the Issue
Project Cost 30.58 Shreni Shares Ltd
Project Financed through Current Offer 31.09  
Post Issue Equity Share Capital 10.16  
Issue Price 102.00  

Project

  • Purchase of plant and machinery for setting up of Manufacturing unit
  • Funding working capital requirements
  • General corporate purposes

Promoted By

Brijesh Madhav Manerikar

Swaroop Raghuvir Natekar

Vivekanand Maruti Redekar

Listing At

BSE - SME

Registrar to the Issue

Maashitla Securities Pvt Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) 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.