The Mufti Menswear has begun on 19-December-2023. It will close on 21-December-2023. The Total IPO Size is 549.78 Crore. The company set its IPO price is 266-280 Rs Per Share. Basically, there are three basic categories in Mufti Menswear IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Qualified Institutional Buyers.
Mufti Menswear is incorporated in 1999.
Mufti Menswear are a engineering led manufacturer of complex and safety critical, heavy forged and high precision machined components in India.
They are engaged in engineering, process design, testing, manufacturing, and supply of a variety of components that are both margin accretive and value-additive.
The customers include AAM India Manufacturing Corporation Private Limited, Ashok Leyland Limited, Bonfiglioli Transmissions Private Limited, Dana India, IBCC Industries (India) Private Limited, International Tractors Limited, JCB India Limited, Liebherr CMCtec India Private Limited, Mahindra & Mahindra Limited, Meritor HVS AB, Meritor Heavy Vehicle Systems Cameri SPA, SML ISUZU Limited, Swaraj Engines Limited, Same Deutz Fahr India Private Limited, Tata Cummins Private Limited, Watson & Chalin India Private Limited (Hendrickson India Commercial Vehicle Systems) and Yanmar Engine Manufacturing India Private Limited.
They served customers across nine countries including Brazil, Italy, Japan, Spain, Sweden, Thailand, Turkey, the United Kingdom and the United States of America.
Mufti Menswear Promoters
Santosh Rasiklal Raveshia, Sanjay Mansukhlal Rajani, Ketan Mansukhlal Rajani and Chandni Vijay Somaiya and Fabbrica Italiana Lapis ed Affini S.p.A is a Promotors of the company.
Mufti Menswear IPO Date, Details & Price Band
The Mufti Menswear IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
| IPO Opening Dates | 19-December-2023 |
| IPO Closing Dates | 21-December-2023 |
| Price Band | 266-280 Rs |
| Offer for Sale | 549.78 Crore |
| Total IPO size | 549.78 Crore |
| Minimum bid (lot size) | 53 Shares |
| Face Value | 2 INR Per Share |
| Issue Type | Book Built Issue IPO |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Mufti Menswear IPO Market Lot
The Mufti Menswear IPO minimum market lot is 53 shares With 14,840 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 53 | 14,840 ₹ |
| Retail Maximum | 13 | 689 | 192,920 ₹ |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-23 | 574.48 | 509.32 | 77.51 |
| 31-Mar-22 | 476.05 | 354.84 | 35.74 |
| 31-Mar-21 | 416.99 | 261.15 | 3.44 |
Mufti Menswear IPO GMP & Grey Market Premium
Mufti Menswear IPO GMP Grey market premium has been started today. Check Latest Mufti Menswear IPO GMP, Kostak Rates and Subject to Sauda Price here.
Mufti Menswear IPO Prospectus
Mufti Menswear IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Mufti Menswear IPO Prospectus.
| DRHP | Download |
Mufti Menswear IPO Reviews
Angel Broking – Update Soon
Choice Broking – Update Soon
Prabhudas Lilladher – Update Soon
Mufti Menswear IPO Form Download
Mufti Menswear IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download Mufti Menswear IPO forms.
Mufti Menswear IPO Allotment Date & Details
| Allotment Date | 22-December-2023 |
| Initiation of refunds | 26-December-2023 |
| Transfer of shares to Demat accounts | 26-December-2023 |
| Listing Date | 27-December-2023 |
Registrar of Mufti Menswear
Link Intime India Private Limited
C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg
Vikhroli (West), Mumbai – 400 083
Maharashtra, India
Telephone: + 91 810 811 4949
Email :- [email protected]
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
Mufti Menswear Contact Details
Credo Brands Marketing Limited
B-8, MIDC Central Road, Marol,
Next to MIDC Police Station
Andheri (E), Mumbai – 400093,
Phone: +91 22 6141 7200
Email: [email protected]
Website: https://www.credobrands.in/
Mufti Menswear IPO Lead Managers
DAM Capital Advisors Limited
One BKC, Tower C, 15th Floor,
Unit No. 1511, Bandra Kurla Complex,
Bandra (East),
Mumbai – 400 051,
Maharashtra, India.
Telephone: +91 22 4202 2500
E-mail: [email protected]
Website: www.damcapital.in
Investor grievance e-mail: [email protected]
Contact Person: Chandresh Sharma
SEBI Registration No.: MB/INM000011336
ICICI Securities Limited
ICICI Venture House, Appasaheb Marathe Marg
Prabhadevi, Mumbai – 400 025
Maharashtra, India
Telephone: +91 22 6807 7100
E-mail: [email protected]
Website: www.icicisecurities.com
Investor grievance e-mail:
[email protected]
Contact Person: Namrata Ravasia / Gaurav Mittal
SEBI Registration No.: INM000011179
Keynote Financial Services Limited#
The Ruby, 9th Floor
Senapati Bapat Marg
Dadar (West), Mumbai – 400 028,
Maharashtra, India
Telephone: +91 22 6826 6000
E-mail: [email protected]
Website: www.keynoteindia.net
Investor grievance e-mail:
[email protected]
Contact Person: Radha Kirthivasan / Sunu Thomas
SEBI Registration No.: INM000003606