MCON Rasayan India IPO Date, GMP, Review, Price, Form & Market Lot Details

The MCON Rasayan India IPO has begun on 06 Mar 2023. It will close on 09 Mar 2023. The Total IPO Size is 6.84 Crore. The company set its IPO price is 40 Rs Per Share. Basically, There are two basic categories in MCON Rasayan India IPO Subscription 1) Non-Institutional Investors 2) Retail Individual Investors (RIIs)

MCON Rasayan India is established in 2016.

MCON Rasayan India is engaged in the business of manufacturing, marketing and selling of modern building materials and construction chemicals with a suite of more than 80 products which includes a range of construction materials and construction chemicals in both powder and liquid forms.

They have two manufacturing plants in Valsad and Navsari, Gujarat. They mainly manufacture admixtures, wall putty, tile adhesives, paints, concrete repair systems and waterproofing systems.

Check :- Upcoming SME IPO 2023

MCON Rasayan India IPO Promotors

1) Mahesh Ravji Bhanushali

MCON Rasayan India IPO Date, Details & Price Band

IPO Opening Dates 06 Mar 2023
IPO Closing Dates 09 Mar 2023
Price Band 40 Rs Per Share
Fresh issue 6.84 Crore
Offer for Sale NIl
Total IPO size 6.84 Crore
Minimum bid (lot size) 3000 Shares
Face Value 10 INR Per Share
Retail Allocation 50%
Non-Institutional 50%
Listing On NSE SME

MCON Rasayan India IPO Market Lot

The MCON Rasayan India IPO minimum market lot is 3000 shares With 1,20,000 ₹ Amount per application.

Lot No of Shares Amount
Minimum 1 3000 1,20,000 Rs
Maximum 1 3000 1,20,000 Rs
S-HNI (Min) 2 6,000 240,000 Rs

Restated Financial Record of the three year (Amt. in Lakhs)

Total Assets Total Revenue Profit After Tax EPS NAV
31-Mar-22 1,446.31 1,922.36 44.40 2.96 14.75
31-Mar-21 831.81 899.78 18.68 1.25 17.62
31-Mar-20 776.02 896.95 3.61 0.32 21.78

MCON Rasayan India IPO GMP Grey Market Premium

MCON Rasayan India IPO GMP Grey market premium has been started today. Check Latest MCON Rasayan India IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.

MCON Rasayan India IPO Prospectus

MCON Rasayan India IPO
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MCON Rasayan India IPO Reviews

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MCON Rasayan India IPO Form Download

MCON Rasayan India IPO is available on NSE Website as well as on our Portal. Please click here MCON Rasayan India IPO form Download.

MCON Rasayan India IPO Allotment Date & Details

Allotment Date 14 Mar 2023
Initiation of refunds 15 Mar 2023
Transfer of shares to Demat accounts 16 Mar 2023
Listing Date 17 Mar 2023
Check Allotment Status Click here

Registrar of MCON Rasayan India IPO

Link Intime India Private Limited
C-101, 1st Floor, 247 Park, Lal Bhadur Shastri Marg
Vikhroli (West), Mumbai 400 083
Maharashtra, India
Telephone: +91 810 811 4949
E-mail id: [email protected]
Investor Grievance E-mail ID: [email protected]
Contact Person: Shanti Gopalkrishnan
SEBI Registration Number: INR000004058
CIN No: U67190MH1999PTC118368

MCON Rasayan India Contact Details

MCON Rasayan India Limited
101/A, 1st floor, Maxheal House, Plot-169
CTS-104 Bangur Nagar, Goregaon West,
Near Ayyappa Temple, Mumbai- 400090
Phone: +91 86559 88698
Email: [email protected]

MCON Rasayan India IPO Lead Managers

GYR Capital Advisors Private Limited
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej,
Ahemdabad-380 054,
Gujarat, India.
Telephone: +91 8777564648
E-mail Iid: [email protected]
Investor Grievance e-mailID: [email protected]
Contact Person: Mohit Baid
SEBIRegistrationNumber: INM000012810
CIN: U67200GJ2017PTC096908

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