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
| DRHP | Download |
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]
Website: www.linkintime.co.in
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]
Website: http://www.mconrasayan.com/
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]
Website: www.gyrcapitaladvisors.com
Investor Grievance e-mailID: [email protected]
Contact Person: Mohit Baid
SEBIRegistrationNumber: INM000012810
CIN: U67200GJ2017PTC096908