MCON Rasayan IPO Subscription Status [ Final ]

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 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.

Latest News Update: MCON Rasayan Systems IPO Subscription Status Live
  • MCON Rasayan IPO subscribed 384.64 times, retail portion booked 453.41 times on day 4 day.
  • The NII 307.09 times Subscribed on day 4.

MCON Rasayan IPO Subscription Status ( 10 March 2023 | 05:00 PM )

Day 1 (times) Day 2 (times) Day 3 (times) Day 4 (times)
NII 16.23 33.03 72.04 307.09
Retail 32.71 115.87 241.77 453.41
Total 24.47 74.45 157.91 384.64

Leave a Reply