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MMP Industries Ltd

MMP Industries Ltd

    Registered Office : 211 Shrimohini,345 Kingsway,Nagpur Maharashtra 440001 Phone : 91-712-2524645/2533585
    Fax : 91-712-2530461

    Email : companysecretary@mmpil.com

    Website : www.mmpil.com

Public issue of 45,00,000 equity shares of face value of Rs. 10.00 each of MMP Industries Limited ("the company" or "the issuer") for cash at a price of Rs. 188 per equity share ("issue price") (including a share premium of Rs. 178 per equity share) aggregating to Rs. 84.60 crores ("the issue"). of the issue, 2,25,000 equity shares aggregating to Rs. 4.23 crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 42,75,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 188 per equity share aggregating to Rs. 80.37 crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.57% and 25.24%, respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs.10 each and the issue price is Rs.188 is 18.80 times of the face value.

Issue

Opens On

Closes On

28-Mar-2018

04-Apr-2018

Money Payable On

Application

Allotment

188.00

0.00

Minimum Application for shares in Nos : 600.0 Further Multiples of : 600.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

84.60

84.60

16.94

188.00

Guiness Corporate Advisors Pvt Ltd

Projects
  • Setting up a new facility for manufacturing of Atomised Aluminium Powder, Pyro and Flake Aluminium Powder and Aluminium Foils
  • Prepayment or repayment of a portion of loan facilities availed by the company
  • General corporate purposes
Promoted By
  • Arun Bhandari
Listing At
  • NSE - SME
Registrar to the Issue
  • Bigshare Services Pvt Ltd