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MCON Rasayan India Ltd

MCON Rasayan India Ltd

    Registered Office : 101/A 1st Floor Maxheal House,Plot-169 CTS-104 Bangur Nagar,Mumbai Maharashtra 400090 Phone : 91 865598869
    Fax :

    Email : compliance@mconrasayan.com

    Website : www.mconrasayan.com

Public issue of 17,10,000 equity shares of face value Rs. 10 each ("Equity Shares") of Mcon Rasayan India Limited ("The Company" or the "Issuer") for cash at a price of Rs. 40 per equity share (including a securities premium of Rs. 30 per equity share) ("Issue Price"), aggregating Rs. 6.84 crores (the "Issue"). 90,000 equity shares aggregating to Rs. 0.36 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 16,20,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 40 per equity share aggregating to Rs. 6.48 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.13 % and 25.70 % respectively of the post-issue paidup equity share capital of the company. The face value of the equity share is Rs. 10 each and the issue price is Rs. 40 the issue price is 4 times of the face value.

Issue

Opens On

Closes On

06-Mar-2023

10-Mar-2023

Money Payable On

Application

Allotment

40.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

6.14

6.84

6.30

40.00

GYR Capital Advisors Pvt Ltd

Projects
  • Funding the Working Capital Requirements of the Company
  • General Corporate Purposes
Promoted By
  • Mahesh Rajiv Bhanushali
Listing At
  • NSE - SME
Registrar to the Issue
  • MUFG Intime India Pvt Ltd