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As on :May 29,2015 10 : 19 AM
IPO Synopsis
Mehai Technology Ltd
Public issue of 15,00,000 equity shares of face value of Rs. 10/- each fully paid up of Mehai Technology Limited ("MTL" or the "company" or the "issuer") for cash at a price of Rs. 40/- per equity share (the "issue price") (including a share premium of Rs. 30/- per equity share aggregating Rs. 6.00 Crores (the "issue") by the company, of which 78,000 equity shares of Rs. 10/- each fully paid up will be reserved for subscription by market maker to the issue ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 14,22,000 equity shares of Rs. 10/- each fully paid up is hereinafter referred to as the "net issue". The issue and the net issue will constitute 28.01% and 26.55% respectively of the post issue paid up equity share capital of the company The face value of the equity shares is Rs. 10/- each. The issue price is Rs. 40/- the issue price is 4.00 times the face value.
Opens On Closes On
25-Sep-17 28-Sep-17
Money Payable On
Application Allotment
40.00 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
RsCr Lead Managers to the Issue
Project Cost (Rs.Cr) 6.00 SPA Capital Advisors Ltd
Project Financed through Current Offer (Rs.Cr) 6.00  
Post Issue Equity Share Capital (Rs.Cr) 5.36
Issue Price (Rs) 40.00
Working capital requirements
General corporate purposes
Promoted By
Sudhir Ostwal
Shalini Jain
Listing At
Registrar to the Issue
Bigshare Services Pvt Ltd