IPO Synopsis

MCON Rasayan India Ltd

Registered Office: 101/A 1st Floor Maxheal House,Plot-169 CTS-104 Bangur Nagar, Mumbai - 400090, Maharashtra, India. 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-23 10-Mar-23 Money Payable On Application Allotment 40.00 0.00 Minimum Application for shares in Nos : 3000 Further Multiples of : 3000 Cr Lead Managers to the Issue Project Cost (.Cr) 6.14 GYR Capital Advisors Pvt Ltd Project Financed through Current Offer (.Cr) 6.84   Post Issue Equity Share Capital (.Cr) 6.30 Issue Price () 40.00

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

No Data Available