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MCON Rasayan India Limited IPO Date, Price, Review and Details

 

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MCON Rasayan India Limited IPO

March 06, 2023 - March 10, 2023 Closed

MCON Rasayan India Limited IPO

This Company was engaged in manufacturing marketing and selling modern building & construction chemicals and Mcon Rasayan India Limited Incorporated was 2016. Their powder products are ready to mix plaster, block adhesive, wall putty, and polymer. They supply their products to more than 100 distributors and dealers which in turn supply them to more than 1300 retailers. This undertakes – research and development from their Navi Mumbai based on an R&D facility.

Company Promoters:
• Mahesh Ravji Bhanushali

Objects of this Issue:
• Funding the working capital requirements of the company
• General Corporate Purposes

Financial Information of the Company:

 Particulars

Amount in Lakhs (Rs.)

As on 31 Mar 2022

As on 31 Mar 2021

As on 31 Mar 2020

Total Assets

1,446.31

831.81

776.02

Total Liabilities

1,225.02

653.41

665.3

Net Profit

44.40

18.68

3.61


MCON Rasayan India Limited IPO Schedule
1. Bid or Offer Opens on: 06 March 2023
2. Bid or Offer Closes on: 10 March 2023
3. Finalization of BoA: 15 March 2023
4. Initiation of Refunds: 16 March 2023
5. Credit of shares to Demat account: 17 March 2023
6. Listing Date: 20 March 2023

MCON Rasayan India Limited IPO Lot Size
The market lot size of the MCON Rasayan India Limited IPO is 6000 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  3000

₹120,000

Maximum

1

  3000

₹120,000

S-HNI(Minimum)

2

  6,000

₹240,000

 

Company Contact Details:
101/A, 1st floor, Maxheal House, Plot-169, CTS-104
Bangur Nagar, Goregaon West, Near Ayyappa Temple,
Mumbai- 400090, Maharashtra, India.
Phone: +91 86559 88698
Email: compliance@mconrasayan.com
Website: http://www.mconrasayan.com/

MCON Rasayan India Limited IPO Registrar Details:
Link Intime India Private Ltd
C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg
Vikhroli (West), Mumbai 400 083
Maharashtra, India
Telephone: +91-22-4918 6270
Email: mconrasayan.ipo@linkintime.co.in
Website: https://linkintime.co.in/



Frequently Asked Question

If allotted, you will receive MCON Rasayan India Limited IPO shares in your Demat account on March 17, 2023.
Post-issue shareholding of the MCON Rasayan India Limited IPO promoter is 66.64%.
MCON Rasayan India Limited IPO Shares will get listed at NSE SME.
MCON Rasayan India Limited IPO shares will get listed on March 20, 2023.
Closing date of MCON Rasayan India Limited IPO is March 10, 2023.
Face value of MCON Rasayan India Limited IPO is ₹10 per share.
Opening date of MCON Rasayan India Limited IPO is March 06, 2023.
Lot size of the MCON Rasayan India Limited IPO is 3000 shares.
If you do not get the allotment of MCON Rasayan India Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Pre-issue shareholding of the MCON Rasayan India Limited IPO promoter is 91.45%.
Per share price of MCON Rasayan India Limited IPO is ₹40 per share.
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