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MCON Rasayan India Limited IPO Review & Recommendations

 

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MCON Rasayan India Limited IPO

March 06, 2023 - March 10, 2023 Closed
MCON Rasayan India Limited IPO Review
Mcon Rasayan was incorporated in 2016 and engaged with marketing, manufacturing, and construction chemicals. Their Strengths are a Diverse customer base, Comprehensive product portfolio, In-house research and development of products, Quality Standard Certifications & Quality Tests, Quality Standard Certifications & Quality Tests, Strategies are Geographical expansion of their distribution network, further developing our institutional sales business, Expanding our sales and distribution network. They have an efficient sales, & marketing team and support teams at their Units. Their sales and marketing teams are well experienced.

MCON Rasayan India Limited Products and Services
Their Products are building materials, and construction chemicals, with suites of more than 80 products including construction chemicals both liquid and chemical form. Their Liquid has products such as polyurethane “PU” liquid membranes, anti-corrosive coatings, bonding agents, paints, curing compounds, and concrete admixtures. Their products are sold under the “MCON” brand. Their product’s quality tests to meet the industry standards before they are delivered to their clients. Their various tests like the alkali content test, compressive strength test, harden concrete permeability test, water retention efficiency & currying efficiency test, solid content test, and special gravity test.

Financial Overview
This Company was engaged in construction chemicals, the business of modern building materials, Mcon Rasayan India Limited in comparison to Kansai Nerolac, Asian paint, and Pidilite. Investors may think to apply for this IPO, after doing the study related to IPO.

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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