Mahip Industries Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 2,468,000 (48%) | — | ₹790 Cr |
| Retail | — | 2,468,000 (48%) | — | ₹790 Cr |
| Market Maker | — | 260,000 (5%) | — | ₹8 Cr |
| Σ Total | — | 5,196,000 (100%) | — | ₹16,627 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹128,000 |
| Retail (Max) | 13 | 52,000 | ₹1,664,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,792,000 |
| B-HNI (Min) | 67 | 268,000 | ₹8,576,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue | 14,077 | 10,783 | 10,439 |
| Profit After Tax | 414 | 122 | 111 |
| Total Assets | 6,638 | 5,338 | 5,358 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Funding the working capital requirements of the Company – 12.87
- 2 Issue related expenses – 1.25
- 3 General corporate purposes – 2.50
Company Overview
Incorporated in 1995, Ahmedabad based Mahip Industries Limited is a company engaged in the manufacturing of packaging materials.
The company's product portfolio includes Stagguard, Box, Corrugated Boxes, Corrugated Boxes with Partition, Corrugated Boxes With Lid, Printed Corrugated Boxes, Customized Corrugated Boxes, Laminated Corrugated Boxes, Bituminized corrugated boxes, Corrugated Cartons/Printed, Corrugated Cartons, Heavy Duty Corrugated Boxes, Multicolor Printed Cartons, Corrugated Sheets, Corrugated Paper Rolls, Auto Slot Boxes & Die Cut Boxes etc.
The company has a facility with an installed capacity of 3500 tons per annum and intends to increase the existing capacity to 8352 tons in near future.
Currently, the company does its business in Gujarat, through its network of dealer/distributor /agents. It also sells directly to the customers. It intends to enter and capture new markets in other states.
It has 50 full-time employees on its payroll.
Competitive Strengths of the Company-
1. Over 2 decades of experience in the industry
2. Varied product portfolio
3. In- House logistic support