Mewar Hi-Tech Engineering Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 498,000 (47%) | — | ₹110 Cr |
| Retail | — | 504,000 (47%) | — | ₹111 Cr |
| Market Maker | — | 60,000 (6%) | — | ₹1 Cr |
| Σ Total | — | 1,062,000 (100%) | — | ₹2,336 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 | 6,000 | ₹132,000 |
| Retail (Max) | 13 | 78,000 | ₹1,716,000 |
| S-HNI (Min) | 14 | 84,000 | ₹1,848,000 |
| B-HNI (Min) | 67 | 402,000 | ₹8,844,000 |
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 General Corporate Purpose – 1.59
- 2 Working Capital Requirements – 0.35
- 3 Issue Expenses – 0.40
Company Overview
Incorporated in 2006, Mewar Hi-Tech Engineering Ltd is an ISO 9001:2008 certified company engaged in the manufacturing of heavy machines like crushers, mixers and industrial material handling equipments. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.Company's products are sold under the brand name "Kingson".
Based in Udaipur, Rajasthan company manufacture pre-engineering building sheds, cranes, sand machines, concrete mixture machines, batch mixing plants, RMC (ready-mix concrete) plants, industrial products for crushing plants, Double Toggle Grease/Oil Crusher, Single Toggle Grease Jaw Crusher, Vibrating Screen, Horizontal Shaft Impactor, Vertical Shaft Impactor and Cone Crusher and other crushing, screening and customized size reduction equipments.