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Madhav Copper Limited FPO

Fixed Price IPO · NSE

Price band
₹100 - ₹102
Lot size
1,200 shares
Issue amount
₹25 cr
Total subscription
0×
Current price₹52.41
Listing price ₹102
Watch live price ↗
Opens
27 Jan 2020
Closes
30 Jan 2020
Allotment
5 Feb 2020
Listing
7 Feb 2020

Offer at a glance

Issue overview

Issue size
24,99,600 shares
Face value
₹10 per share
Minimum investment
₹1,20,000
Fresh issue
₹0 cr
Offer for sale
₹0 cr
Registrar
Bigshare Services Private Limited
Listing exchange
NSE
Maximum investment
₹1,22,400
Issue type
Fixed Price IPO
Shares before issue
2,46,43,200
Shares after issue
2,68,44,000

Lot sizes

CategoryLotsSharesAmount
RETAIL11,200₹1,22,400
HNI22,400₹2,44,800

Share reservation

Market Maker5.04%

Subscription & GMP

Subscription by category

Total subscribed0×

Subscription figures are awaiting publication.

GMP history

00.5124 Dec: ₹0
24 Dec₹024 Dec

Financial performance

Company financials

Financial results are awaiting publication.

Company information

Company profile

Madhav Copper Ltd is engaged in manufacturing and supplying enamelled copper wire and poly-wrap submersible winding wire under the brand name Madhav Copper, along with enamelled wires, copper rod profiles, and poly-wrap winding wires used in transformers, motors, alternators, contactors, and relays. The company’s products are designed for efficient use in high-speed coil winding machines and are made from high-quality copper with advanced thermal insulation that provides strong dielectric performance and resistance to stress cracking. Its manufacturing facility is located near Kobdi, Ukharla, on Talaja Road in Bhavnagar, Gujarat, and the company is promoted by Nilesh Patel, who has experience in LME copper trading, and Rohitbhai Chauhan, who brings over a decade of expertise in copper wire manufacturing.

Promoters

Mr. Nilesh Patel,

Mr. Rohit Chauhan

Mr. Divya Monpara

Registrar & documents

Lead manager

Pantomath Capital Advisor Private Limited

Registered office

Plot No. 2107/D, Office No. 203, 2nd Floor, D&I Excelus, Waghawadi Road, Bhavnagar, Gujarat 364001

+91 278 2221034

[email protected]Company website ↗

Understanding MCL IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.