247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Mahickra Chemicals Limited IPO (Mahickra Chemicals IPO) Details

Mahickra Chemicals Limited is an Chemical based company, located in Ahmedabad, Mahickra Chemicals Limited IPO size was 5.25 Cr. and was issued at 25.00 per share. The share of Mahickra Chemicals Limited were listed at 36.75 per share and are currently trading at 106.05 per share.

Type :
Sub Sector : Manufacturing Of Reactive Dyes
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
54.53 Cr.

PAT :
0.48 Cr.

Pricing Report

Issue Price :
25.00

Listing Price :
36.75

Current Market Price :
106.05

Issue Price vs CMP :
81.05 (324.20%)

listing Price vs CMP :
69.3 (188.57%)

Performance Report (CAGR* wise)

CAGR : 23.79
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Mahickra Chemicals

Company Information
Mahickra Chemicals is in the business of manufacturing of Reactive Dyes since year 1998, while the business of trading in Reactive Dyes was started in year 1994. The Company manufactures Reactive Dyes also known as Synthetic Organic Dyes (S.O.Dyes) and has an integrated process. The company specialises in Black Reactive Dyes. Their company manufactures 40 various types of Reactive Dyes. The product of the company caters to textiles & garments manufacturers. The company also offer specialty performance chemicals to the Textile Dyeing and printing industry. The company has a production capacity of approx. 900 tons per annum. The manufacturing facility of the company is situated at Vatva GIDC in Gujarat. The facility is spread over 2 storeyed 700 sq. meters in area. The company is
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Object of Issue
  • Funding the working capital requirements of the Company
  • General Corporate Purposes

Mahickra Chemicals SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Apr, 2018
IPO Size :
5.25 Cr.
IPO Subscription :
27.85 X     
PE Multiple :
37.00
IPO Registrar:
Bigshare Services Private Limited
Anchor Investors:

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FAQs

Mahickra Chemicals operates in Chemical and Manufacturing Of Reactive Dyes. The Issue is listed on NSE EMERGE in Apr, 2018. Mahickra Chemicals IPO size was 5.25 Cr. with Issue price of 25.00 .

Mahickra Chemicals IPO subscription was 27.85 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Mahickra Chemicals IPO listed at a listing price of 36.75 against the offer price of 25.00.

The current market price of Mahickra Chemicals is 106.05.

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