49  Total SME IPOs listed in 2025

2,236.81 Crs.  Total funds raised in 2025

33  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

49  Total SME IPOs listed in 2025

2236.81 Crs.  Total funds raised in 2025

33  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

49  Total SME IPOs listed in 2025

2236.81 Crs.  Total funds raised in 2025

33  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

49  Total SME IPOs listed in 2025

2236.81 Crs.  Total funds raised in 2025

33  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

MCON Rasayan India Limited IPO (MCON Rasayan India IPO) Details

MCON Rasayan India Limited is an Chemical - Paint And Adhesives based company, located in Mumbai, MCON Rasayan India Limited IPO size was 6.84 Cr. and was issued at 40.00 per share. The share of MCON Rasayan India Limited were listed at 48.00 per share and are currently trading at 124.05 per share.

Type :
Sub Sector : Manufacturing Modern Building Materials
SME IPO
NSE EMERGE

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

Revenue :
26.10 Cr.

PAT :
1.72 Cr.

Pricing Report

Issue Price :
40.00

Listing Price :
48.00

Current Market Price :
124.05

Issue Price vs CMP :
84.05 (210.13%)

listing Price vs CMP :
76.05 (158.44%)

Performance Report (CAGR* wise)

CAGR : 74.76
-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.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About MCON Rasayan India

Company Information
MCON Rasayan is in the business of manufacturing, marketing and selling of modern building materials and construction chemicals with a suite of more than 80 products which includes a range of construction materials and construction chemicals in both powder and liquid forms. Their powder products such as ready mix plaster, tile adhesives, block adhesives, wall putty, micro concrete & polymer mortar, engineering non shrink grouts and floor hardeners are widely used in the building construction segment. Their liquid portfolio having products such as poly-urethane (PU) based liquid membrane, bonding agents, paints, anti-corrosive coatings, concrete admixtures and curing compounds. Their products are marketed and sold under the “MCON” brand. They have two manufacturing plants in Valsad and Navsari, Gujarat. Their plant at GIDC Sarigam, Valsad, Gujarat
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Object of Issue
  • Funding the working capital requirements of the company
  • General Corporate Purposes

MCON Rasayan India SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Mar, 2023
IPO Size :
6.84 Cr.
Market Cap :
25.22 Cr.   
IPO Subscription :
384.64 X     
PE Multiple :
14.71
IPO Registrar:
Link Intime India Private Limited
Anchor Investors:
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FAQs

MCON Rasayan India operates in Chemical - Paint And Adhesives and Manufacturing Modern Building Materials. The Issue is listed on NSE EMERGE in Mar, 2023. MCON Rasayan India IPO size was 6.84 Cr. with Issue price of 40.00 .

MCON Rasayan India IPO subscription was 384.64 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.

MCON Rasayan India IPO listed at a listing price of 48.00 against the offer price of 40.00.

The current market price of MCON Rasayan India is 124.05.

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