Mehai Technology IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 6.00 Cr. The company is based in Chennai and caters to Electric Equipments sector. Spa Capital Advisors is the merchant banker of Mehai Technology IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 6th September 2017.
Mehai Technology IPO open date is 25th September 2017 and close date is 28th September 2017. IPO Allotment Date is 30th November -0001 and Listing date is 9th October 2017.Mehai Technology IPO size is ₹ 6.00 Cr. with IPO price of ₹ 40.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Spa Capital Advisors Limited is the book-running lead manager of the Mehai Technology IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Guiness Securities Limited for Mehai Technology IPO.
Mehai Technology IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Mehai Technology IPO, based in Chennai, operates in the Electric Equipments sector with a focus on manufacturing of LED Bulbs Fixtures Moon Light Bulbs Tubelights as well as assembling of Pen Drives and Power Banks. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Mehai Technology IPO size is ₹ 6.00 Cr. with fresh issue size of ₹ 6.00 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Mehai Technology IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Mehai Technology IPO allotment status on the registrars website, Bigshare Services Private Limited . Mehai Technology IPO refund dates are 30th November -0001.
Mehai Technology IPO is expected to be listed on 9th October 2017.
The upper price band for the Mehai Technology IPO is set at ₹ 40.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Mehai Technology IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Mehai Technology IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 28th September 2017. After submission, funds are blocked until the basis of allotment of Mehai Technology IPO is finalised.
The merchant banker for Mehai Technology IPO is Spa Capital Advisors Limited . Spa Capital Advisors Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Mehai Technology IPO RHP for further details.
The registrar for Mehai Technology IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Mehai Technology IPO through their official website or helpline.
Mehai Technology IPO was subscribed 0.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Mehai Technology IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Mehai Technology Financial Review Page
Merchant Banker(s) of Mehai Technology IPO: Spa Capital Advisors Limited
Mehai Technology IPO subscription was 0.00 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.
Mehai Technology IPO listed at a listing price of 34.50 against the offer price of 40.00.
The current market price of Mehai Technology is 16.75.
Why Us?