Meson Valves India IPO is a book build IPO listing on BSE SME exchange. The company is based in Goa and caters to Valves sector. Shreni Shares is the merchant banker of Meson Valves India IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 12th July 2023.
Meson Valves India IPO open date is 8th September 2023 and close date is 12th September 2023. IPO Allotment Date is 15th September 2023 and Listing date is 21st September 2023.Meson Valves India IPO size is Rs 31.09 Cr. crores with IPO price of Rs 102.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Shreni Shares Limited is the book-running lead manager of the Meson Valves India IPO. Maashitla Securities Private Limited is the Registrar and Market Maker is Shreni Shares Limited for Meson Valves India IPO.
Meson Valves India IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Meson Valves India IPO, based in Goa, operates in the Valves sector with a focus on valves. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Meson Valves India IPO size is ₹ 31.09 Cr. Crores with fresh issue size of Rs 31.09 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Meson Valves India IPO is expected to be 15th September 2023, after the finalization of basis of allotment. Investors can check Meson Valves India IPO allotment status on the registrars website, Maashitla Securities Private Limited. Meson Valves India IPO refund dates are 18th September 2023.
Meson Valves India IPO is expected to be listed on 21st September 2023.
The upper price band for the Meson Valves India IPO is set at ₹ 102.00 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 Meson Valves India 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 Meson Valves India 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 12th September 2023. After submission, funds are blocked until the basis of allotment of Meson Valves India IPO is finalised.
The merchant banker for Meson Valves India IPO is Shreni Shares Limited . Shreni Shares Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Meson Valves India IPO RHP for further details.
The registrar for Meson Valves India IPO is Maashitla Securities Private Limited. Investors can go to Maashitla Securities Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Meson Valves India IPO through their official website or helpline.
Meson Valves India IPO was subscribed 173.65 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Meson Valves India IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Meson Valves India Financial Review Page
Merchant Banker(s) of Meson Valves India IPO: Shreni Shares Limited
Meson Valves India IPO subscription was 173.65 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.
Meson Valves India IPO listed at a listing price of 203.45 against the offer price of 102.00.
The current market price of Meson Valves India is 397.20.
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