MMP Industries Ltd - Prospectus Synopsis

MMP Industries Ltd RHP

Registered Office : 211 Shrimohini , 345 Kingsway , Nagpur - 440001 , Maharashtra , India.

Phone : 91-712-2524645/2533585  Fax : 91-712-2530461

Email : companysecretary@mmpil.com    Website : www.mmpil.com

Public issue of 45,00,000 equity shares of face value of Rs. 10.00 each of MMP Industries Limited (the company or the issuer) for cash at a price of Rs. 188 per equity share (issue price) (including a share premium of Rs. 178 per equity share) aggregating to Rs. 84.60 crores (the issue). of the issue, 2,25,000 equity shares aggregating to Rs. 4.23 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 42,75,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 188 per equity share aggregating to Rs. 80.37 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.57% and 25.24%, respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs.10 each and the issue price is Rs.188 is 18.80 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
28-Mar-2018 04-Apr-2018 Rs 188 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 600 Further Multiples of : 600
  Rs Cr Lead Managers to the Issue
Project Cost 84.6 Guiness Corporate Advisors Pvt Ltd
Project Financed through Current Offer 84.6  
Post Issue Equity Share Capital 16.94  
Issue Price Rs. 188  
Projects
Setting up a new facility for manufacturing of Atomised Aluminium Powder, Pyro and Flake Aluminium Powder and Aluminium Foils
Promoted By Listing At Registrar to the Issue
Arun Bhandari
NSE - SME Bigshare Services Pvt Ltd
 

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