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IPO Synopsis  
Mehai Technology Ltd
Registered Office: [ B-40 Sudarshanpura Indl Are , , Jaipur - 302006 , Rajasthan , India.
                                  Phone:   Fax:
                                  Email: cs@mehai.co.in  
                                  Website: www.mehaitech.co.in
Public issue of 15,00,000 equity shares of face value of Rs10/- each fully paid up of Mehai Technology Limited ("MTL" or the "company" or the "issuer") for cash at a price of Rs40/- per equity share (the "issue price") (including a share premium of Rs30/- per equity share aggregating Rs6.00 Crores (the "issue") by the company, of which 78,000 equity shares of Rs10/- each fully paid up will be reserved for subscription by market maker to the issue ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 14,22,000 equity shares of Rs10/- each fully paid up is hereinafter referred to as the "net issue". The issue and the net issue will constitute 28.01% and 26.55% respectively of the post issue paid up equity share capital of the company The face value of the equity shares is Rs10/- each. The issue price is Rs40/- the issue price is 4.00 times the face value.
 
Issue Money Payable On
Opens On Closes On Application Allotment
25-Sep-17 28-Sep-17 Rs 40.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos : 3000   Further Multiples of : 3000
 
  Rs Cr Lead Managers to the Issue
Project Cost 6.00 SPA Capital Advisors Ltd
Project Financed through Current Offer 6.00  
Post Issue Equity Share Capital 5.36  
Issue Price Rs.40.00  
 
Projects
Working capital requirements  General corporate purposes 
 
Promoted By
Sudhir Ostwal 
Shalini Jain 
Listing At
BSE - SME 
Registrar to the Issue
No Data Found.
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