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IPO

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Macpower CNC Machines Ltd
Issue Open Date 12-Mar-18  
Issue Closing Date 14-Mar-18  
Application Money 100  
Allotment Money  
Price Band 126 - 140  
Minimum Bid Quantity. 1000  
Issue Size (Shares) 2615000  
Market Lot 1  
Objective :
1. Setting Up Backward Integration Facility2. General Corporate Purpose.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     2368000    
Qualified Institutional Buyers     737000    
Retail Individual Investors     737000    
Business Description
Established in 2003 our Company is engaged in manufacturing of CNC Turning Centers, Vertical MachiningCenters, Horizontal Machining Centers, Cylindrical Grinder, Vertical Turret Lathe, Turn Mill Centers, DrillTap Center, Twin Spindle VMC and also Multi Tasking, 5-axi... More >>
Promoter's Holding
Total Share Capital   6768000  
Offered to Public   2615000  
Promoter's Holding (Pre-Issue)   94.09  
Promoter's Holding (Post-Issue)   39.71  
Address
Plot No.2234
Nr. Kranti Gate
G I D C Metoda
Taluka- Lodhika
Rajkot ,
Gujarat ,
360021
Phone : 02827 287930/31/32
Email : info@macpowercnc.com
Website : www.macpowercnc.com
Registrar
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
NSE
Lead Manager
Pantomath Capital Advisors Pvt Ltd.
Promoters
Nikesh Mehta
Rupesh Mehta