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Mahickra Chemicals Limited IPO

Mahickra Chemicals Limited

Issue Open

Apr 16, 2018

Price Band

₹ 24 - ₹ 25

Issue Size

₹ 5.25 Cr

Credit of Shares to Demat

-

Issue Close

Apr 18, 2018

Bid Lot

6000

Listing Exchange

NSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Book Built Issue IPO

Minimum Order Quantity

6000

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Apr 26, 2018

Refunds

-

About the company:

Mahickra Chemicals Limited is a Gujarat based company involved in manufacturing and trading of reactive dyes. It also offers specialty performance chemicals to the Textile Dyeing and printing industry. The company has a production capacity of approx. 900 tons per annum. There are 18+ employees on the payroll of the company

Date of establishment: The company was formed in 1994 in Gujarat.

Product & Service Offering: The company manufactures more than 40 reactive dyes.  

Promoters of Mahickra Chemicals limited: Miteshkumar Champaklal Gandhi, Ashishkumar Champaklal Gandhi and Komal Mitesh Gandhi are the promoters of Mahickra Chemicals Limited

Customer segment: The company offers its products to textiles, garments textile dyeing and printing industry.

Objects of the Issue: The object of the Issue are:

1. maintaining the working capital;
2. General Corporate Purposes

Company Financials

 

Particulars

For the year/period ended (in Rs. Lacs)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

2562.24

1817.89

1781.93

2089.50

1063.95

 

Total Revenue

4225.85

3478.82

4275.15

4355.99

1932.94

 

Profit After Tax

35.27

15.17

8.60

17.36

9.31

 

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