IPO Synopsis

Macpower CNC Machines Ltd
Registered Office: Plot No 2234 Nr Krnati Gate,GIDC Metoda Tal Lodhika,Rajkot-360007, Gujarat
Tel. No: 91-02827-287930
Fax No: 91-02827-287933
Email: info@macpowercnc.com
Website: www.macpowercnc.com
Initial public offer consisting of fresh issue of upto 26,15,000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 140 per equity share (the "issue price") (including a share premium of Rs. 130 per equity share) aggregating up to Rs. 36.61 crores (the "issue"), of which upto 1,53,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 140/- per equity share, aggregating Rs. 2.14 crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of upto 24,62,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 10/- per equity share, aggregating Rs. 34.47 crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 26.66% and 25.10% respectively of the fully diluted post issue paid up equity share capital of the company. Offer Price is Rs. 140 per equity share of face value of Rs. 10 each. The Offer price is 14 times the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
12-Mar-2018 14-Mar-2018 ₹140.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 1000 Further Multiples of :1000
(₹ Cr) Lead Managers to the Issue
Project Cost 36.61 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 36.61
Post Issue Equity Share Capital 9.81
Issue Price 140.00
Projects
Setting up backward integration facility
General corporate purpose
Promoted By
Rupesh Mehta
Nikesh Mehta
Listing At
NSE - SME
Registrar To The Issue