Mandhana Industries Ltd IPO price band Rs 120 to Rs 130
Mandhana Industries Ltd (MIL) announced its initial public offering (IPO) and it’s opening on 27-Apr-2010 and close on Apr 29, 2010. The company issue 83, 00,000 “equity shares” and price band for the issue is Rs 120 to Rs 130. Fase value is Rs10 per shares and Tick Size is Re.1. Issue Type is Book Building.
Setting up of new garment manufacturing capability at MIDC, Tarapur and Expansion of yarn dyeing 
and weaving facility at MIDC, Tarapur, in the State of Maharashtra is a objects for Issue.
Mandhana Industries Limited has office at Mumbai Delhi, Bangalore and Chennai.
MIL is integrated textile and garment manufacturing company in India and having presence across operations ranging from yarn dyeing to garment manufacturing, designing, yarn dyeing, weaving, processing, it was incorporated in 1984.
31-Mar-06, Mandhana Industries Limited has reported profit after tax of Rs 1,212.63 Lakhs (total income of Rs 18,134.79 Lakhs). 31-Mar-08, profit after tax of Rs 3,530.38 Lakhs (total income of Rs 40,693.94 Lakhs). 31-Mar-09, it has posted profit after tax of Rs 3,656.42 Lacks (total income of Rs 46,325.17 Lakhs).
Market Lot is 50 and Minimum Order Qty is 50.
CRISIL has assigned Grade 3 to Mandhana Industries Ltd(MIL) initial public offer. This indicating company ‘Average Fundamentals’. CRISIL assigns IPO grading on a scale of 5 to 1, the Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.
Address; Plot number C-3, MIDC, Tarapur Industrial Area, Boisar, Thane-401 506, Maharashtra.
Conduct details
Email address ipo@mandhana.com Website url http://www.mandhana.com.
Phone number; 91-25-25272228/29 Fax detail 91-25-25260251.
Book Running Lead Manager Edelweiss Capital Ltd., Axis Bank Ltd.
Related Post :
Tags: initial public offering, IPO Allotment, ipo news
