MCON Rasayan IPO Details: MCON Rasayan IPO date is certain, the IPO open on March 6th and closes on March 9, 2023. MCON Rasayan is a NSE SME IPO to raise ₹8.00 crores about IPO. The MCON Rasayan IPO price range is fixed at €40 with a market lot 3000 shares.
MCON Rasayan India Limited is a leading manufacturer and supplier of high-quality construction chemicals and building materials in India and the overseas market. The company is certified as a company according to ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018. They have more than 80 products including building materials and construction chemicals in powder and liquid form.
The powder product range includes ready-to-use plasters, tile adhesives, block adhesives, wall fillers, micro-concrete and polymer mortars, non-shrink grouts and floor hardeners. Liquid’s product range includes polyurethane (PU)-based liquid membranes, adhesion promoters, paints, anti-corrosion coatings, concrete admixtures and curing compounds. MCON Rasayan has a good network of more than 400 dealers. MCON has diversified its product range with a focus on the needs of customers in the paint industry with high quality wall filler and exterior structural paint. Some of their regular customers are Lodha, L&T, Satellite, Omkar, Acme, Indiabulls, Seth, etc.
Objects of the output:
- Funding of the company’s working capital needs.
- General Business Purposes.
Review of MCON Rasayan IPO
| Date | GMP | Kostak | Subject to |
| 4th of March | ₹25 | €- | ₹55000 |
MCON Rasayan IPO Date and Price Band Details
| IPO open: | March 6, 2023 |
| Close IPO: | March 9, 2023 |
| IPO size: | Approx ₹8.00 crores, 2,000,000 shares |
| face value: | €10 Per equity share |
| IPO price range: | €40 Per equity share |
| Stock exchange listing on: | NSE SME |
| Retail Quota: | 50% of net supply |
| NII rate: | 50% of net supply |
| DRHP prospectus draft: | Click here |
| RHP prospectus draft: | Click here |
MCON Rasayan IPO market lot
The minimum market lot for the MCON Rasayan IPO is 3,000 shares with an application amount of ₹120,000.
| Application | batch size | shares | Crowd |
| retail minimum | 1 | 3000 | £120,000 |
| retail maximum | 1 | 3000 | £120,000 |
| S-HNI minimum | 2 | 6000 | £240,000 |
MCON Rasayan IPO Dates
The IPO date of MCON Rasayan is March 6th and the closing date of the IPO is March 9th. The IPO grant date is March 14 and the IPO could be listed on March 17.
| IPO opening date: | March 6, 2023 |
| IPO Closing Date: | March 9, 2023 |
| Allocation basis: | March 14, 2023 |
| Refunds: | March 15, 2023 |
| Credit to Demat account: | March 16, 2023 |
| Date of listing: | March 17, 2023 |
You can check the IPO subscription status and IPO allotment status on the respective pages.
MCON Rasayan IPO Form
How to apply for MCON Rasayan IPO? You can apply for MCON Rasayan IPO through ASBA on your bank account. Just go to online bank login and apply through your bank account by selecting MCON Rasayan IPO in invest section. In the other option, you can apply for MCON Rasayan IPO through IPO forms downloaded through NSE website. Check out the MCON Rasayan forms – click Download NSE IPO Forms, fill them out and submit them to your bank or broker.
MCON Rasayan Company Financial Report
| ₹ in crores | |||
| Year | revenue | Expense | BEAT |
| 2020 | €8.97 | €8.92 | ₹0.04 |
| 2021 | ₹9.00 | €8.75 | ₹0.19 |
| 2022 | €19.22 | €18.63 | €0.44 |
| 2023 3M | £6.54 | €6.2 | €0.23 |
MCON Rasayan IPO Rating – FY2022
Check the details of MCON Rasayan IPO ratings such as:
| Earnings per share (EPS): | £2.96 per common share |
| Price-Earnings-P/E: | THE |
| Return on Net Worth (RoNW): | 20.06% |
| Net Asset Value (NAV): | £14.75 per common share |
peer group
- Asian colors limited
- Pidilite Industries Limited
- Kansai Nerolac Paints Limited
MCON Rasayan IPO Registrar
Link Intimate India Private Ltd
Telephone: +91-22-4918 6270
E-mail: [email protected]
Website: https://linkintime.co.in/
MCON Rasayan IPO Allocation Status
Check MCON Rasayan IPO Allotment Status on Linkintime Website URL. Click here
IPO Lead Manager of MCON Rasayan
- GYR Capital Advisors Limited
company address
MCON Rasayan India Limited
101/A, 1st floor, Maxheal House, Plot-169
CTS-104 Bangur Nagar, Goregaon West,
Near Ayyappa Temple, Mumbai – 400090
Telephone: +91 86559 88698
E-mail: [email protected]
Website: http://www.mconrasayan.com/
MCON Rasayan IPO Frequently Asked Questions
What is the MCON Rasayan IPO?
MCON Rasayan IPO is a NSE SME IPO. You will raise ₹8.00 crores through the IPO. The issue costs ₹40 per share. The IPO is to be listed on the NSE.
When will MCON Rasayan IPO open?
The IPO is scheduled to open on March 6, 2023 for NII and retail investors.
What is the MCON Rasayan IPO Investor Share?
The investor share is 50% for NII and 50% for Retail.
How to apply for MCON Rasayan IPO?
You can apply for MCON Rasayan IPO through ASBA online through your bank account. You can also apply for ASBA online through UPI through your stockbroker. You can also apply through your stockbroker by filling out the offline form.
How to apply for MCON Rasayan IPO through Zerodha?
Log in to the console on the Zerodha website or application. Go to Portfolio and click IPO. You will see the IPO name “MCON Rasayan”. Click on the bid button. Enter your UPI ID, quantity and price. Submit IPO application form. Now go to your UPI app on Net Banking or BHIM app to approve the mandate. Open a Demat account with Zerodha.
How to file for MCON Rasayan IPO via Upstox?
Login to the Upstox application with your credentials. Select the IPO. You will see the IPO name “MCON Rasayan”. Click on the bid button. Confirm your application. Now go to your UPI app on Net Banking or BHIM app to approve the mandate. Open a demat account with Upstox.
How to Apply MCON Rasayan IPO via Paytm Money?
Log in to the Paytm Money application with your credentials. Select the IPO. You will see the IPO name “MCON Rasayan”. Click on the bid button. Confirm your application. Now go to your UPI app on Net Banking or BHIM app to approve the mandate. Open a Demat account with Paytm Money.
What is the MCON Rasayan IPO size?
MCON Rasayan IPO size is ₹8.00 crores.
What is the MCON Rasayan IPO price range?
MCON Rasayan IPO price range is ₹40 per share.
What is the minimum and maximum lot size of MCON Rasayan IPO?
The IPO bid is 3000 shares at £120,000.
What is the MCON Rasayan IPO grant date?
The grant date for the MCON Rasayan IPO is March 14, 2023.
What is the MCON Rasayan IPO listing date?
MCON Rasayan’s IPO date is March 17, 2023. The IPO is scheduled to be listed on the NSE SME. Note: MCON Rasayan IPO details will be officially announced. The IPO gray market premium (MCON Rasayan IPO Premium) will be updated on the respective page. Visit our IPO gray market page for daily updates.)
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