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Meson Valves India Ltd
  • Registered Office: # L-45 1st Flr Software Techno,-logy Park Verna Ind E Salcete, Verna - 403722, Goa, India. Phone : 08322954198   Fax:
  • Email : investor@mvi.ltd
  • Website :www.mvi.ltd
Initial public offering of 30,48,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Meson Valves India Limited ("MVIL" or "The Company" or "The Issuer") for cash at a price of Rs. 102/- per equity share (including a premium of Rs. 92/- per equity share) ("Issue Price") aggregating to Rs. 31.09 crores ("The Issue") of which 1,56,000 equity shares aggregating to Rs. 1.59 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 28,92,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 102/- per equity share aggregating to Rs. 29.50 croress ("Net Issue"). The issue and the net issue will constitute 30.00% and 28.46% of the post issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is 10.2 times of the face value.
Issue
Opens On Closes On
08-Sep-23 12-Sep-23
Money Payable On
Application Allotment
102.00 0.00
Minimum Application for shares in Nos : 1200 Further Multiples of : 1200
Cr Lead Managers to the Issue
Project Cost (.Cr) 30.58 Shreni Shares Ltd
Project Financed through Current Offer (.Cr) 31.09  
Post Issue Equity Share Capital (.Cr) 10.16
Issue Price () 102.00
Projects
Purchase of plant and machinery for setting up of Manufacturing unit
Funding working capital requirements
General corporate purposes
Promoted By
Brijesh Madhav Manerikar
Swaroop Raghuvir Natekar
Vivekanand Maruti Redekar
Listing At
BSE - SME
Registrar to the Issue
Maashitla Securities Pvt Ltd