Madhav Copper Limited IPO
Madhav Copper Ltd (MCL) is engaged in the manufacturing and supply of enamelled copper wire and poly wrap submersible winding wire under the brand name Madhav Copper. MCL also offers enamelled, copper rod profile and poly-wrap submersible winding wires suitable for industrial application in transformers, motors, alternators, contractors, and relays. Company product is also suitable for use in high-speed coil winding machines. The copper conductors are manufactured from copper and insulated with high thermal class engineered insulation material, which provides dielectric properties and resistance to stress cracking.
MCL is promoted by Nilesh Patel who has experience in LME copper trading and Rohitbhai Chauhan who has a decade of experience in the field of copper wire manufacturing.
Objects of the Madhav Copper Limited IPO:
Madhav Copper Limited IPO Details:
|Open Date:||Jan 23 2017|
|Close Date:||Jan 27 2017|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Issue Size:||4.48 Cr.|
|Lot Size:||1600 Shares|
|Issue Price:||₹ 81 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Feb 06 2017|