Madhav Copper Limited IPO

Apply 0
Avoid 0

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.

Madhav Copper Limited IPO Stock Quote & Charts

119.80

+4.17%

  • Open: 118.95
  • High - Low: 126.50 - 115.00
  • Previous Close: 115.00
  • Total Traded Volume: 40800
  • Updated On: 24-Dec-2019

Objects of the Madhav Copper Limited IPO:

The object of the Issue is to fulfil Working Capital requirements and General Corporate Purpose

Madhav Copper Limited IPO Details:

Open Date: Jan 23 2017
Close Date: Jan 27 2017
Total Shares: 553,600
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

Lead Manager of Madhav Copper Limited IPO:

  1. Pantomath Capital Advisors Private Limited

Registrar of Madhav Copper Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

Madhav Copper Limited Plot No. 2107/D, Office No. 203, 2nd Floor, D&I Excelus, Waghawadi Road, Bhavnagar, Gujarat 364001 Phone: +91 278 2221034 Email: investors@madhavcopper.com Website: www.madhavcopper.com

Discussion on Madhav Copper Limited IPO:

Leave a Reply