Mehai Technology Limited IPO
Mehai Technology Ltd is engaged into manufacturing of LED Bulbs, Fixtures, Moon Light Bulbs, Tubelights as well as assembling of Pen Drives and Power Banks.
They sell their products through a set of dealers/distributors who place their order and after receipt of order, they cater to their markets. They majorly sell through online portals viz Flipkart, eBay, Amazon, Shopclues, PayTM etc.
They are in process of launching IC based LED bulbs, this will place their brand among reputed LED lighting manufacturers. They are also planning to manufacture of Pen Drives in near term.
Objects of the Mehai Technology Limited IPO:
1. To meet the working capital requirements of the Company 2. General Corporate Purposes 3. Issue Expenses.
Mehai Technology Limited IPO Details:
|Open Date:||Sep 25 2017|
|Close Date:||Sep 28 2017|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Issue Size:||6.00 Cr.|
|Lot Size:||3000 Shares|
|Issue Price:||₹ 40 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Oct 09 2017|
Promoters And Management:
1. Mr.Sudhir Ostwal 2. Ms. Shalini Jain
Lead Manager of Mehai Technology Limited IPO:
Registrar of Mehai Technology Limited IPO:
Mehai Technology Limited 64, Thatha Muthiappan Street, 2nd Floor, Broadway, Chennai – 600001 Phone: 044-43165050 Fax: 044-45004730 Email: firstname.lastname@example.org Website: www.mehaitech.com