Business Standard

Mohini Health & Hygiene Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

20.71 cr

Price Range (₹)

42

Lot Size

3000

Min Investment (₹)

1,26,000.00

Listing Exchange

NSE - SME

Open Date

05-Feb-2018

Close Date

07-Feb-2018

Listing Date

16-Feb-2018

Mohini Health & Hygiene Ltd News

    The Shares of Mohini Health & Hygiene Ltd have now been listed.

    Mohini Health & Hygiene Ltd IPO Details

    Initial public offer consisting of fresh issue of 49,32,000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 42 per equity share (the issue price) (including a share premium of Rs. 32 per equity share) aggregating Rs. 20.71 crores (the issue), of which upto 2,49,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 42/- per equity share, aggregating Rs. 1.05 crores well be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 46,83,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 42/- per equity share, aggregating Rs. 19.67 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 27.05% and 25.68% respectively of the fully diluted post issue paid up equity share capital of the company.The face value of the equity shares is Rs.10 each.Ths issue price is Rs.42 and is 4.2 times the face value of equity shares.

    Objective of issue

    Repayment / Prepayment of certain unsecured borrowings by the company. Funding the working capital requirements of the company. General corporate purposes.

    Mohini Health & Hygiene Ltd Contact Details

    Mohini Health & Hygiene Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - avnish@mohinifibers.com

    Website - www.mohinihealthandhygiene.com