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Issue Open Date
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08-Sep-23
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Issue Closing Date
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12-Sep-23
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Application Money
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100
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Allotment Money
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Price Band
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102
-
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Minimium Application No.
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1200
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Issue Size (Shares)
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3048000
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Market Lot
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1
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Objective
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1. Purchase of Plant and Machinery for setting up of Manufacturing unit;2. Funding working capital requirements; and3. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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192091200
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Qualified Institutional Buyers
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16706400
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Retail Individual Investors
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293566800
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Business Description
Our Company, Meson Valves India Limited is engaged in the business of supplying of valves, actuators, Strainers andremote-control valves systems to the industries both in domestic and international markets. We supply mainly to Naval, Oiland gas industries, Power, Refineries and General Industries, both in domestic and international markets.Our Company is engaged in the business of assembling, buying, selling, distributing, importing, exporting or otherwisedealing in products like valves, actuators, remote control system, control cabinets, tanks, visualization system, piping,pumps, fittings, gaskets, flanges and measurement devices. We also deal in installation, maintaining, servicing or otherwisehandling of equipment and services that control and manage all products like valves, actuators, remote control system,control cabinets, tanks, visualization system, piping, pumps, fittings, gaskets, flanges and measurement devices.
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Promoter's Holding
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Total Share Capital
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3335942
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Offered to Public
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3048000
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Promoter's Holding (Pre-Issue)
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46.91
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Promoter's Holding (Post-Issue)
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32.83
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Address |
Plot No. L-45 First Floor Software Technology Park Verna Industrial Estate Verna Salcete
South Goa,
Goa,
403722
Phone : 0832-2954198
Email : investor@mvi.ltd
Website : www.mvi.ltd
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Registrar |
Maashitla Securities Pvt Ltd.
451 Krishna Apra Business Square Netaji Subhash Place Pitampura New Delhi
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Listed at |
BSE
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Lead Manager |
Shreni Shares Pvt Ltd.
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Promoters |
Brijesh Madhav Manerikar India Futuristic Marine Pvt Ltd Swaroop Raghuvir Natekar Vivekanand Maruti Redekar
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