The MRC Exim IPO date has been confirmed to have started on December 6, 2017 and ended on December 8, 2017.
Using an IPO, MRC Exim is seeking to raise Rs 4.50 crores. Its price is ₹15 per share.
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Bidding Dates
Dec 6-8
Price Range
₹15 per share
Face Value
₹10 per share
GMP
₹12.75
MRC Exim IPO GMP
The MRC Exim Limited IPO GMP is ₹12.75.
IPO Overview
The MRC Exim IPO has a fixed price of Rs 4.50 crores. Bidding for the MRC Exim IPO began on December 6, 2017 and finished on December 8, 2017. On December 18, 2017, the shares were listed on the BSE SME. The IPO price for MRC Exim is $15 per share.
MRC Exim serves the corporate and other clients from fabrication and manufacturing industry.
MRC Exim IPO Details
| IPO Date | December 6, 2017 to December 8, 2017 |
| Listing Date | December 18, 2017 |
| Face Value | ₹10 per share |
| Price | ₹15 per share |
| Lot Size | |
| Total Issue Size | 3,000,000 shares (aggregating up to ₹4.50 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
MRC Exim IPO Listing Details
| Listing Date | December 18, 2017 |
| BSE Script Code | 540809 |
| NSE Symbol | |
| ISIN | INE333Y01017 |
| Final Issue Price | ₹15 per share |
Company Profile
MRC Exim Limited, founded in October 2015, is a Mumbai-based company that trades various industrial, metals, and alloy goods, including iron and steel. MRC Exim is a multi-product trading firm with an extensive product portfolio. GI Pipes, Insulators, Transmitters, Heat Exchangers, Conductors, Water Pumps, Graphite, Cobalt, Tungsten, Aluminium, Coil & Steel Pipe, D1 Tool Steel, D2 Tool Steel, and Tool Steel HSD are among the products in the company’s product line.
Registrar Info
| Name | Purva Sharegistry India Pvt Ltd |
| Phone number | +91-022-23018261/ 23016761 |
| Email ID | info@mrcexim.co.in |
| Website | purvashare.com |
Contact Details
| Name | MRC Exim Limited |
| Phone number | +91 22 2203 1638 |
| Email ID | info@mrcexim.co.in |
| Website | mrcexim.co.in |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
