Manaksia Limited | |
Period | 17 to 19 Dec 2007 |
Size (Equity shares) | 15,500,000 |
Reserved for Retail | 5,390,000 (35%) |
Type | 100% Book Building |
Face Value | Rs. 2- |
Price Range | Rs 140 to 160 |
Market Lot | 40 Shares |
Max shares Retails investor can apply at cut off | 160 shares (Rs.96000) |
Registrar | Intime Spectrum Registry Ltd |
Registrar's email | |
Lead Manager | ICICI SECURITIES LIMITED. |
Listing | BSE, NSE, CSE |
Grading | Already listed company |
About the company | |
Manaksia is a multi division and multi location company focusing on manufacturing of value added metal products and metal packaging products. Manaksia commenced operations as manufacturer of metal closures in 1984 but has diversified their business into metal products and mosquito coil. The company has fifteen manufacturing units in India and three abroad; two in Nigeria and one in Ghana. Their business can be categorized into (a) metal products; (b) packaging products; (c) mosquito coils; and (d) engineering and others. Their metal products include aluminium alloy ingots, rolled sheets/coils, galvanized steel sheets/coils, color coated metal sheets and Sponge Iron. Their packaging products comprise of ROPP caps, crown closures, plastic caps and metal containers. The company are a third party manufacturer of mosquito coils for reputable brands. | |
Objects of the Issue | |
(a) expansion of metals business by purchase of capital equipment, (b) prepayment of certain term debt and (c) for general corporatepurposes. | |
December 16, 2007
Manaksia Limited – IPO
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