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MCON Rasayan India SME IPO Date, GMP, Price, Review, Allotment

Copy of Harsha Engineers IPO GREY MARKET PREMIUM 19

Incorporated in 2016, MCON Rasayan India Limited is in the business of manufacturing, marketing, and selling of modern building materials and construction chemicals. The company has a suite of more than 80 products including a range of construction materials and construction chemicals in both powder and liquid forms.

Powder products of the company are:

  • Ready mix plaster
  • Tile adhesives
  • Block adhesives
  • Wall putty
  • Micro concrete & polymer mortar
  • Engineering non-shrink grouts
  • Floor hardeners

Liquid Form products include:

  • Poly-urethane (PU) based liquid membrane
  • Bonding agents
  • Paints
  • Anti-corrosive coatings
  • Concrete admixtures
  • Curing compounds
Date GMP Kostak Subject To Sauda
15 March 2023₹20₹-₹55000
14 March 2023₹25₹- ₹55000
13 March 2023₹25₹- ₹55000
12 March 2023₹25₹- ₹55000
11 March 2023₹25₹- ₹55000
10 March 2023₹25₹- ₹55000
09 March 2023₹25₹- ₹55000
08 March 2023₹25₹- ₹55000
07 March 2023₹25₹- ₹55000
07 March 2023₹25₹- ₹55000
06 March 2023₹25₹- ₹55000
05 March 2023₹25₹- ₹55000
04 March 2023₹25₹- ₹55000
03 March 2023₹25₹- ₹55000
02 March 2023₹25₹- ₹55000
01 March 2023₹25₹- ₹55000
28 February 2023₹25₹- ₹55000

MCON Rasayan India SME IPO Date & Price Band.

 IPO Open:Mar 6, 2023
 IPO Close:Mar 10, 2023
 IPO Size:6.84 Crores
 Price Band:₹40 per share
 Listing on:NSE SME
 Retail Portion:50% of the Net Issue
 Equity:1,710,000 shares
Face Value: ₹10 per share

MCON Rasayan India SME IPO Market Lot

The MCON Rasayan IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹120,000).

Shares: Minimum 3000 share

Minimum Amount: ₹120,000

Maximum Amount: ₹120,000

MCON Rasayan India SME IPO Allotment & Listing:

  • Basis of Allotment: Mar 15, 2023
  • Refunds: Mar 16, 2023
  • Credit to Demat accounts: Mar 17, 2023
  • Listing: Mar 20, 2023

MCON Rasayan India SME IPO Form

How to apply MCON Rasayan IPO? You can apply MCON Rasayan IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the MCON Rasayan IPO in the Invest section. The other option you can apply MCON Rasayan IPO via IPO forms download via the NSE website. Check out the MCON Rasayan forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


MCON Rasayan India SME Company Financial Report

Period EndedTotal AssetsTotal RevenueProfit After Tax

MCON Rasayan India SME IPO Valuation – FY2022

Earning Per Share (EPS):2.96 per Equity Share
Price/Earning P/E Ratio:NA
Return on Net Worth (RoNW):20.06%
Net Asset Value (NAV):14.75 per Equity Share

Peer Group

  • Asian Paints Limited
  • Pidilite Industries Limited
  • Kansai Nerolac Paints Limited

Company Promoters

  • Mahesh Ravji Bhanushali

MCON Rasayan India SME IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: [email protected]

Company Address

MCON Rasayan India Limited
101/A, 1st floor, Maxheal House, Plot-169
CTS-104 Bangur Nagar, Goregaon West,
Near Ayyappa Temple, Mumbai- 400090
Phone: +91 86559 88698
Email: [email protected]

Quick Links:

 MCON Rasayan India IPO DRHP

About MCON Rasayan India SME IPO

MCON Rasayan India IPO opens on Mar 6, 2023, and closes on Mar 9, 2023. The MCON Rasayan India IPO bid date is from Mar 6, 2023 10.00 A.M. to Mar 9, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Read Also
MCON Rasayan India SME Allotment Status
MCON Rasayan India SME IPO Listing Date MCON Rasayan India SME IPO Subscription (Live)

Objects of the Issue:

  • Financing the expenditure for opening new stores.
  • To repay of short term borrowings.
  • To meet Working Capital requirements.
  • General Corporate Purpose.
  • To meet issue expenses

MCON Rasayan India SME IPO FAQs

What is MCON Rasayan India SME IPO Open Date for QIB, NII, and Retail?

MCON Rasayan India SME IPO will open on Mar 6, 2023

MCON Rasayan India SME IPO Size?

MCON Rasayan India IPO size is Approx ₹6.84 Crores

MCON Rasayan India SME IPO Price Band?

MCON Rasayan India SME IPO Price Band is ₹40 per share

MCON Rasayan India SME IPO Minimum Lot Size?

The minimum bid is 3000 Shares with a ₹120,000 Minimum Lot Size.

What is MCON Rasayan India SME IPO Allotment Date?

MCON Rasayan India SME IPO allotment date is Mar 14, 2023

What is MCON Rasayan India Listing date ?

MCON Rasayan India SME IPO listing date is Mar 20, 2023. The IPO is to list on NSE SME.

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