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Business EconomyPosted at: Mar 12 2019 12:25PM


Mahip Industries Limited becomes 288th Company to get listed on BSE SME Platform

Mumbai, Mar 12 (UNI) Mahip Industries Limited became 288th company to get listed on the BSE SME Platform on Tuesday.
Mahip Industries Limited came out with an initial public offering of 51,96,000 Equity Shares of Rs 10 Each For Cash at a price of Rs 32 Per Equity Share, aggregating to Rs 1662.72 lakhs.
The company has successfully completed its public issue on March 1, 2019.
Mahip Industries Limited is a Gujarat based company whose registered office is at Ahmedabad. Committed to offer high quality packaging materials to various industries, it aims to constantly upgrade technology and its range with modernised equipment and advanced technology. With their existence in Gujarat, they are extending
their reach to national and international clients to serve top companies worldwide. Having more than two decades of experience in the packaging industry, they have earned a respectable place among the top players in the industry by offering the best products and services to reputed industries.
Kolkata-based Finshore Management Services Limited was the lead manager for Mahip Industries Limited.
The 288 companies listed on BSE SME Platform have raised Rs 2,943.57 crore from the market and total market capitalisation of 288 companies as on March 12, 2019 is 18,180.91 crore. BSE is the market leader in this segment with a market share of 59.75 per cent.
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Tags: #Mahip Industries Limited becomes 288th Company to get listed on BSE SME Platform
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