MRC Exim IPOBusiness description – MRC Exim is engaged in the business of trading of various industrial, metals and alloy products including iron and steel. The company is a multi-product trading company with a diverse product portfolio. It started the trading business from the last quarter of FY 2016. The portfolio of metal products currently being traded by MRC Exim includes the following:

Industrial Products: GI Pipes, Insulators, Transmitter, Heat Exchangers, Conductors, Water Pumps,

Alloys & Metal Products: Graphite, Cobalt, Tungsten, Aluminum & Aluminum Sections, Iron & Steel, Steel Products, Coil & Steel Pipe, D1 Tool Steel, D2 Tool Steel, Tool Steel HSD

It directly buys the required products from manufacturers. The company currently serves the corporate and other clients from fabrication and manufacturing industry.

Promoters of MRC Exim – Kirit Kumar Shah and Chandu K Jain

MRC Exim IPO details
Subscription Dates 6 – 8 Dec 2017
IPO Price band INR15 per share
Fresh issue 3,000,000 shares (INR4.5 crore)
Offer for sale Nil
Total IPO size 3,000,000 shares (INR4.5 crore)
Minimum bid (lot size) 8,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform
MRC Exim’s financial performance (in INR lakh)
FY2016 FY2017 9M FY2018
Total revenue 409.5 1,669.8 907.4
Total expenses 406.9 1,648.3 895.1
Profit after tax 1.3 11.9 4.6

MRC Exim Limited
106, Siddhesh Apartment, 2nd Khattar gali
Thakurdwar Road, Charni Road East
Mumbai – 400 004

Phone: +91 22 2203 1638
Email: [email protected]

Day Subscription (no. of times)
Day 1 0.52
Day 2 1.31
Day 3 6.16

Earnings Per Share (EPS): INR0.53

Price/Earnings (P/E) ratio: 28.24

Return on Net Worth (RONW): 1.59%

Net Asset Value (NAV): INR25.19 per share

Purva Sharegistry India Private Limited
Unit no. 9, Shiv Shakti Industrial Estate,
JR Boricha Marg, Lower Parel (E)
Mumbai – 400 011

Phone: +91 22 2301 6761
Fax: +91 22 2301 2517
Email: [email protected]

MRC Exim IPO allotment status is now available on Purva Sharegistry’s website. Click on this link to get allotment status.

IPO Opening Date: 6 December 2017

IPO Closing Date: 8 December 2017

Listing Date: 18 December 2017

Listing Price on BSE SME: INR15 per share (no change from IPO price)

Closing Price on BSE SME: To be updated


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