Business 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]
Website: www.mrcexim.co.in
| 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]
Website: www.purvashare.com
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
