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C.Mahendra Exports Ltd.

C.Mahendra Exports Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹110
₹110
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹110
Based on GMP
Min. Investment
₹6,600
1 lot × 60 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
31 Dec 2010
Close Date
06 Jan 2011
Allotment
12 Jan 2011
Listing Date
20 Jan 2011
Exchange
NSE & BSE
Price Band
₹110
Listing Price
See chart
Allotment Status
Price Band
₹110
Per share
Face Value
₹10 per share
 
Lot Size
60 Shares
per lot
Issue Size
1,50,00,000 shares (aggregating up to ₹165.00 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹6,600
1 lot
Pre-IPO Holding
4,50,00,000 shares
Promoters
Post-IPO Holding
6,00,00,000 shares
Promoters
UPI Deadline
2011-01-06
Mandate
Anchor AllotmentThu, 30 Dec 2010
Basis of AllotmentWed, 12 Jan 2011
Refund InitiationThu, 13 Jan 2011
Demat CreditThu, 13 Jan 2011
Listing DayThu, 20 Jan 2011
UPI Mandate Deadline2011-01-06
Sale TypeFresh Capital
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
C.Mahendra Exports Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 06 Jan 2011.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
15,000,000
100% ₹165.00
IPO Shares Offered
C.Mahendra Exports Ltd. IPO total issue size: ₹165.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 15,000,000 ₹165.00
100.00%
* Based on upper price band ₹110 per share
Lot Size & Investment
Lot Size
60
Shares per Lot
Issue Price
₹110.00
Upper Band
Min Investment
₹6,600
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2120₹13,200
Retail (Max — 30 Lots)301,800₹198,000
S-HNI (Min — 31 Lots)311,860₹204,600
B-HNI (Min — 152 Lots)1529,120₹1,003,200
* Issue Price ₹110 × Lot Size 60 shares
IPO Schedule
Anchor
30 Dec 2010
✓ Done
IPO Open
31 Dec 2010
✓ Done
IPO Close
06 Jan 2011
✓ Done
Allotment
12 Jan 2011
✓ Done
Refunds
13 Jan 2011
✓ Done
Demat Credit
13 Jan 2011
✓ Done
Listing Day
20 Jan 2011
✓ Done
C.Mahendra Exports Ltd. — Live Price LIVE
₹110.00
INR · BSE
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Issue ₹110.00 Live Price
About C.Mahendra Exports Ltd.
Incorporated in 1978, C Mahendra Exports Ltd is one of the leading diamantaire and Jewellery Company, engaged is in the business of manufacturing and trading of diamonds, precious stones and jewellery. It is an integrated diamond and diamond jewellery player encompassing sourcing of rough diamonds, trading of rough and polished diamonds, processing of diamonds and manufacture of diamond jewellery.Company's introduced their flagship brand "Ciemme" in 2003, as a life style brand. Under this flagship brand, they sell jewellery products like rings, earrings, necklace sets, bracelets, based on various concepts. In overseas market, they sell jewellery only under "Ciemme" brand name. In USA they sell diamond jewellery to retail outlets through Ciemme (NY) LLC. In Middle East they directly sell it to the customers.Currently, Company has two facilities for cutting and polishing of diamonds at Varachha and Udhana in Surat. Further, Ciemme Jewels Limited owns a jewellery manufacturing facility in MIDC, Andheri, Mumbai. C Mahendra Exports marketing offices spread across Surat, Mumbai, Delhi, Kolkata, Hong Kong, New York, Los Angeles and Antwerp to market cut & polished diamonds to domestic and international markets. They have 8 (eight) exclusive retail stores and 1 (one) franchisee store in India. They obtain grading from reputed diamond certifying institutions like GIA (Gemological Institute of America), IGI (International Gemological Institute) and HRD (Hoge Raad voor Diamant).
Objects of the Issue
1
1 Finance setting up of a diamond processing unit at Gujarat Hira Bourse, SEZ, Ichchhapore, Surat
2
2 Finance setting up of a jewellery manufacturing unit at Mumbai.
3
3 Finance setting up retail outlets
4
4 Finance brand development expenses
5
5 Investment in capital of C. Mahendra BVBA
6
6 General corporate purposes
C.Mahendra Exports Ltd. Financials (Amount In Crore)
Revenue from Operations
₹1,415.6
31-Mar-08
₹1,431.1
31-Mar-09
₹680.6
30-Sep-09
Profit After Tax (PAT)
₹40.3
31-Mar-08
₹21.1
31-Mar-09
₹7.5
30-Sep-09
Particulars30-Sep-0931-Mar-0931-Mar-08
Revenue from Operations 680.55 1431.11 1415.59
EBITDA N/A N/A N/A
Profit After Tax (PAT) 7.54 21.09 40.26
Net Worth N/A N/A N/A
Total Assets N/A N/A N/A
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoNW
1.54%
Issue Structure & Shareholding
Total Shares Offered1,50,00,000 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding4,50,00,000 shares
Post-Issue Promoter Holding6,00,00,000 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Anand Rathi Advisors Ltd.
YES Bank Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much C.Mahendra Exports Ltd. IPO subscribed?

C.Mahendra Exports Ltd. IPO is subscribed 1.00 times by Jan 06, 2011. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is C.Mahendra Exports Ltd. IPO retail subscription status?

The C.Mahendra Exports Ltd. IPO retail category is subscribed 1.00 times as of 06 Jan 2011. The retail portion is oversubscribed.

How to subscribe C.Mahendra Exports Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 31 Dec 2010 and closes 06 Jan 2011. Min investment: ₹6,600 (1 lot = 60 shares). UPI mandate: 2011-01-06.

How many times C.Mahendra Exports Ltd. IPO subscribed?

The C.Mahendra Exports Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check C.Mahendra Exports Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 12 Jan 2011. Refunds: on 13 Jan 2011.

When C.Mahendra Exports Ltd. IPO will be listed?

The C.Mahendra Exports Ltd. IPO listing date is 20 Jan 2011, Thursday. Listed on: NSE & BSE. Issue price: ₹110. Estimated listing: ₹110. GMP: NIL.

When C.Mahendra Exports Ltd. IPO close?

The C.Mahendra Exports Ltd. IPO closes on 06 Jan 2011, Thursday. UPI mandate: 2011-01-06. Allotment: 12 Jan 2011. Listing: 20 Jan 2011.