Metalman Auto IPO Open Date, IPO GMP, Price-Band, Allotment, DRHP

Metalman Auto IPO open date is yet to be announced. This new IPO is a book-built issue of Rs 350 crore plus. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh issue is of Rs 350 crore and 12,636,162 equity shares. 

As of now, Metalman Auto IPO GMP is 0, not yet started. Live IPO Grey Market Premium details will be visible online after the confirmation of IPO Dates. Metalman Auto IPO price band is expected to be around Rs 232 per share. 

Metalman Auto IPO allotment status yet to be announced. The lot size details are yet to be announced. The minimum investment for the retail investors for 1 lot is expected to be around Rs 14,700. The registrar for Metalman Auto IPO is Link Intime India Limited. The listing date is also yet to be announced.

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Metalman Auto IPO Open Date, Close Date

Metalman Auto IPO open date is yet to be announced. However, these dates are tentative as per the information available from the market sources and can be changed in future

Metalman Auto IPO GMP

The Metalman Auto IPO GMP is 0, not yet started. The IPO GMP today indicates huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription got oversubscribed then Metalman Auto IPO GMP might rise in the coming days.

Metalman Auto IPO Price Band

Metalman Auto IPO price band expected is around Rs 232 per share. The final price band and lot size details are yet to be finalised. The minimum amount of investment for the retail category is to be around Rs 14,700 and for small NII minimum investment is to be around Rs 2,09,050. The minimum investment for the Big NII is to be around Rs 10,01,400.

Metalman Auto IPO Allotment Status

Metalman Auto IPO allotment status is yet to be announced. The listing will be on the BSE and NSE platforms. The registrar of this IPO is expected to be Link Intime India Limited. Investors can check their allotment status after the subscription of the IPO ends.

Metalman Auto IPO Listing Date

Metalman Auto IPO's listing date is yet to be announced. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

Metalman Auto IPO: Listing Date, Lot Size, Price Band

Metalman Auto Limited: About the Company

Metalman Auto Limited was incorporated in 1986, is a leading manufacturer of precision engineering automotive components. It primarily caters to the two-wheeler and four wheeler industries. 

Metalman Auto Limited specialises in the  sheet metal fabrication, welded assemblies and tabular components. It supplies major OEMs in India and abroad. 

The company has a strong focus on innovation and quality, they operate multiple manufacturing facilities equipped with advanced robotics and automation. The company follows strong quality control measured to meet the global industry standards. Metalman Auto committed to technological advancement, cost efficiency and timely delivery has solidified its reputation in the automotive supply chain. 

Metalman Auto IPO Objectives

The funds raised from the Metalman Auto IPO will be used for funding the capital expenditure needs. Money will be utilized for buying plant and machinery at Pithampur Manufacturing Unit 2. The remaining money will be used for repayment of debt and fulfilling the general corporate purposes.  

Metalman Auto IPO: Key Dates, Allotment, Listing Date

Metalman Auto IPO Subscription Status, IPO Reservation

Metalman Auto IPO subscription status will be available after the IPO opens. In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non-Institutional investors. 

Metalman Auto IPO Lot Size Details

Metalman Auto IPO lot size is yet to be announced. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,760 and the maximum is 13 lots, amounting to be around Rs 1,94,324. For small HNI, the minimum lot size is 14, amounting to be around Rs 2,09,150.

Metalman Auto IPO Promoter Holdings

Metalman Auto IPO promoters are Bikramjit Bembi, Navneet Jairath, Sachin Bembi, and Nishant Jairath. The promoters' shareholdings before the IPO were x%; however, after the IPO, shareholdings will decline.

Metalman Auto IPO Registrar

Metalman Auto IPO registrar is expected to be Link Intime India Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Metalman Auto IPO Lead Managers

Metalman Auto IPO lead managers are Axis Capital Limited, ICICI Securities Limited and Motilal Oswal Investment Advisors Limited. 

How to apply to Metalman Auto IPO

Interested investors can apply to the Metalman Auto IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Metalman Auto IPO Review

Metalman Auto IPO may get a positive response from the general public. The company is involved in metal equipment. So, investors interested in the metal sector can apply to this IPO. 

This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response then Metalman Auto IPO GMP will also rise. 

Metalman Auto IPO FAQ

1. What are the details of the Metalman Auto IPO?

Metalman Auto IPO new IPO is a book-built issue of Rs 350 crore plus. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh issue is of Rs 350 crore and 12,636,162 equity shares. 

2. When is the Metalman Auto IPO open date and close date?

Metalman Auto IPO open date is yet to be announced. However, these dates are tentative as per the information available from the market sources and can be changed in future

3. What is Metalman Auto IPO GMP Live?

The Metalman Auto IPO GMP is 0, not yet started. The IPO GMP today indicates huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription got oversubscribed then Metalman Auto IPO GMP might rise in the coming days.

4. What are the details of Metalman Auto IPO Subscription Status?

Metalman Auto IPO subscription status will be available after the IPO opens. In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non-Institutional investors. 

5. Write the details of the IPO Allotment Status?

Metalman Auto IPO allotment status is yet to be announced. The listing will be on the BSE and NSE platforms. The registrar of this IPO is expected to be Link Intime India Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for Metalman Auto IPO?

Metalman Auto IPO registrar is expected to be Link Intime India Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. 

The lead managers are Axis Capital Limited, ICICI Securities Limited and Motilal Oswal Investment Advisors Limited.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?