Mehta Hitech Industries IPO Details

MAINBOARD

Mehta Hitech Industries IPO DRHP (Draft Red Herring Prospectus) has been Filed With SEBI.

Mehta Hitech Industries IPO total issue size comprises 62,00,000 shares (aggregating up to ₹0.00 Cr.). This includes a fresh issue of 62,00,000 shares (aggregating up to ₹0.00 Cr.). Pre-issue shareholding stands at 1,76,55,657, which will increase to 2,38,55,657 post-issue.

The Lead Managers for Mehta Hitech Industries IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Beeline Capital Advisors Pvt.Ltd.. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Mehta Hitech Industries Limited DRHP.

Mehta Hitech Industries IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
1,76,55,657 shares
Share holding post issue
2,38,55,657 shares
Total Issue Size
62,00,000 shares (aggregating up to ₹0.00 Cr.)
Fresh Issue
62,00,000 shares (aggregating up to ₹0.00 Cr.)
Offer for Sale
-
DRHP Status
Filed With SEBI

Mehta Hitech Industries IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Mehta Hitech Industries IPO Reservation

Promoter Holding

Pre Issue:95.16%
Post Issue:-
Promoter Names:
Shailesh Mehta, Sangita Shailesh Mehta, Riya Mehta, Raj Shailesh Mehta, Spectron Lasers LLP

Documents

Mehta Hitech Industries IPO Valuations

ROE:57.77%
ROCE:36.01%
DEBT/EQUITY:1.10
RONW:44.81%
PAT MARGIN:7.23%

Mehta Hitech Industries Financial Information

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets179.89141.95111.8889.35
Total Income152.54257.52195.58155.26
Profit After Tax7.3318.536.613.64
EBITDA11.5729.5615.339.54
NET Worth65.0841.3522.8016.46
Reserves and Surplus47.4324.5521.6015.26
Total Borrowing34.9045.4032.5730.20
Amount in ₹ Crore

About Mehta Hitech Industries IPO

Mehta Hitech Industries Limited is engaged in the manufacturing of advanced laser-based and CNC machinery, including CO₂ laser equipment, fibre laser equipment, CNC routers, and digital printers. The Company’s CO₂ laser product range comprises laser engraving, cutting, and marking machines, catering to precision-driven industrial applications.

The Company leverages CNC technology, laser systems (CO₂ and fibre lasers), and digital printing solutions to serve a wide spectrum of industries. Its solutions are used across sectors such as leather, fabrics, pharmaceuticals, textiles, rubber, glass, ceramics, stone, marble, woodworking, metalworking, aerospace, automotive, musical instrument manufacturing, and other industrial and commercial applications.

Mehta Hitech Industries Limited markets and services its products through a network of 17 sales and service offices across India. In the states of Madhya Pradesh and West Bengal, the Company operates through authorised distributors, ensuring broader geographic reach and customer accessibility.

The Company caters to a diversified customer base, including enterprises in the automotive and aerospace industries, electronics and electrical components manufacturing, medical equipment manufacturing, signage and advertising, renewable energy, kitchenware manufacturing, heavy machinery and equipment, textiles, and furniture industries.

With its focus on technology-driven manufacturing, diversified end-use exposure, and nationwide sales and service network, Mehta Hitech Industries Limited is positioned to address the growing demand for precision machinery and advanced industrial solutions across multiple sectors.

 

Strength Of Mehta Hitech Industries IPO

To be announced

Risk Of Mehta Hitech Industries IPO

To be announced

Objectives Mehta Hitech Industries IPO

1. Funding capital expenditure requirements for civil construction work and towards purchase of equipment, plant and machinery for setting up new manufacturing facility at Sanand GIDC, Ahmedabad District, Gujarat

2. Funding long-term working capital requirements of the Company

3. General corporate purposes

Company Contact Details

Mehta Hitech Industries Ltd. Address

Plot No. 3, Road No. 1,

GIDC, Kathwada,

Ahmedabad, Gujarat, 382430

Phone: 7486902560

Email: cs@mehtaindia.com

WebSite: http://www.mehtaindia.com/

Registrar Contact Details

Name: Kfin Technologies Ltd
Phone: +91-40-67162222

Mehta Hitech Industries IPO - FAQs

The Mehta Hitech Industries IPO is a MAINBOARD public issue comprising 6200000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹0.00 Cr.. The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

The Mehta Hitech Industries IPO opens on TBA.

Mehta Hitech Industries IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the Mehta Hitech Industries IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Mehta Hitech Industries IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Mehta Hitech Industries IPO allotment status for updates.

The listing date for the Mehta Hitech Industries IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Mehta Hitech Industries IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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