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MRC EXIM IPO opens on Dec 6

Tuesday, December 05, 2017

MRC Exim, which is engaged in the business of trading of various industrial, metals and alloy products including iron and steel plans to hit the capital market with its IPO. The issue will open on December 6, 2017 and close on December 8, 2017

The company is a multi-product trading company with a diverse product portfolio.

The Issue shall constitute around 28.79% of the post issue paid up equity share capital of the company. It is a fixed price issue of Rs.15 per equity share with the face value of Rs.10 per equity share. The issue is Rs.450 lakhs

“We look forward to every opportunity that exists in market and work to develop and enhance our current business and product portfolio. We are currently serving the corporate and other clients from fabrication and manufacturing industry. With nation wide visibility through BSE SME Platform, we shall also create an edge over our unlisted peers, thus building a strong repute in the Industry.”remarked Kirti Kumar Shah, MD, MRC Exim Ltd. The IPO is being managed by the leading merchant banker of SME Capital Markets, Inventure Merchant Banker Services Private Ltd.

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