| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 1 | 600 | ₹1,12,800 |
| HNI / NII | 2 | 1,200 | ₹2,25,600 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 21,37,500 (47.50%) | — | ₹4,018.50 Cr |
| NII / HNI (Total) | — | 6,41,250 (14.25%) | — | ₹1,205.55 Cr |
| Retail Investors | — | 14,96,250 (33.25%) | — | ₹2,812.95 Cr |
| Total ** | — | 45,00,000 (100.00%) | — | ₹84,600.00 Cr |
| Market Maker * | — | 2,25,000 (5.00%) | — | ₹42.30 Cr |
Incorporated in 1973, MMP Industries Limited is a Nagpur, Maharashtra based company engaged in manufacturing of aluminium products. Company's aluminium product range includes pyro and flake aluminium powders, atomised aluminium powders, aluminium pastes, aluminium conductors (all aluminium, alloy aluminium and aluminium steel reinforced).
Aluminium powders (pyro, flake and atomised) are used in many industrial sectors like construction (AAC Blocks) and mining (Aluminised slurry explosives), agriculture (pesticides), defence (ammunition), fire crackers, railways (thermit portions) etc. Aluminium pastes are used in automotive, decorative and industrial paints. Aluminium Conductors are consumed by the power sector for laying of overhead transmission lines.
With over 3 decades of experience MMP Industries has developed in depth ability to understand process related problems and fine tuning of its products to suit customer needs.