Manipal Syndicate Housing IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHPLast Updated Date: Nov 18, 2022
Let’s have a detailed review of the company and analytics of the Manipal Syndicate Housing IPO release date, IPO offer price, subscription, Manipal Syndicate Housing Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
|Face Value||Rs 10|
|Price Band||Rs [●]|
|Listing At||BSE, NSE|
|Min. Order Quantity||NA|
|Offer for Sale||Rs Million|
|Fresh Issue||Rs Million|
|IPO Size||Rs Million|
Manipal Syndicate Housing IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
|Manipal Syndicate Housing Share Price – Live Performance|
Manipal Syndicate Housing IPO – Summary
As the name suggests, Manipal Housing Finance, often referred to as MHFSL is a Housing finance company. The company is registered with NHB and has established its corporate office in Udupi, Karnataka. The promoters of this group are Syndicate Bank as well as Manipal Group.
The year in which this company was established is 1986 and hold the status of a public limited company
Manipal Syndicate Housing IPO Date
The opening and the closing date of the IPO of Manipal Syndicate Housing Limited are not available yet.
Manipal Syndicate Housing IPO Subscription
|Day / Date||QIB||NII||RII||Total Subscription|
|1st Day –|
|2nd Day –|
|3rd Day –|
|Shares Offered or Net Issue|
The shares subscribed by the public will be updated here.
Check Manipal Syndicate Housing IPO LIVE Subscription
- Manipal Syndicate Housing IPO LIVE Bid details on BSE
- Manipal Syndicate Housing IPO LIVE Bid details on NSE
For the Latest Bid details click on the above links.
Manipal Syndicate Housing IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Manipal Syndicate Housing Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
|Basis of Allotment Finalization||–|
|Credit of Shares to Demat Account||–|
|Share Listing Date||–|
Manipal Syndicate Housing IPO Price Band / Cash Price
The face value of each share is Rs.10, but the price band of the IPO is Rs.[●]
Manipal Syndicate Housing IPO Equity Size
This Initial Public Issue of 18,24,000 Equity Shares of Rs.10 each for cash at a price of Rs.[●] per equity share aggregating to Rs.[●] Million.
Manipal Syndicate Housing IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] equity Shares of Rs.10/ each.
Issue Size: X Equity Shares of Rs.10 each, aggregating to Rs.[●] Million
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Manipal Syndicate Housing IPO – Live Performance
The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.
|Live IPO Performance – Manipal Syndicate Housing Share Price|
Manipal Syndicate Housing IPO Grey Market Premium
The Manipal Syndicate Housing Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
Manipal Syndicate Housing IPO – Company Overview
It was back in the year 1986, when this company with established. Presently, this company has a rating of Triple B+, as provided by the National Housing bank or NHB, which gives the provision of accepting public deposits to this bank.
Line of business this bank is involved in includes – Providing long term finance to the retailers for the mere purpose of Acquisition, construction, repairs, renovation of houses.
They have an objective of fulfilling the needs of retail clients in the arena of home loan by providing tailor based products. This gives their clients the opportunity of building the dream house with facilitation of exclusive range of loans.
Manipal Syndicate Housing IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
|Amount (in INR & Million)|
|Profit After Tax|
Earnings per Equity Share (in Million)
|Basic & Diluted|
Further, their PAT for the period ended on June 30, 2020, March 31, 2020, March 31, 2019, and March 31, 2018, were Rs. 135.51 Million, Rs. 447.45 Million, Rs. 68.04 Million and Rs. 26.91 Million respectively.
Manipal Syndicate Housing IPO – Promoters
The Promoter of this company is:
List of Related Parties (Key Managerial Personnel)
- Mr. Manish Kumar Dabkara, Chairman & Managing Director
- Mr. Naveen Sharma, Chief Financial Officer
- Mr. Babita Kumawat, Company Secretary and Compliance Officer
Manipal Syndicate Housing IPO – Promoters Holding
- Pre Issue Share Holding – %
- Pos Issue Share Holding – %
Manipal Syndicate Housing IPO Offer Details or Issue Details
|Particulars||No. Of Equity Shares|
|Equity Shares Offered||Up to X Equity Shares aggregating up to Rs.[●] Million|
|Issue Reserved for the Market Makers||Up to [●] Equity Shares aggregating up to Rs.[●]|
|Net Issue to the Public||Up to [●] Equity Shares aggregating up to Rs.[●]|
|Retail Investors Portion||Not less than [●] Equity Shares|
|Other than Retail Individual Investors||Not more than [●] Equity Shares|
|Equity Shares outstanding prior to the Issue||X Equity Shares|
|Equity Shares outstanding after the Issue||X Equity Shares|
Manipal Syndicate Housing IPO Issue Object
Their Company proposes to utilise the Net Proceeds towards funding the following objects:
1. To meet Working Capital requirements
2. General Corporate Purpose
3. To meet issue expenses
Manipal Syndicate Housing IPO – Business Strategy
- Focus on Consultancy Business and spreading awareness about carbon neutrality
- Increase the use of technology to improve operational efficiency
- Expanding their customer base
- Creating awareness to reduce carbon emissions
Manipal Syndicate Housing IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Quality Assurance, timely payment, and delivery
- Broad customer base and strong relationships with their customers
- Multiple Business verticals under one roof
- Qualified management team and employee base
The relevant quantitative factors are:
|Basic & Diluted EPS||RONW (%)||NAV (Rs.)|
Manipal Syndicate Housing IPO: Competitive Peers
|Face Value (Rs.)||P/E||EPS (Rs.)||Return on Net Worth (%)||Total Income (Rs. in Crores)|
|Manipal Syndicate Housing Limited||10||[●]||8.86||73.11||20.43|
|Mitcon Consultancy and|
Engineering Services Limited
Manipal Syndicate Housing IPO Lead Managers
Manipal Syndicate Housing IPO Registrar to offer
|Registrar to the Offer|
|BIGSHARE SERVICES PRIVATE LIMITED|
Address:-1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri East, Mumbai – 400059
Fax No.: +91-022-62638299
Investor Grievance Email: email@example.com
Manipal Syndicate Housing IPO – Other Details
- Statutory Auditor – NA
- Legal Counsel to the Company – NA
- Bankers to the Company – NA
Manipal Syndicate Housing IPO Review by Stock Brokers
|Top Stock Brokers Review||Company Reputation||Competitive Edge||Financial Statement||Popularity Index||Promoters Reputation|
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Manipal Syndicate Housing Limited IPO News
News 1 – Manipal Syndicate Housing Limited IPO DRHP Download
News 2 – Manipal Syndicate Housing IPO RHP Download
Manipal Syndicate Housing IPO Review FAQs
Ques – What is the Issue Size of Manipal Syndicate Housing IPO?
Answer – The Company is making an initial public offer of NA equity shares. We vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and the net issue.
Ques – What is the Price band of Manipal Syndicate Housing IPO?
Answer – The price band for this particular IPO, i.e. Manipal Syndicate Housing IPO ranges between NA. As far as the face value of the share is of concern, it is Rs.10 per share.
Ques – What is the Manipal Syndicate Housing IPO Open Date?
Answer – The opening and closing dates for Manipal Syndicate Housing IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.
Ques – What is the Manipal Syndicate Housing IPO Allotment Date?
Answer – We also have the news regarding the respective allotment dates of Manipal Syndicate Housing IPO. Basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.
Ques – What is the Manipal Syndicate Housing IPO Listing Date?
Answer – Shares of Manipal Syndicate Housing shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.
Ques – Who is the Registrar of Manipal Syndicate Housing IPO?
Answer – One of the reputed registrars is managing the issue of Manipal Syndicate Housing IPO, i.e. Bigshare Services Private Limited. Their website will help you regarding the further information you are on the lookout for.
Ques – Who is the Promoter of Manipal Syndicate Housing IPO?
Answer – Here are the promoters of Manipal Syndicate Housing – NA. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
Ques – What is GMP of Manipal Syndicate Housing IPO?
Answer – We have obtained the GMP of Manipal Syndicate Housing IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Ques – Is Manipal Syndicate Housing IPO good for Investment?
Answer – We have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
Ques – What is the PAT of Manipal Syndicate Housing Company?
Answer – We have the information of company financials, and according to that, we have the figures from the last few years to provide. PAT for the financial year 2020 in Million is NA, 2019 is NA, 2018 is NA. PAT from Sep 2020 is NA.
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