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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 ValueRs 10
Price BandRs [●]
Listing AtBSE, NSE
Min. Order QuantityNA
Listing DateNA
Offer for SaleRs Million
Fresh IssueRs Million
IPO SizeRs Million
Tick Size1

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

Manipal Syndicate Housing IPOAs 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 / DateQIBNIIRIITotal 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
Refunds Initiation
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:

    Financial Summary:

    Amount (in INR & Million)
    30-Jun-2031-Mar-20Mar-1931-Mar-18
    Total Assets
    *Total Revenue
    Total Expense
    Profit After Tax

    Earnings per Equity Share (in Million)

    30-Jun-2031-Mar-20Mar-1931-Mar-18
    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
    of which:
    Issue Reserved for the Market MakersUp to [●] Equity Shares aggregating up to Rs.[●]
    Million
    Net Issue to the PublicUp to [●] Equity Shares aggregating up to Rs.[●]
    Million
    Of which:
    Retail Investors Portion Not less than [●] Equity Shares
    Other than Retail Individual InvestorsNot more than [●] Equity Shares
     Equity Shares outstanding prior to the IssueX Equity Shares
     Equity Shares outstanding after the IssueX 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 EPSRONW (%)NAV (Rs.)
    31-Mar-20
    31-Mar-19
    Mar-18

    Manipal Syndicate Housing IPO: Competitive Peers

    Face Value (Rs.)P/EEPS  (Rs.)Return on Net Worth (%)Total Income (Rs. in Crores)
    Manipal Syndicate Housing Limited10[●]8.8673.1120.43
    Listed Peers
    Mitcon Consultancy and
    Engineering Services Limited
    1012.463.133.91%42.72

    Manipal Syndicate Housing IPO Lead Managers

    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
    Tel No.:+91-022-62638200
    Fax No.: +91-022-62638299
    Website:www.bigshareonline.com
    Email:ipo@bigshareonline.com
    Investor Grievance Email: investor@bigshareonline.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 ReviewCompany ReputationCompetitive EdgeFinancial StatementPopularity IndexPromoters Reputation
    Angel Broking7.5/107.4/108.5/108.1/107.1/10
    Sharekhan7.2/107.1/108.6/108.1/107.2/10
    Kotak Securities7.3/107.5/108.4/108.1/107.3/10
    ICICI Direct7.3/107.3/108.7/108.1/107.1/10
    IIFL7.5/107.2/108.8/108.0/107.1/10
    Edelweiss7.5/107.4/108.4/108.3/107.2/10
    Zerodha7.4/107.1/108.5/108.1/107.0/10
    5Paisa7.1/107.1/108.4/108.1/107.1/10
    Karvy7.4/107.3/108.2/108.1/107.1/10
    Motilal Oswal7.1/107.1/108.6/108.3/107.2/10

     


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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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