Mohini Health IPO

Mohini Health IPOBusiness description - Mohini Health & Hygiene Limited is engaged in manufacturing and export of absorbent cotton and medical consumable products. Formerly known as Mohini Fibers Limited, the company was engaged in the business of dealing and processing of waste cotton, yarn and textile fabric and has now diversified into the health & hygiene sector with advent of manufacturing of medical consumable products.

The company’s manufacturing facility – situated at Pithampur, Madhya Pradesh –is well equipped with required facilities including machinery, Effluent Treatment Plant, boiler and handling equipments to facilitate smooth manufacturing process. It has an in house testing laboratory which ensures that its products are certified and any major defects in the products are identified on real time basis and rectified before the final dispatch.

Promoters of Mohini Health – Mr Sarvapriya Bansal and Mr Avnish Bansal
Mohini Health IPO details
Subscription Dates5 - 7 February 2018
IPO Price bandINR40 - 42 per share
Fresh issue 6,384,000 shares (INR25.54 - 26.81 crore)
Offer for sale Nil 
Total IPO size6,384,000 shares (INR25.54 - 26.81 crore)
Minimum bid (lot size)3,000 shares 
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE Emerge SME platform
Use of funds
  • Repayment/prepayment of unsecured borrowings - INR8 crore
  • Funding the working capital requirements - INR11.2 crore
  • General corporate purposes
Mohini Health's financial performance (in INR crore)
 FY2013FY2014FY2015FY2016FY2017H1 FY2018
Total revenue41.548.791.0123.1137.785.2
Total expenses40.247.688.5118.9133.980.3
Profit after tax0.60.71.93.83.43.6
Mohini Health's Contact Details

Mohini Health & Hygiene Limited
Plot No 109, Sector 3 Industrial Area
Pithampur
Dhar 454774, Madhya Pradesh

Phone: +91 07292426666
Email: [email protected]
Website: www.mohinihealthandhygenie.com

Mohini Health IPO Subscription Details
DaySubscription (no. of times)
Day 10.31
Day 20.76
Day 321.10
Mohini Health Valuation (Latest FY)

Earnings Per Share (EPS): INR2.91

Price/Earnings (P/E) ratio: 13.74 - 14.43

Return on Net Worth (RONW): 13.83%

Net Asset Value (NAV): INR82.8 per share

Registrar of Mohini Health IPO

Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg, Vikhroli (West)
Mumbai - 400 083

Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: http://www.linkintime.co.in

Mohini Health IPO Allotment Status

Mohini Health IPO allotment status is now available on Link Intime's website. Click on this link to get allotment status.

Listing performance of Mohini Health & Hygiene

IPO Opening Date: 5 February 2018

IPO Closing Date: 7 February 2018

Finalisation of Basis of Allotment: 12 February 2018

Initiation of refunds: 14 February 2018

Transfer of shares to demat accounts: 15 February 2018

Listing Date: 16 February 2018

Listing Price on NSE SME: INR50.4 per share (up 20% from IPO price)

Closing Price on NSE SME: INR50.4 per share (up 20% from IPO price)

6 thoughts on “Mohini Health IPO

  • February 4, 2018 at 1:55 PM
    Permalink

    Fundamentals are strong and price is reasonable. That’s all that matters. Everything in between is just timepass! It will incraese your money, INVEST!

    Reply
  • January 31, 2018 at 1:51 PM
    Permalink

    New Delhi, Jan 24 (PTI) SMEs initial share-sales are catching up the eyes of value investors as Param Capital chairman Mukul Agarwal has picked up 6.87 per cent stake in the pre-IPO placement of Mohini Health & Hygiene Ltd, the merchant banker said today.

    Some of the recent marque investments in small and medium enterprises (SMEs) include investment by Madhusudhan Kela in IRIS Business, Porinju in RM Drip, Sunil Singhania in ANI Integrated, Ramesh Damani in Vadivare Speciality, Jaspal Bindra in One Point One Solutions to name a few.

    Reply
    • January 31, 2018 at 2:21 PM
      Permalink

      Prospectus says Mukul Agarwal has 12,54,000 shares, 9.4% in the company.

      Anyways, good for the company 🙂

      Reply
  • January 30, 2018 at 9:39 PM
    Permalink

    It will be line one point one solutions!!!

    Reply
  • January 30, 2018 at 9:38 PM
    Permalink

    They have already raised sizable amount from private investors

    Reply
  • January 30, 2018 at 11:14 AM
    Permalink

    Finally a company which does not cook its books. P/E ratio is also reasonable. Worth applying. What say expert boarders??

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *