Mmp Industries Ipo News

Mmp industries ipo news

Introduction: MMP Industries Limited is a company which manufactures aluminium products.    Company’s range of products include various grades of Aluminium powders and related products.

Mmp industries ipo news

Its products are not only consumed in the Indian market but also exported across the globe to countries in Europe, Middle-East, Africa and the Asia Pacific.

Date of Establishment: MMP Industries Limited was established in the year 1983 in Nagpur  

Product & Service Offering: Company's aluminium product can be broadly classified under the headings mentioned below:

       - Pyro and flake aluminium powders
       - Atomised aluminium powders
       - Aluminium pastes
       - Aluminium conductors (all aluminium, alloy aluminium and aluminium steel reinforced).

Customer Segment: Customers of MMP Industries Limited include companies in   construction, mining ,agriculture, defence, fire crackers, and railways  to name a few.

Moreover aluminium pastes are used in automotive, decorative and industrial paints.

Promoters of MMP Industries Limited:  Company is promoted by Arun Bhandari.

MMP Industries Ltd Pre IPO Webinar 23 march 2018

He holds shares comprising 37.31% of the pre-issue, subscribed and paid-up Equity Share Capital of the Company

Objects of the Issue:

The proceeds from the issue will be used for funding the manufacturing of Atomised Aluminium Powder, Pyro and flake Aluminium Powder and Aluminium Foils, prepayment of debt and for funding sundry corporate requirements

Company Financials:

Summary of financial Information (Consolidated)

Particulars

For the year/period ended (in Rs.

million)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

1128.2

947.4

869.6

698.5

667.4

 

Total Revenue

2039.3

1812.0

1574.0

1215.8

1044.2

 

Profit After Tax

165.6

88.7

38.7

25.9

14.4

 

Mmp industries ipo news