Meson Valves IPO subscription status: The IPO started on September 08, 2023 and will close on September 12, 2023. Meson Valves IPO to raise around ₹31.09 crores via IPO. The retail quota is 50%. The price band is fixed at ₹102 per equity share.
Meson Valves IPO Subscription Status
Category | Subscription |
QIB | – |
NII | 14.93x |
bNII (bids above ₹10L) | – |
sNII (bids below ₹10L) | – |
RII | 90.33x |
Shareholders | NA |
Total | 52.63x |
Meson Valves IPO GMP
To check the latest GMP, please check this IPO GMP page.
Meson Valves IPO Review
Meson Valves India is a supplier of valves, actuators, strainers, and remote-control valve systems. They are a leading player in the Indian market and also export their products to over 20 countries. Their customers include major players in the oil and gas, power, and infrastructure sectors.
The valves and actuators market is growing rapidly, and Meson Valves India is well-positioned to capitalize on this growth. They have a strong track record of innovation and product development, and they also have a strong marketing and distribution network.
The IPO is a good opportunity for investors to participate in the growth of the valves and actuators market. However, there are some risks associated with the IPO. The company is relatively new and has not yet been profitable. They are also facing increasing competition from foreign players. Investors should carefully consider these risks before investing in the IPO.
Here are some of the key things to keep in mind about Meson Valves India:
- They are a leading player in the Indian valves and actuators market.
- They export their products to over 20 countries.
- Their customers include major players in the oil and gas, power, and infrastructure sectors.
- The valves and actuators market is growing rapidly.
- They have a strong track record of innovation and product development.
- They have a strong marketing and distribution network.
- They are a relatively new company and have not yet been profitable.
- They are facing increasing competition from foreign players.
Investors should carefully consider these factors before investing in the Meson Valves India IPO.
Meson Valves Subscription Status FAQs
The allocation date for Meson Valves IPO is 18th September 2023.
The IPO is over subscribed at 8 times of its offer value as on 9th September 2023.
Here is the step-by-step guide on how to check Meson Valves IPO allotment status.
The Meson Valves IPO will be listed on BSE SME on 21st September 2023.