Mohini Health & Hygiene Ltd IPO

Mohini Health & Hygiene Ltd

Issue Open

Feb 05, 2018

Price Band

₹ - ₹ 40

Issue Size

₹ 19.73 Cr

Credit of Shares to Demat

-

Issue Close

Feb 07, 2018

Bid Lot

3000

Listing Exchange

NSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Book Built Issue IPO

Minimum Order Quantity

3000

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Feb 16, 2018

Refunds

-

About the company:

Introduction: Mohini health and Hygiene basically deals with processing of raw cotton, trading in cotton yarn and textile fabric.  Of late the company has diversified into the health & hygiene products sector. It has presence in domestic as well as international markets. Company uses state of the art manufacturing process and technology to deliver quality products to its customers.

Date of Establishment:   Mohini health and Hygiene, a company based out of Indore, MP was established in the year 2009.

Product & Service Offering: Company’s  current range of products includes  100% Absorbent Bleached Cotton & 100% Absorbent Bleached Comber (both Conventional & Organic).Few of the products manufactured by the company are absorbent cotton wool, cotton balls and cotton ear buds.

Customer Segment: Majority of the customer base of Mohini health and Hygiene are cotton manufacturers, hospitals, pharmaceuticals and logistics. Given below are few of the  customers of Mohini health and Hygiene:

    - Blue Blend
    - Radheshyam Spinning Mill
    - Fortis Hospitals
    - Apollo Pharmacy
    - Fortis Hospitals
    - DHL

Promoters of Mohini Health & Hygiene Ltd: Mohini Health & Hygiene Ltd  is promoted by Sarvapriya Bansal  Avnish Bansal

Objects of the Issue:

The issue was raised with the sole aim of repayment/prepayment of unsecured borrowings by the company, aid in the day to day cash requirements to run the company and for generic 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

1065.4

874.2

842.9

403.8

137.1

 

Total Revenue

1377.2

1230.9

910.3

486.9

414.5

 

Profit After Tax

33.9

38.0

19.2

7.3

6.4

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