Meera Industries Limited FPO IPO

BSE SME

Offer Date: Jun 13, 2019 - Jun 18, 2019

₹ 112500 /500 Shares

IPO Details

13 Jun, 2019

Open Date

18 Jun, 2019

Close Date

24 Jun, 2019

Allotment Date

26 Jun, 2019

Listing Date

Issue Price

Rs 225/- Per Equity Share

Face Value

Rs 10/- Per Equity Share

Listing at Group

BSE SME

Registrar

Karvy Computershare Private Ltd

Market Lot

500 Shares ( Rs 1,12,500/- )

Lead Manager

Aryaman Financial Services Limited

Issue Size

Fresh issue of 5,22,000 Equity Shares of Rs 10/- at a price of Rs 225/- per share aggregating to Rs 11.75 Cr

Retail Portion

N/A

Subscription

5,71,000 1.16 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	2,46,000	2,46,000	4,92,000
Day 1 - 13-06-2019	1,62,500 0.66 x	0.00 x	1,62,500 0.33 x
Day 2 - 14-06-2019	1,83,500 0.75 x	5,500 0.02 x	1,89,000 0.38 x
Day 3 - 17-06-2019	2,96,000 1.20 x	25,000 0.10 x	3,21,000 0.65 x
Day 4 - 18-06-2019	4,90,500 1.99 x	80,500 0.33 x	5,71,000 1.16 x

Valuations

Earnings Per Share (EPS)

Rs 11.11/-

P/E Ratio

20.25

RoNW

32.94%

Net Asset Value after issue

Rs 57.22 /-

Company Financials All values are in ₹ Cr.

- Peers Comparison

	P/B Ratio	P/E Ratio	RoNW	Net Worth
Meera Industries Limited	3.89	20.25	32.94%	36.41
Lakshmi Machine WorksLimited	3.41	27.36	12.45%	2,711.77
Lakshmi Automatic LoomWorks Limited	2.70	17.63	15.31%	8.17
Stovec Industries limited	3.33	16.68	19.99%	194.80

- Promoter(s)

Company Promoter(s)

Mr. Dharmesh V. Desai
Mrs. Bijal D. Desai

IPO - Issue Objectives

Fund expansion of manufacturing Facilities at sachin, surat; and
Fund expenditure for General Corporate Purposes.

IPO - FAQs

Ans. Meera Industries Limited FPO IPO is a SME IPO. The issue is priced at Rs 225/- Per Equity Share . The minimum order quantity is 500 Shares. The IPO opens on Jun 13, 2019, and closes on Jun 18, 2019. Karvy Computershare Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Meera Industries Limited FPO IPO opens on Jun 13, 2019 and closes on Jun 18, 2019.

Ans. The size of Meera Industries Limited FPO IPO is Fresh issue of 5,22,000 Equity Shares of Rs 10/- at a price of Rs 225/- per share aggregating to Rs 11.75 Cr.

Ans. The IPO price band is set between Rs 225/- Per Equity Share .

Ans. To apply for Meera Industries Limited FPO IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Meera Industries Limited FPO IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Meera Industries Limited FPO IPO is Jun 24, 2019.

Ans. The Meera Industries Limited FPO IPO will be listed on Jun 26, 2019.

Ans. Follow the steps to check the allotment status for Meera Industries Limited FPO IPO here.