Milestone Furniture Limited IPO

BSE SME

Offer Date: May 7, 2018 - May 11, 2018

₹ 135000 /3000 Shares

IPO Details

07 May, 2018

Open Date

11 May, 2018

Close Date

17 May, 2018

Allotment Date

21 May, 2018

Listing Date

Issue Price

Rs 45 Per Equity Share

Face Value

Rs 10 Per Equity Share

Listing at Group

BSE SME

Registrar

Karvy Computershare Private Limited

Market Lot

3000 Shares (Rs 1,35,000/-)

Lead Manager

MONARCH NETWORTH CAPITAL LIMITED

Issue Size

32,97,000 Equity Shares of Rs 10/- each at a price of 45/- per share aggregating to 14.84 Cr

Retail Portion

N/A

Subscription

1,22,04,000 3.90 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	15,66,000	15,66,000	31,32,000
Day 1 - 07-05-18	12,75,000 0.81 x	26,79,000 1.71 x	39,54,000 1.26 x
Day 2 - 08-05-18	12,75,000 0.81 x	34,98,000 2.23 x	47,73,000 1.52 x
Day 3 - 09-05-18	12,75,000 0.81 x	38,94,000 2.49 x	51,69,000 1.65 x
Day 4 - 10-05-18	12,81,000 0.82 x	54,03,000 3.45 x	66,84,000 2.13 x
Day 5 - 11-05-18	14,16,000 0.90 x	1,07,88,000 6.89 x	1,22,04,000 3.90 x

Valuations

Earnings Per Share (EPS)

Rs 0.35

P/E Ratio

129

RoNW

Net Asset Value (NAV) ( Post Issue )

Rs 15.20

Company Financials All values are in ₹ Cr.

- Promoter(s)

Company Promoter(s)

Mr. Digamber Sudam Songhare
Mr. P. S. Ganeshkumar

IPO - Issue Objectives

To set up the manufacturing facility to manufacture the modular and innovative furniture
Working Capital Requirement
General Corporate Expenses
Issue Expenses

IPO - FAQs

Ans. Milestone Furniture Limited IPO is a SME IPO. The issue is priced at Rs 45 Per Equity Share . The minimum order quantity is 3000 Shares. The IPO opens on May 7, 2018, and closes on May 11, 2018. Karvy Computershare Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Milestone Furniture Limited IPO opens on May 7, 2018 and closes on May 11, 2018.

Ans. The size of Milestone Furniture Limited IPO is 32,97,000 Equity Shares of Rs 10/- each at a price of 45/- per share aggregating to 14.84 Cr.

Ans. The IPO price band is set between Rs 45 Per Equity Share .

Ans. To apply for Milestone Furniture Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Milestone Furniture Limited 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 Milestone Furniture Limited IPO is May 17, 2018.

Ans. The Milestone Furniture Limited IPO will be listed on May 21, 2018.

Ans. Follow the steps to check the allotment status for Milestone Furniture Limited IPO here.