Milestone Furniture Limited is a Mumbai based company engaged in manufacturing and marketing of Interior and Modular furniture business. The company has 70 employees on its payroll.
Date of establishment: The company was formed in 2014 in Mumbai, operating from sakinaka office.
Promoters of Milestone Furniture Limited: Mr. Digamber Sudam Songhare and Mr. P. S. Ganeshkumar are the promoters of the company.
Products and services: Milestone furniture manufactures and sells the furniture used in space and workstations this includes designing, management and innovation.
Customer segment: The company has offering for businesses and individuals and provides its products and services for interiors and workspace.
Objects of the issue: The Objects of the Issue are:
- To set up the manufacturing facility to manufacture the modular and innovative furniture
- Maintaining Working Capital
- General Corporate Expenses; and
- To meet the expenses of the Issue brought
Company Financials:
|
Particulars |
For the year/period ended (in Rs. Millions) |
|||||
|
|
31-Mar-17 |
31-Mar-16 |
31-Mar-15 |
31-Mar-14 |
|
|
|
Total Assets |
53,160,563 |
23,014,900 |
21,710,118 |
8,257,681 |
|
|
|
Total Revenue |
89,467,999 |
55,175,651 |
33,229,409 |
3,787,759 |
|
|
|
Profit After Tax |
3,247,677 |
1,989,136 |
542,472 |
343,186 |
|
|
| Number of Times Subscribed (BSE + NSE) | |||||||
|---|---|---|---|---|---|---|---|
| As on Date & Time | QIB | NII | RII | Employee | Others | Total | |
| - | BSE | NSE |
|---|---|---|
| Issue Price | Rs 45.00 | - |
| Open | Rs 45.00 | - |
| Low | Rs 42.75 | - |
| High | Rs 45.45 | - |
| Last Trade | Rs 45.45 | - |
| Volume | 621,000 | - |
 |
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