Milestone Furniture Limited IPO
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:
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Particulars |
For the year/period ended (in Rs. Millions) |
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31-Mar-17 |
31-Mar-16 |
31-Mar-15 |
31-Mar-14 |
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Total Assets |
53,160,563 |
23,014,900 |
21,710,118 |
8,257,681 |
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Total Revenue |
89,467,999 |
55,175,651 |
33,229,409 |
3,787,759 |
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Profit After Tax |
3,247,677 |
1,989,136 |
542,472 |
343,186 |
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Issue Detail
- Issue Open: May 07, 2018
- Issue Close: May 11, 2018
- Issue Type: Fixed Price Issue IPO
- Face Value: Rs 10 Per Equity Share
- Price Band: Rs 45 Per Equity Share
- Bid Lot:3000 Shares
- Minimum Order Quantity:3000 Shares
- Listing At: BSE SME
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Issue Size:
Rs 14.84 Cr
Current Bidding Status
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