Milton Industries Limited IPO

Add to Calendar 2017-09-29 12:00 AM 2017-10-06 12:00 AM Asia/Kolkata Milton Industries Limited IPO Milton Industries Limited India

Milton Industries Limited is an ISO 9001:2008 certified company and is engaged in the manufacturing of laminates, artificial leather cloth and Glass Fibre Reinforced Epoxy(GFRE) sheets.

Date of establishment: Milton Industries was established in 1985.  

Product & Service Offering: Milton Industries manufactures and exports premium quality high-pressure laminates, laminated board, industrial laminates, flooring laminates, GFRE sheets and other related products.

Promoters of Milton Industries Ltd.: The promotors of the firm are Mr. Vijay Pal Jain, Mr. Ajay Mahipal SinghJain, Mr. Abhaykumar Mahipalsingh Jain, Mr. Vikas Jain and Mr. Saket Jain.

Customer segment: The company offers its products to government agencies such as Indian Railways and state transport department of various states.

Objects of the Issue: The objects of the issue are:
-      Working capital requirements
-      Issue related expenses
-      General corporate purposes

Company Profile

 

 

Particulars

For the year/period ended (in Rs. Lakhs)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

5592.52

4851.89

4766.95

4127.73

3830.07

 

Total Revenue

4363.17

4203.40

4228.35

4546.17

4655.06

 

Profit After Tax

115.43

22.10

62.98

74.31

86.26

 

Issue Detail

  • Issue Open: Sep 29, 2017
  • Issue Close: Oct 06, 2017
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 34 Per Equity Share
  • Bid Lot:4000 Shares
  • Minimum Order Quantity:4000 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 14.28 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Day 0 - Sep 29, 2017IST 0 2,272,000 1,016,000 - - 3,288,000
Day 1 - Oct 03, 2017IST 0 2,272,000 1,700,000 - - 3,972,000
Day 2 - Oct 04, 2017IST 0 2,272,000 2,224,000 - - 4,496,000
Day 3 - Oct 05, 2017IST 0 2,332,000 4,648,000 - - 6,980,000
Day 4 - Oct 06, 2017IST 0 22,140,000 36,072,000 - - 58,212,000

Listing Day Trading Information

- BSE NSE
Issue Price - Rs 34.00
Open - Rs 40.80
Low - Rs 32.20
High - Rs 40.80
Last Trade - Rs 34.35
Volume - 4,948,000

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