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Mittal Life Style Ltd IPO

Add to Calendar 2018-03-19 12:00 AM 2018-03-21 12:00 AM Asia/Kolkata Mittal Life Style Ltd IPO Mittal Life Style Ltd India

Mittal Life Style deals in Denim Fabrics. They provide different types and quality of denim fabric. To supply the fabric the company has tied-up with 16 composite mills to get denim fabric manufactured as per need and requirements. Additionally, company has also tie-up with 11 logistic companies to pick denim fabric from various mills and warehouse at their premises

Date of establishment:  Mittal Life Style Limited was incorporated in 2005.

Product & Service Offering: The company supplies Fashion Fabrics, Cotton Canvas denims, Dupion bottom Fabrics, Polyester Fabrics, Cotton Fabric, knit fabrics etc

Promoters of Giriraj Civil Developers Limited:  Mr. Brijeshkumar Jagdishkumar Mittal, Mr. Pratik Brijeshkumar Mittal and JK Denim Fab Private Limited are the promoter Mittal Life Style Limited.

Customer segment: Textile Industry is the major consumer of goods produced by company.

Objects of the Issue: The objects of the Offer is to:-
-     Repayment of unsecured Borrowings
-     To meet General Corporate Purpose
-     Issue Expenses

Company Financials:

 

Particulars

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

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

1693.58

1270.97

919.01

758.03

553.86

 

Total Revenue

7856.78

5904.08

4635.07

3232.10

2527.20

 

Profit After Tax

33.78

0.86

0.91

0.56

(-0.46)

 

Issue Detail

  • Issue Open: Mar 19, 2018
  • Issue Close: Mar 21, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 21 Per Equity Share
  • Bid Lot:6000 Shares
  • Minimum Order Quantity:6000 Shares
  • Listing At: NSE SME
  • Issue Size: Rs 4.41 Cr

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