Meera Industries Limited FPO IPO
BSE SME₹ 225000 /1000 Shares
*Min Investment
13 Jun, 2019
Open Date18 Jun, 2019
Close Date24 Jun, 2019
Allotment Date26 Jun, 2019
Listing DateIPO Issue Details
- Issue Price Rs 225/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price Fresh issue of 5,22,000 Equity Shares of Rs 10/- at a price of Rs 225/- per share aggregating to Rs 11.75 Cr
- Listing at BSE SME
- Lead Manager Aryaman Financial Services Limited
- Registrar Karvy Computershare Private Ltd
IPO Details
- Retail Portion N/A
IPO Details
Meera Industries Limited FPO IPO is an SME IPO, priced at Rs 225/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Jun 13, 2019 to Jun 18, 2019. The allotment is expected to be finalized on Jun 24, 2019, and the tentative listing date is Jun 26, 2019.
The registrar of the IPO is Karvy Computershare Private Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,46,000 | 2,46,000 | 4,92,000 |
Day 1 - 13-06-2019 | 1,62,500 0.66 x | 0.00 x | 1,62,500 0.33 x |
Day 2 - 14-06-2019 | 1,83,500 0.75 x | 5,500 0.02 x | 1,89,000 0.38 x |
Day 3 - 17-06-2019 | 2,96,000 1.20 x | 25,000 0.10 x | 3,21,000 0.65 x |
Day 4 - 18-06-2019 | 4,90,500 1.99 x | 80,500 0.33 x | 5,71,000 1.16 x |
Valuations
IPO - Issue Objectives
Fund expansion of manufacturing Facilities at sachin, surat; and
Fund expenditure for General Corporate Purposes.
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Meera Industries Limited | 3.89 | 20.25 | 32.94% | 36.41 |
| Lakshmi Machine WorksLimited | 3.41 | 27.36 | 12.45% | 2,711.77 |
| Lakshmi Automatic LoomWorks Limited | 2.70 | 17.63 | 15.31% | 8.17 |
| Stovec Industries limited | 3.33 | 16.68 | 19.99% | 194.80 |
IPO - FAQs
Ans. Meera Industries Limited FPO IPO is a SME IPO. The issue is priced at Rs 225/- Per Equity Share . The minimum order quantity is 500 Shares. The IPO opens on Jun 13, 2019, and closes on Jun 18, 2019. Karvy Computershare Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Meera Industries Limited FPO IPO opens on Jun 13, 2019 and closes on Jun 18, 2019.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Meera Industries Limited FPO IPO is Fresh issue of 5,22,000 Equity Shares of Rs 10/- at a price of Rs 225/- per share aggregating to Rs 11.75 Cr.
Ans. The Meera Industries Limited FPO IPO price band is set between Rs 225/- Per Equity Share .
Ans. To apply for Meera Industries Limited FPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Meera Industries Limited FPO 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 Meera Industries Limited FPO IPO is Jun 24, 2019.
Ans. The Meera Industries Limited FPO IPO will be listed on Jun 26, 2019.
Ans. Follow the steps to check the Meera Industries Limited FPO IPO allotment status online.
