Milestone Furniture Limited IPO
BSE SME
₹ 270000
/6000 Shares
*Min Investment
07 May, 2018
Open Date11 May, 2018
Close Date17 May, 2018
Allotment Date21 May, 2018
Listing DateIPO Issue Details
- Issue Price Rs 45 Per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price 32,97,000 Equity Shares of Rs 10/- each at a price of 45/- per share aggregating to 14.84 Cr
- Listing at BSE SME
- Lead Manager MONARCH NETWORTH CAPITAL LIMITED
- Registrar Karvy Computershare Private Limited
IPO Details
- Retail Portion N/A
IPO Details
Milestone Furniture Limited IPO is an SME IPO, priced at Rs 45 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 May 7, 2018 to May 11, 2018. The allotment is expected to be finalized on May 17, 2018, and the tentative listing date is May 21, 2018.
The registrar of the IPO is Karvy Computershare Private Limited , and
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IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 15,66,000 | 15,66,000 | 31,32,000 |
|
Day 1
07-05-18
|
0.81 x | 1.71 x | 1.26 x |
|
Day 2
08-05-18
|
0.81 x | 2.23 x | 1.52 x |
|
Day 3
09-05-18
|
0.81 x | 2.49 x | 1.65 x |
|
Day 4
10-05-18
|
0.82 x | 3.45 x | 2.13 x |
|
Day 5
11-05-18
|
0.90 x | 6.89 x | 3.90 x |
Valuations
IPO - Issue Objectives
To set up the manufacturing facility to manufacture the modular and innovative furniture
Working Capital Requirement
General Corporate Expenses
Issue Expenses
IPO - FAQs
Ans. Milestone Furniture Limited IPO is a SME IPO. The issue is priced at Rs 45 Per Equity Share . The minimum order quantity is 3000 Shares. The IPO opens on May 7, 2018, and closes on May 11, 2018. Karvy Computershare Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Milestone Furniture Limited IPO opens on May 7, 2018 and closes on May 11, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Milestone Furniture Limited IPO is 32,97,000 Equity Shares of Rs 10/- each at a price of 45/- per share aggregating to 14.84 Cr.
Ans. The Milestone Furniture Limited IPO price band is set between Rs 45 Per Equity Share .
Ans. To apply for Milestone Furniture Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Milestone Furniture Limited 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 Milestone Furniture Limited IPO is May 17, 2018.
Ans. The Milestone Furniture Limited IPO will be listed on May 21, 2018.
Ans. Follow the steps to check the Milestone Furniture Limited IPO allotment status online.