Milestone Furniture Limited IPO

Milestone Furniture Limited is a BSE SME IPO is priced at ₹45 per share with an issue size of 32,97,000 Equity Shares of Rs 10/- each at a price of 45/- per share aggregating to 14.84 Cr. The IPO opens on May 7, 2018 and closes on May 11, 2018, with a lot size of 3000 shares and a minimum investment of ₹1,35,000.

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Milestone Furniture Limited IPO

BSE SME Listed
₹1,35,000 (3000 Shares)
Minimum Investment
IPO Dates
May 7, 2018 – May 11, 2018
Price band
₹45 per equity share
Minimum Investment
₹1,35,000
Issue size
32,97,000 Equity Shares of Rs 10/- each at a price of 45/- per share aggregating to 14.84 Cr
Lot size
3000
Allotment Date
May 17, 2018
Listing
May 21, 2018
Listing At
BSE SME

  1. May 7, 2018

    Open Date

    Completed

  2. May 11, 2018

    Close Date

    Completed

  3. May 17, 2018

    Allotment Date

    Completed

  4. May 21, 2018

    Listing Date

    Completed

Milestone Furniture Limited IPO Essentials

Milestone Furniture Limited IPO Details

Milestone Furniture Limited IPO is priced at ₹45 per share with a total issue size of 32,97,000 Equity Shares of Rs 10/- each at a price of 45/- per share aggregating to 14.84 Cr. The IPO has a lot size of 3000 shares and will be listed on BSE SME.

Issue price
Rs 45 Per Equity Share 
Lot size
3000 shares
Face value
Rs 10 Per Equity Share 
Issue size
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
List price
Listing date
Registrar
Karvy Computershare Private Limited
Lead manager
MONARCH NETWORTH CAPITAL LIMITED

Milestone Furniture Limited IPO Details

  • Retail Portion N/A

Milestone Furniture Limited IPO Analytics

Milestone Furniture Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Milestone Furniture Limited IPO Subscription Status

Milestone Furniture Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 15,66,000 15,66,000 31,32,000
Day 1 07-05-18
12,75,000 (0.81) x 1.71 x 1.26 x
Day 2 08-05-18
12,75,000 (0.81) x 2.23 x 1.52 x
Day 3 09-05-18
12,75,000 (0.81) x 2.49 x 1.65 x
Day 4 10-05-18
12,81,000 (0.82) x 3.45 x 2.13 x
Day 5 11-05-18
14,16,000 (0.90) x 6.89 x 3.90 x

Subscription levels combined with expected premium trends indicate overall market sentiment and possible listing expectations for the IPO.

Milestone Furniture Limited Valuations

Earnings

EPS (Post IPO)
Rs 0.35
P/E Ratio
129

Returns

RoNW
8%

Data sourced from DRHP / RHP • For educational purposes only

Milestone Furniture Limited Company & Offer Insights

Milestone Furniture Limited IPO Issue Objectives

•
To set up the manufacturing facility to manufacture the modular and innovative furniture
•
Working Capital Requirement
•
General Corporate Expenses
•
Issue Expenses

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Milestone Furniture Limited IPO is a Fixed Priced IPO worth ₹32,97,000 Equity Shares of Rs 10/- each at a price of 45/- per share aggregating to 14.84 Cr. The issue price is ₹45 per share (fixed price). The IPO opens on May 7, 2018 and closes on May 11, 2018. It will be listed on BSE SME Platform. Karvy Computershare Private Limited is the registrar.

The issue price of Milestone Furniture Limited IPO is ₹45 per share (fixed price).

The lot size of Milestone Furniture Limited IPO is 3000 shares.

The minimum investment for Milestone Furniture Limited IPO is approximately ₹1,35,000 based on the issue price .

Milestone Furniture Limited IPO opens on May 7, 2018 and closes on May 11, 2018.

The allotment date of Milestone Furniture Limited IPO is May 17, 2018.

Milestone Furniture Limited IPO is expected to be listed on May 21, 2018, on BSE SME Platform.

Milestone Furniture Limited IPO valuation snapshot: P/E 129, EPS Rs 0.35, P/B N/A, RoNW 8%, and market cap N/A.

To apply for Milestone Furniture Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Milestone Furniture Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Milestone Furniture Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Milestone Furniture Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Milestone Furniture Limited IPO allotment status on IPO Ji for quick and easy access.