IPO

Milton Industries Limited IPO

NSE SME

Offer Date: Sep 29, 2017 - Oct 6, 2017

₹ 272000 /8000 Shares
*Min Investment

29 Sep, 2017

Open Date

06 Oct, 2017

Close Date

11 Oct, 2017

Allotment Date

16 Oct, 2017

Listing Date
IPO Issue Details
  • Issue Price Rs 34 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 42,00,000 Equity Shares of Rs 10 aggregating up to Rs 14.28 Cr
  • Listing at NSE SME
  • Lead Manager Swastika Investmart Ltd
  • Registrar Bigshare Services Pvt. Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Milton Industries Limited IPO is an SME IPO, priced at Rs 34 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the NSE SME platform.

The IPO bidding window is open from Sep 29, 2017 to Oct 6, 2017. The allotment is expected to be finalized on Oct 11, 2017, and the tentative listing date is Oct 16, 2017.


The registrar of the IPO is Bigshare Services Pvt. Ltd, and

Read More
IPO Subscription Analysis And Details
Retail
18.11x
Total
14.61x
As on QIB / NII Retail Total
Shares Offered / Reserved 19,92,000 19,92,000 39,84,000
Day 1 29-09-17
1.14 x 0.51 x 0.83 x
Day 2 03-10-17
1.14 x 0.85 x 0.99 x
Day 3 04-10-17
1.14 x 1.12 x 1.13 x
Day 4 05-10-17
1.17 x 2.33 x 1.75 x
Day 5 06-10-17
11.11 x 18.11 x 14.61 x
Valuations
Earnings Per Share (EPS) Rs 0.75
P/E Ratio 45.51
RoNW 8.65%
Net Asset Value (NAV) Rs 26.69
IPO - Issue Objectives
1

To meet working capital requirement

2

General Corporate Purpose

3

To meet the Offer Expenses