IPO

Mittal Life Style Limited IPO

NSE SME

Offer Date: Mar 19, 2018 - Mar 21, 2018

₹ 252000 /12000 Shares
*Min Investment

19 Mar, 2018

Open Date

21 Mar, 2018

Close Date

27 Mar, 2018

Allotment Date

02 Apr, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 21 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 21,00,000 Equity Shares of Rs 10/- each at a price of Rs 21 per share aggregating to 4.41 Cr
  • Listing at NSE SME
  • Lead Manager Sarthi Capital Advisors Private Limited
  • Registrar Bigshare Services Pvt. Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Mittal Life Style Limited IPO is an SME IPO, priced at Rs 21 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 Mar 19, 2018 to Mar 21, 2018. The allotment is expected to be finalized on Mar 27, 2018, and the tentative listing date is Apr 2, 2018.


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

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IPO Subscription Analysis And Details
Retail
5.00x
Total
29.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved4,26,0004,26,0008,52,000
Day 1 19-03-18
4,86,000 1.14 x78,000 0.18 x5,64,000 0.66 x
Day 2 20-03-18
22,14,000 5.20 x3,06,000 0.72 x25,20,000 2.96 x
Day 3 21-03-18
23,46,000 6.21 x5,70,000 1.34 x29,16,000 3.42 x
Valuations
Earnings Per Share (EPS) Rs 0.48
P/E Ratio 44
RoNW 6.42%
Net Asset Value (NAV) - (Post Issue) Rs 13.71
IPO - Issue Objectives
1

Repayment of Unsecured Borrowings.

2

General Corporate Purpose

3

Issue Expenses