Milestone Furniture Limited Ipo Allotment

Milestone furniture limited ipo allotment

Milestone Furniture IPO Review, Price, Allotment

 06-May-18   SME IPO   MyIpo

Milestone Furniture Limited is a Mumbai based company established in 2014. The Company engaged in marketing of interior and Modular Furniture business and turnkey solutions.

Milestone furniture limited ipo allotment

The Company main expertise in Space and work station Management, designing and innovation in Furniture used in Education, Corporate organization and Healthcare.

 

Company have also developed the in house technical and design team to provide turnkey solution and implementation of interior and work space in commercial, Residential and Institutions.

 

Object of The Issue

  • To set up the manufacturing facility to manufacture the modular and innovative furniture
  • Working Capital Requirement
  • General Corporate Expenses
  • To meet the expenses of the issue

 

You can find Milestone Furniture IPO allotment status on IPO Allotment Status page and Milestone Furniture IPO Listing detail on IPO Listing Date page.

Milestone Furniture IPO Review By MyIpo

Neutral

Milestone Furniture IPO Details

  • IPO Open : 07-May-18
  • IPO Close : 11-May-18
  • IPO Size : 14.09 Cr
  • IPO Lot Size : 3000 (Minimum Lot)
  • Price Band : 45 Per Share
  • Retail Discount : N/A
  • Minimum-Amount : 135000
  • Retail Portion : 50% and (7.05 Crs at upper price band)
  • Listing On : BSE
  • Face Value : 10 Per Equity Share
  • Equity : 3132000 Share

Milestone Furniture IPO Allotment & Listing

  • Allotment Ratio: Adding Later
  • Allotment : 17-May-18
  • Refund : 17-May-18
  • Credit To Demat A/C : 18-May-18
  • Listing : 21-May-18
  • Allotment Link : Link 1

Milestone Furniture IPO Valuation of Peers Group Companies

Milestone Furniture IPO Subscription (no of times)

DaysQIBHNIRetailEmpTotal
Day 10.000.811.71N/A1.26
Day 20.000.812.23N/A1.52
Day 30.000.812.49N/A1.65
Day 40.000.823.45N/A2.13
Last Day0.000.906.89N/A3.90

Milestone Furniture IPO Listing Details

DetailsNSEBSE
Issue PriceN/A45
OpenN/A45
HighN/A45.45
LowN/A42.75
CloseN/A45

Milestone Furniture IPO live quote: Click Here

Milestone Furniture Financial Performance

Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana

Phone: +91 40 6716 2222 
Fax:
 +91 40 2343 1551 
Email:
[email protected]
Website: www.karvycomputershare.com

Milestone Furniture Limited
1st Floor, Aslam Compound Shree Nagar
Behind Boghul House, Chandivali Road
Sakinaka, Mumbai – 400 072

Phone: +91 022 2858 1499
Email:[email protected]
Website: www.milestonegroup.asia

CompaniesEPSP/ERoNW(%)NAV/Share
Milestone Furniture93.930.48813.36
Nilkamal79.3823.1416.98467.16
PIL Italica Lifestyle0.4333.2635.101.20
Omfurn India3.227.3010.3131.21
Rs in CrFY2014FY2015FY2016FY20178M FY2018
Total Revenue0.832.172.305.3215.93
Total Expenses0.333.245.248.4419.62
Profit After Tax0.030.050.200.320.63
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Milestone furniture limited ipo allotment