IPO

Milestone Furniture Ltd IPO

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Public issue of 32,97,000 equity shares of face value of Rs. 10/- each (equity shares) of Milestone Furniture Limited (the company or the issure) for cash at a price Rs. 45/- per equity share (including a share premium of Rs. 35/- per equity share) (issue price) aggregating to Rs. 14.84 crores (the issue), of which 1,65,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. 45/- per equity share, aggregating to Rs. 0.74 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 31,32,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 45 per equity share aggregating to Rs. 14.10 crores (is hereinafter referred to as the net issue). The issue and the net issue will constitute 35.46% and 33.69%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10/- each and the issue price is Rs. 45/-. The Issue price is 4.5 times of the face value.

Milestone Furniture Ltd IPO Subscription Details

Company

Milestone Furniture Ltd

Issue Type

Fixed Price - SME

Open Date

07 May

Close Date

11 May

Offer Price

45.00

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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of Milestone Furniture Ltd IPO

Company Contact Information

Milestone Furniture Ltd IPO
1st Floor Aslam Compound Shree,
Nagar Chandivali Road Sakinaka,
Mumbai, Maharashtra 400072.

Phone: 91-022-28581499/28578954
Email: vyas_cs@yahoo.in

Milestone Furniture Ltd IPO Register

KFin Techologies Pvt Ltd

Milestone Furniture Ltd IPO Lead Manager(s)

  • Monarch Networth Capital Ltd

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