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

Milestone Furniture Ltd IPO Frequently Asked Questions

Stove Kraft Ltd, kitchen appliances manufacturer is coming up with its Initial public Offerings on January 25 with the public issue comprising a fresh issue size of ₹412.63Cr.

You can apply for the Stove Kraft IPO using any supported UPI apps. To Apply on 5paisa App follow the procedure mentioned above. For further details Click Here.

Stove Kraft IPO will open on January 25, 2021.

Stove Kraft IPO Lot size is 38 equity shares, that means you can apply for one lot consisting 38 equity shares.

Shares of Stove Kraft will be getting allotted on 02nd February,2021.

Stove Kraft Shares will be getting listed on 05 February, 2021.

Here is the minimum investment calculation of Stove Kraft IPO
Lot size – 38 * Issue Price ₹385 = ₹14,630
Hence the minimum investment amount required to invest in Stove Kraft IPO is ₹14,630. As per the maximum limit that is allowed by SEBI you can apply for 13 lots.

No, one bank account one IPO application is allowed.

Cut off Price for Stove Kraft IPO is ₹14,630


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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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