IPO

Mittal Life Style Ltd IPO

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Public issue of 21,00,000 equity shares of face value of Rs. 10/- each fully paid up of Mittal Life Style Limited(MLSL or the company or the issuer) for cash at a price of Rs. 21/- per equity share (the issue price) (including a share premium of Rs. 11/- per equity share aggregating Rs. 4.41 crores (the issue) by the company, of which 1,20.000 equity shares of Rs. 10/- each fitly paid up mill be reserved for subscription by market maker to the issue (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 19,80,000 equity shares of Rs. 10/- each fully paid it is hereinafter referred to as the net issue. The issue and the net issue will constitute 29.79% and 28.09% respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10/- each. The Issue Price is Rs. 21/- per equity share. The Issue price is 2.10 times the face value.

Mittal Life Style Ltd IPO Subscription Details

Company

Mittal Life Style Ltd

Issue Type

Fixed Price - SME

Open Date

19 Mar

Close Date

21 Mar

Offer Price

21.00

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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

Mittal Life Style 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 Mittal Life Style Ltd IPO

Company Contact Information

Mittal Life Style Ltd IPO
Unit No. 8/9 Ravikiran,
New Link Road Andheri (West),
Mumbai, Maharashtra 400053.

Phone: 91-22-26741792
Email: info@mittallifestyle.in

Mittal Life Style Ltd IPO Register

Bigshare Services Pvt Ltd

Mittal Life Style Ltd IPO Lead Manager(s)

  • Sarthi Capital Advisors Pvt Ltd

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