Mittal Life Style Ltd IPO


IPO Subscription Details

  • Open Date 19 Mar
  • Close Date 21 Mar
  • Lot Size 6000
  • IPO Size ₹ 4.41 Cr
  • IPO Price Range ₹ 21
  • Min Investment ₹ 126000

IPO Synopsis

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.

How to apply for IPO?

  • Login to your 5paisa account 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 mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Mittal Life Style Ltd IPO

Contact Information

Unit No. 8/9 Ravikiran,
New Link Road Andheri (West),
Mumbai, Maharashtra 400053

Mittal Life Style Ltd IPO Lead Manager

Sarthi Capital Advisors Pvt Ltd

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