✓
Open
13 Jun 2019
✓
Close
18 Jun 2019
3
Allotment
—
✓
Listing
Wed, Jun 26, 2019
Price Band
₹225 per share
Issue Size
5,22,000 shares (agg. up to ₹12 Cr)
Lot Size
500 Shares
Listing Date
Wed, Jun 26, 2019
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.05x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Jan 2017 | 31 Mar 2016 | 31 Mar 2015 | 31 Mar 2014 |
|---|---|---|---|---|
| Assets | 8.15 | 6.07 | 4.95 | 4.49 |
| Total Income | 11.37 | 8.18 | 8.01 | 7.52 |
| Profit After Tax | 0.96 | 0.49 | 0.23 | 0.16 |
| NET Worth | 4.14 | 3.18 | 2.69 | 2.46 |
| Reserves and Surplus | 1.37 | 2.08 | 1.58 | 1.35 |
| Total Borrowing | 0.01 | 0.08 | 0.11 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Marine Electricals (India) Ltd. | SME | ₹42.87 Cr | ₹66 | null | ₹66.60 | +0.91% | ₹421.05 |
| Spectrum Electrical Industries Ltd. | SME | ₹25.87 Cr | ₹65 | null | ₹65.50 | +0.77% | ₹2,741.60 |
| Marshall Machines Ltd. | SME | ₹16.25 Cr | ₹42 | null | ₹39.30 | -6.43% | ₹13.89 |
| Aaron Industries Ltd. | SME | ₹4.78 Cr | ₹38 | null | ₹38.70 | +1.84% | ₹134.50 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To purchase additional plant and machineries for the existing manufacturing facility at Surat, Gujarat | 0.90 |
| 2 | Setting up of new manufacturing facility to manufacture yarn at Surat, Gujarat | 0.51 |
| 3 | Funding of working capital requirements of the Company | 1.28 |
| 4 | General Corporate Expenses | 0.90 |
| 5 | Issue Expenses | 0.30 |
About Meera Industries FPO
Updated on Aug 5, 2026
Contact Details
Meera Industries Ltd. Address2126, Road No.2GIDCSachinSurat, Gujarat, 394230+ 91 261 2399114info@meeraind.comVisit Website