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Open
27 Apr to 4 May, 2017
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Close
27 Apr to 4 May, 2017
3
Allotment
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Listing
Mon, May 15, 2017
Price Band
₹36 per share
Issue Size
10,80,000 shares (agg. up to ₹4 Cr)
Lot Size
3,000 Shares
Listing Date
Mon, May 15, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 9.10x |
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 |
|---|---|---|---|---|---|---|---|
| Crown Lifters Ltd. | SME | ₹6.68 Cr | ₹121 | null | ₹109.00 | -9.92% | ₹115.58 |
| HPL Electric & Power Ltd. | Mainboard | ₹361.00 Cr | ₹202 | null | ₹189.30 | -6.29% | ₹303.00 |
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 |
| Total | 3.59 |
About Meera Industries IPO
Updated on Aug 5, 2026
Contact Details
Meera Industries Ltd. Address2126, Road NO.2GIDCSachin SuratSachin, Gujarat, 394230+ 91-261-2399114cs@meeraind.comVisit Website