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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 |
|---|---|---|
| Assets | 307.98 | 275.48 |
| Total Income | 669.43 | 909.23 |
| Profit After Tax | 7.92 | 11.51 |
| EBITDA | 16.55 | 21.40 |
| NET Worth | 48.40 | 40.53 |
| Reserves and Surplus | 31.88 | 24.01 |
| Total Borrowing | 54.78 | 61.03 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shreedhar Spinners Ltd. | SME | ₹30.68 Cr | ₹53 | 13.44 | ₹57.10 | +7.74% | ₹90.05 (-3.69%) |
| Harikanta Overseas Ltd. | SME | ₹24.30 Cr | ₹91 | 14.66 | ₹75.77 | -16.74% | ₹74.49 (-1.18%) |
| Yajur Fibres Ltd. | SME | ₹120.41 Cr | ₹174 | 23.49 | ₹132.25 | -23.99% | ₹37.39 (+2.02%) |
| K K Silk Mills Ltd. | SME | ₹28.50 Cr | ₹38 | 12.12 | ₹30.40 | -20.00% | ₹10.01 (-2.34%) |
| Game Changers Texfab Ltd. | SME | ₹54.84 Cr | ₹102 | 10.58 | ₹109.35 | +7.21% | ₹95.75 (-1.29%) |
| Sihora Industries Ltd. | SME | ₹10.56 Cr | ₹66 | 13.14 | ₹66.50 | +0.76% | ₹59.00 (+0.00%) |
| Siddhi Cotspin Ltd. | SME | ₹69.85 Cr | ₹108 | 16.06 | ₹82.10 | -23.98% | ₹28.55 (+0.35%) |
| Rachit Prints Ltd. | SME | ₹19.50 Cr | ₹149 | 11.85 | ₹113.25 | -23.99% | ₹204.00 (-0.07%) |
| Alpine Texworld Ltd. | Mainboard | ₹126.25 Cr | ₹105 | 12.68 | ₹99.75 | -5.00% | ₹85.54 (-4.99%) |
| Kusumgar Ltd. | Mainboard | ₹650.00 Cr | ₹419 | 44.8 | ₹602.80 | +43.87% | ₹601.35 (-1.30%) |
| Aastha Spintex Ltd. | Mainboard | ₹170.00 Cr | ₹136 | 18.78 | ₹136.49 | +0.36% | ₹102.62 (-0.58%) |
| Shree Ram Twistex Ltd. | Mainboard | ₹110.24 Cr | ₹104 | 38.21 | ₹71.40 | -31.35% | ₹40.28 (+0.20%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in our Subsidiary for financing Proposed Project | 34.20 |
| 2 | Funding company's incremental working capital requirements | 24.80 |
| 3 | General Corporate Purposes |
About Milan Ginning Pressing IPO
Milan Ginning & Pressing is engaged in the business of ginning and pressing cotton. It manufactures cotton bales, open end yarn, cotton seed, cotton seed oil, cotton linter, De Oil cakes, hulls and trading of cotton bales, open end yarn, cotton yarn, fabric, polyester yarn, and other miscellaneous products. The company typically procures raw cotton from farmers and separates the cotton lint from seeds using mechanical ginning machines. The lint is then pressed into bales and sold to spinning mills and textile companies, while the cottonseed is often sold to oil mills for further processing. Milan Ginning & Pressing is known for its consistent quality, efficient processing capabilities, and adherence to industry standards. It caters to textile manufacturers and exporters. Its production facility is located in Limbdi, Surendranagar, Saurashtra, Gujarat, India, across an area of 22,864.75 square meter. Competitive strengths Strategically located manufacturing facility Sustainable energy utilization through Wind Mill High-quality manufacturing standard Export in international market Experienced Promoters and management team + Read More
Contact Details
Milan Ginning Pressing Ltd. AddressRevenue Survey No.555/P, Near Chorania440KV Watt Sub Station, National Highway-8Untadi, Surendra Nagar,Limbdi, Gujarat, 363421+91 027 5329 900cs@milangroupindia.comVisit Website