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Open
29 Sep to 6 Oct, 2017
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Close
29 Sep to 6 Oct, 2017
3
Allotment
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Listing
Mon, Oct 16, 2017
Price Band
₹34 per share
Issue Size
42,00,000 shares (agg. up to ₹14 Cr)
Lot Size
4,000 Shares
Listing Date
Mon, Oct 16, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 13.96x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|
| Assets | 55.93 | 48.52 | 47.67 |
| Total Income | 43.63 | 42.03 | 42.28 |
| Profit After Tax | 1.15 | 0.22 | 0.63 |
| NET Worth | 13.34 | 12.17 | 11.92 |
| Reserves and Surplus | 8.34 | 7.17 | 6.92 |
| Total Borrowing | 21.03 | 21.94 | 19.29 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Airo Lam Ltd. | SME | ₹15.21 Cr | ₹38 | null | ₹45.60 | +20.00% | ₹90.82 (+1.90%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 13.00 |
| 2 | General Corporate Expenses | 0.91 |
About Milton Industries IPO
Incorporated in 1985, Milton Industries Limited is Ahmedabad Gujrat based manufacturer and exporter of Laminates, Artificial Leather cloth and Glass Fibre Reinforced Epoxy (GFRE) Sheets.The laminates produced by the company are used on walls, doors, windows, cupboards, tabletops, hotels, cash counters, home kitchen, etc. PVC Coated Fabrics produced by the company are sold to Government Agencies, such as Indian Railways, State Transport Corporation of Different States and also exported to different countries.Milton Industries has two manufacturing units in Mehsana and Sabarkantha, both located in Gujrat. The development process includes design, development, testing, manufacturing and delivery of the products.Strengths of Milton Industries:1. Cost efficient manufacturing and supply chain management2. The location of manufacturing facilities gives a significant competitive cost advantage in terms of raw material sourcing, manufacturing and labour costs.3. Our Promoter has around 32 years of experience in the industry.4. Presence in many countries5. Extensive distribution network+ Read More
Contact Details
Milton Industries Ltd. Address1/2, Chitra-Ami AppartmentOpp.La Gajjar ChamberAshram RoadAhmedabad, Gujarat, 380009+91-79-26584193cs@miltonindustries.inVisit Website