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Milton Industries IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 14.28 Cr. The company is based in Ahmedabad and caters to Furniture sector. Swastika Investmart is the merchant banker of Milton Industries IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th August 2017.
Milton Industries IPO open date is 29th September 2017 and close date is 6th October 2017. IPO Allotment Date is 30th November -0001 and Listing date is 16th October 2017.
IPO
Size:
₹ 14.28 Cr.
Avg IPO Size (Sector Based)
: ₹
21.92 cr.
Sector: Furniture
SME
IPO so far:
24
Merchant Banker:
Swastika Investmart
SME
IPO by BRLM so far:
34
City:
Ahmedabad
SME
IPO so far:
182
Revenue (annualised):
₹
43.63
cr. 
PE
Ratio:
12.00x
Average Sector PE Ratio: 17.68x
Milton Industries IPO size is ₹ 14.28 Cr. with IPO price of ₹ 34.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Swastika Investmart Limited is the book-running lead manager of the Milton Industries IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Beeline Broking Ltd. for Milton Industries IPO.
Milton Industries IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Milton Industries IPO, based in Ahmedabad, operates in the Furniture sector with a focus on manufacturing of laminates and further diversified in manufacturing and exports of Artificial Leather cloth and GFRE Sheets. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Milton Industries IPO size is ₹ 14.28 Cr. with fresh issue size of ₹ 14 and Offer for sale being ₹ Nil
The IPO allotment date for Milton Industries IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Milton Industries IPO allotment status on the registrars website, Bigshare Services Private Limited . Milton Industries IPO refund dates are 30th November -0001.
Milton Industries IPO is expected to be listed on 16th October 2017.
The upper price band for the Milton Industries IPO is set at ₹ 34.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Milton Industries IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Milton Industries IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 6th October 2017. After submission, funds are blocked until the basis of allotment of Milton Industries IPO is finalised.
The merchant banker for Milton Industries IPO is Swastika Investmart Limited . Swastika Investmart Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Milton Industries IPO RHP for further details.
The registrar for Milton Industries IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Milton Industries IPO through their official website or helpline.
Milton Industries IPO was subscribed 0.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 14.28 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.92 Cr.
Sector: Furniture
SME
IPO so far:
24
Merchant Banker:
Swastika Investmart
SME
IPO by BRLM so far:
34
City:
Ahmedabad
SME
IPO so far:
182
Revenue (annualised):
₹ 46.20 cr.
PE
Ratio:
12.00x
Average Sector PE Ratio: 17.68x
Milton Industries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Milton Industries Financial Review Page
Merchant Banker(s) of Milton Industries IPO: Swastika Investmart Limited
Milton Industries IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Milton Industries IPO listed at a listing price of 34.35 against the offer price of 34.00.
The current market price of Milton Industries is 28.90.
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