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Meera Industries IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Surat and caters to Textiles sector. Aryaman Financial Services is the merchant banker of Meera Industries IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 17th May 2019.
Meera Industries IPO open date is 27th April 2019 and close date is 4th May 2019. IPO Allotment Date is 12th May 2019 and Listing date is 26th June 2019.
IPO
Size:
₹ 11.75 Cr.
Avg IPO Size (Sector Based)
: ₹
14.53 cr.
Sector: Textiles
SME
IPO so far:
87
Merchant Banker:
Aryaman Financial
SME
IPO by BRLM so far:
86
City:
Surat
SME
IPO so far:
40
Revenue (annualised):
₹
47.44
cr. 
PE
Ratio:
19.00x
Average Sector PE Ratio: 19.35x
Meera Industries IPO size is ₹ 11.75 Cr. with IPO price of ₹ 36.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Aryaman Financial Services Limited is the book-running lead manager of the Meera Industries IPO. Kfin Technologies Limited is the Registrar and Market Maker is Aryaman Capital Markets Limited( for Meera Industries IPO.
Meera Industries IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Meera Industries IPO, based in Surat, operates in the Textiles sector with a focus on . The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Meera Industries IPO size is ₹ 11.75 Cr. with fresh issue size of ₹ 11.75 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Meera Industries IPO is expected to be 12th May 2019, after the finalization of basis of allotment. Investors can check Meera Industries IPO allotment status on the registrars website, Kfin Technologies Limited. Meera Industries IPO refund dates are 13th May 2019.
Meera Industries IPO is expected to be listed on 26th June 2019.
The upper price band for the Meera Industries IPO is set at ₹ 36.00 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 Meera 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 Meera 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 4th May 2019. After submission, funds are blocked until the basis of allotment of Meera Industries IPO is finalised.
The merchant banker for Meera Industries IPO is Aryaman Financial Services Limited . Aryaman Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Meera Industries IPO RHP for further details.
The registrar for Meera Industries IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Meera Industries IPO through their official website or helpline.
Meera Industries IPO was subscribed 1.16 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 11.75 Cr.
Avg IPO Size (Sector Based)
:
₹ 14.53 Cr.
Sector: Textiles
SME
IPO so far:
87
Merchant Banker:
Aryaman Financial
SME
IPO by BRLM so far:
86
City:
Surat
SME
IPO so far:
40
Revenue (annualised):
₹ 47.44 cr.
PE
Ratio:
19.00x
Average Sector PE Ratio: 19.35x
Meera Industries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Meera Industries Financial Review Page
Merchant Banker(s) of Meera Industries IPO: Aryaman Financial Services Limited
Meera Industries IPO subscription was 1.16 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.
Meera Industries IPO listed at a listing price of 221.90 against the offer price of 225.00.
The current market price of Meera Industries is 59.72.
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