74  Total SME IPOs listed in 2025

3,229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Meera Industries IPO (Meera Industries Limited IPO) Detail

Meera Industries Limited is an Textiles based company, located in Surat, Meera Industries Limited IPO size was 3.89 Cr. and was issued at 36.00 per share. The share of Meera Industries Limited were listed at 36.05 per share and are currently trading at 69.47 per share.

Type :
Sub Sector : Manufacturing Of Yarn Twisting Winding And Heat-Setting Machine For Textile Industries
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
13.64 Cr.

PAT :
1.15 Cr.

Pricing Report

Issue Price :
36.00

Listing Price :
36.05

Current Market Price :
69.47

Issue Price vs CMP :
33.47 (92.97%)

listing Price vs CMP :
33.42 (92.70%)

Performance Report (CAGR* wise)

CAGR : 8.46
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Meera Industries

Company Information
Meera Industries is a growing textile machine manufacturer dealing in twisting, cabling, winding and heat setting machines. They design, develop and sell high-performance machines to various processing and manufacturing units in the textile industry. The huge repository of knowledge and technology base that the Company has developed since inception is a strong base to outperform the competition and be abreast in the market. This supports the Company to constantly upgrade the technologies to meet present and futuristic requirements of their customers. They ensure the quality of their products through rigorous testing including testing of sub system before integration and followed by testing of the entire system when assembled. They provide a combination of designing, manufacturing, testing facilities and after sales support that provides customer delight
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Object of Issue
  • To purchase additional plant and machineries for the existing manufacturing facility at Surat, Gujarat
  • Setting up of new manufacturing facility (yarn division at Surat, Gujarat
  • Funding of working capital requirements
  • General Corporate Purposes
  • Issue Expenses

Meera Industries SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
May, 2017
IPO Size :
3.89 Cr.
PE Multiple :
12.00
Anchor Investors:
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Peer Companies Of This Sector

FAQs

Meera Industries operates in Textiles and Manufacturing Of Yarn Twisting Winding And Heat-Setting Machine For Textile Industries. The Issue is listed on BSE SME in May, 2017. Meera Industries IPO size was 3.89 Cr. with Issue price of 36.00 .

Meera 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.

Meera Industries IPO listed at a listing price of 36.05 against the offer price of 36.00.

The current market price of Meera Industries is 69.47.

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