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  HOME  >  IPO  >   IPO SNAPSHOT
IPO Snapshot    
Meera Industries Ltd.
Issue Open Date 13-Jun-19  
Issue Closing Date 18-Jun-19  
Application Money 100  
Allotment Money  
Price Band 225 -  
Minimium Application No. 500  
Issue Size (Shares) 522000  
Market Lot 1.00  
Objective
(a) Fund expansion of our existing manufacturing facilities at Sachin, Surat; and(b) Fund expenditure for General Corporate Purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     488500   NA  
Qualified Institutional Buyers     2000   NA  
Retail Individual Investors     80500   NA  
Business Description
Promoter's Holding
Total Share Capital   2800000  
Offered to Public   522000  
Promoter's Holding (Pre-Issue)   71.29  
Promoter's Holding (Post-Issue)   62.93  
Address
2126
Road No. 2
G I D C
Sachin
Surat ,
Gujarat ,
394230
Phone: 0261-2399114 / 9879563372
Email: info@meeraind.com / cs@meeraind.com
Website: www.meeraind.com
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
105-108
Arunachal Building
19
Barakhamba Road
New Delhi
Listed at
BSE
Lead Manager
Aryaman Financial Services Ltd.
Guiness Corporate Advisors Pvt Ltd. (Formerly Known As Guiness Merchant Bankers Pvt Ltd)
Promoters
Bijal D Desai
Dharmesh V Desai
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  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
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