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Issue Open Date
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29-Sep-17
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Issue Closing Date
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06-Oct-17
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Application Money
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100
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Allotment Money
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Price Band
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34
-
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Minimium Application No.
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4000
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Issue Size (Shares)
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4200000
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Market Lot
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1.00
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Objective
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OBJECTS OF THE ISSUEThe Issue includes an Issue of 42,00,000 Equity Shares of our Company at an Issue Price of ` 34.00 per Equity Share.The Net Proceeds from the Fresh Issue will be utilized towards the following objects:1. To Meet Working Capital Requirement2. General Corporate Purpose3. To Meet the Issue Expenses
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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22140000
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NA
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Qualified Institutional Buyers
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NA
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Retail Individual Investors
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36072000
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NA
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Business Description
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OVERVIEWOur Company, Milton Industries Limited is an ISO 9001:2008 certified company and engaged in manufacturing of Laminates,Artificial Leather cloth and Glass Fibre Reinforced Epoxy (GFRE) Sheets in the state of Gujarat. We are manufacturer and exporterof p |
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Promoter's Holding
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Total Share Capital
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11250000
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Offered to Public
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4200000
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Promoter's Holding (Pre-Issue)
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100
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Promoter's Holding (Post-Issue)
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72.82
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Address |
1/2 Chitra- Ami Appartment Opp. La Gajjar Chamber Ashram Road
Ahmedabad
,
Gujarat
,
380009
Phone:
079 26584193, 26588448
Email:
ac@miltonindustries.in
Website:
www.miltonindustries.in
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Registrar |
Bigshare Services Pvt Ltd
G 10 Left Wing Amruta Village Opp: Yashoda Hospital Raj Bhavan Road Somajiguda Hyderabad
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Listed at |
NSE
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Lead Manager |
Swastika Investmart Ltd.
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Promoters |
Abhaykumar Mahipalsingh Jain Ajay Mahipal Singh Jain Saket Jain Vijay Pal Jain Vikas Jain
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