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IPO Details


Milton Industries Ltd
Registered Office: 1/2 Chitra-Ami Appartment, Opp La Gajjar Chamber AshramRd, Ahmedabad - 380009, Gujarat
Phone: 91-79-26584193/26588448
Email: milton@miltonindustries.in
Website: www.miltonindustries.in
Initial public offer of 42,00,000 equity shares of face value of Rs. 10 each (equity shares) of Milton Industries Limited (the Company or issuer) for cash at a price of Rs. 34.00 per equity share (including a share premium of Rs. 24.00 per equity share) (issue price) aggregating to Rs. 14.28 Crores (issue) of which 2,16,000 equity shares of face value of Rs.10.00 each for a cash price of Rs. 34.00 per equity share, aggregating to Rs. 0.73 Crores will be reserved for subscription by market maker (market maker Reservation portion). The issue less the market maker reservation portion i.e. Issue of 39,84,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 34.00 per equity share aggregating to Rs. 13.55 Crores (is hereinafter referred to as the net Issue). The issue and the net issue will constitute 27.18% and 25.79%, respectively of the post issue paid up equity share capital of the company. For further details, please refer to section titled terms of the issue beginning on page 216 of this draft Prospectus. The face value of the equity shares is Rs. 10.00 each and the issue price is Rs. 34.00. The issue price is 3.4 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
29-Sep-2017 06-Oct-2017 34.00 0.00
Minimum Application for shares in Nos : 4000 Further Multiples of : 4000
()Cr. Lead Managers to the Issue
Project Cost 14.28 Swastika Investmart Ltd
Project Financed through Current Offer 14.28
Post Issue Equity Share Capital 15.45
Issue Price 34.00
Projects
To meet working capital requirement
General Corporate Expenses
Promoted By
Vijay Pal Jain
Ajay Mahipal Singh Jain
Abhaykumar Mahipal Singh Jain
Listing At
NSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd

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