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Meera Industries Ltd.

Meera Industries Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹36
₹36
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹36
Based on GMP
Min. Investment
₹108,000
1 lot × 3000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
27 Apr 2017
Close Date
04 May 2017
Allotment
10 May 2017
Listing Date
15 May 2017
Exchange
BSE SME
Price Band
₹36
Listing Price
See chart
Allotment Status
Price Band
₹36
Per share
Face Value
₹10 per share
 
Lot Size
3,000 Shares
per lot
Issue Size
10,80,000 shares (aggregating up to ₹3.89 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹108,000
1 lot
Pre-IPO Holding
39,27,500 shares
Promoters
Post-IPO Holding
50,07,500 shares
Promoters
UPI Deadline
2017-05-04
Mandate
Anchor AllotmentWed, 26 Apr 2017
Basis of AllotmentWed, 10 May 2017
Refund InitiationThu, 11 May 2017
Demat CreditThu, 11 May 2017
Listing DayMon, 15 May 2017
UPI Mandate Deadline2017-05-04
Sale TypeFresh Capital
Net Offer to Public10,20,000 shares (aggregating up to ₹3.67 Cr)
Market Maker Quota60,000 shares (aggregating up to ₹0.2160 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Meera Industries Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 04 May 2017.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
60,000
— ₹0.22
QIB
Over 1.00x
— — —
NII / HNI
Over 1.00x
— — —
Retail
Over 1.00x
— — —
Total 1.00x
1,080,000
100% ₹3.89
IPO Shares Offered
Meera Industries Ltd. IPO total issue size: ₹3.89 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 60,000 ₹0.22
5.56%
Total 1,080,000 ₹3.89
100.00%
* Based on upper price band ₹36 per share
Lot Size & Investment
Lot Size
3,000
Shares per Lot
Issue Price
₹36.00
Upper Band
Min Investment
₹108,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)26,000₹216,000
Retail (Max — 13 Lots)1339,000₹1,404,000
S-HNI (Min — 14 Lots)1442,000₹1,512,000
B-HNI (Min — 68 Lots)68204,000₹7,344,000
* Issue Price ₹36 × Lot Size 3,000 shares
IPO Schedule
Anchor
26 Apr 2017
✓ Done
IPO Open
27 Apr 2017
✓ Done
IPO Close
04 May 2017
✓ Done
Allotment
10 May 2017
✓ Done
Refunds
11 May 2017
✓ Done
Demat Credit
11 May 2017
✓ Done
Listing Day
15 May 2017
✓ Done
Meera Industries Ltd. — Live Price LIVE
₹36.00
INR · BSE
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Issue ₹36.00 Live Price
About Meera Industries Ltd.
Incorporated in 2006, Meera Industries Ltd (MIL) is engaged in the manufacturing of Yarn Twisting, Winding and Heat-Setting Machine for textile industries. Company's products are sold under the brand name "MEERA".MIL cater to the domestic market as well as Exports the products to continents like America, South America, Africa, Europe and Asia and major countries like Germany, Spain, Turkey, Thailand, Belgium, USA etc.They have government recognized in-house R&D Center by Department of Scientific and Industrial Research, Government of India located within the manufacturing unit.
Objects of the Issue
1
To fund expansion of manufacturing facilities at Sachin, Surat
2
To fund expenditure for General Corporate Purposes
Meera Industries Ltd. Financials (Amount in Rs Cr)
Revenue from Operations
N/A
FY 2022-23
N/A
FY 2023-24
N/A
FY 2024-25
Profit After Tax (PAT)
N/A
FY 2022-23
N/A
FY 2023-24
N/A
FY 2024-25
ParticularsFY 2024-25FY 2023-24FY 2022-23
Revenue from Operations N/A N/A N/A
EBITDA N/A N/A N/A
Profit After Tax (PAT) N/A N/A N/A
Net Worth N/A N/A N/A
Total Assets N/A N/A N/A
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A — —
PAT Margin (%) N/A — —
Financial data will be published once DRHP/RHP is filed with SEBI.
Issue Structure & Shareholding
Total Shares Offered10,80,000 (100.00%)
Net Offer to Public10,20,000 shares (aggregating up to ₹3.67 Cr)
Reserved for Market Maker60,000 shares (aggregating up to ₹0.2160 Cr)
Pre-Issue Promoter Holding39,27,500 shares
Post-Issue Promoter Holding50,07,500 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Oneview Corporate Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Meera Industries Ltd. IPO subscribed? ▲

Meera Industries Ltd. IPO is subscribed 1.00 times by May 04, 2017. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Meera Industries Ltd. IPO retail subscription status? ▼

The Meera Industries Ltd. IPO retail category is subscribed 1.00 times as of 04 May 2017. The retail portion is oversubscribed.

How to subscribe Meera Industries Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 27 Apr 2017 and closes 04 May 2017. Min investment: ₹108,000 (1 lot = 3,000 shares). UPI mandate: 2017-05-04.

How many times Meera Industries Ltd. IPO subscribed? ▼

The Meera Industries Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Meera Industries Ltd. IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 10 May 2017. Refunds: on 11 May 2017.

When Meera Industries Ltd. IPO will be listed? ▼

The Meera Industries Ltd. IPO listing date is 15 May 2017, Monday. Listed on: BSE SME. Issue price: ₹36. Estimated listing: ₹36. GMP: NIL.

When Meera Industries Ltd. IPO close? ▼

The Meera Industries Ltd. IPO closes on 04 May 2017, Thursday. UPI mandate: 2017-05-04. Allotment: 10 May 2017. Listing: 15 May 2017.