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Milton Industries

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹34
₹34
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹34
Based on GMP
Min. Investment
₹136,000
1 lot × 4000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
29 Sep 2017
Close Date
06 Oct 2017
Allotment
12 Oct 2017
Listing Date
16 Oct 2017
Exchange
NSE SME
Price Band
₹34
Listing Price
See chart
Allotment Status
Price Band
₹34
Per share
Face Value
₹10 per share
 
Lot Size
4,000 Shares
per lot
Issue Size
42,00,000 shares (aggregating up to ₹14.28 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹136,000
1 lot
Pre-IPO Holding
1,12,50,000
Promoters
Post-IPO Holding
1,54,50,000
Promoters
UPI Deadline
2017-10-06
Mandate
Anchor AllotmentThu, 28 Sep 2017
Basis of AllotmentThu, 12 Oct 2017
Refund InitiationFri, 13 Oct 2017
Demat CreditFri, 13 Oct 2017
Listing DayMon, 16 Oct 2017
UPI Mandate Deadline2017-10-06
Sale TypeFresh Capital
Net Offer to Public39,84,000 shares (aggregating up to ₹13.55 Cr)
Market Maker Quota2,16,000 shares (aggregating up to ₹0.7344 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
NSE ListingView on NSE →
Check AllotmentClick here →
Subscription Rate Final
Milton Industries IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 06 Oct 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
216,000
₹0.73
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
4,200,000
100% ₹14.28
IPO Shares Offered
Milton Industries IPO total issue size: ₹14.28 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 216,000 ₹0.73
5.14%
Total 4,200,000 ₹14.28
100.00%
* Based on upper price band ₹34 per share
Lot Size & Investment
Lot Size
4,000
Shares per Lot
Issue Price
₹34.00
Upper Band
Min Investment
₹136,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)28,000₹272,000
Retail (Max — 13 Lots)1352,000₹1,768,000
S-HNI (Min — 14 Lots)1456,000₹1,904,000
B-HNI (Min — 68 Lots)68272,000₹9,248,000
* Issue Price ₹34 × Lot Size 4,000 shares
IPO Schedule
Anchor
28 Sep 2017
✓ Done
IPO Open
29 Sep 2017
✓ Done
IPO Close
06 Oct 2017
✓ Done
Allotment
12 Oct 2017
✓ Done
Refunds
13 Oct 2017
✓ Done
Demat Credit
13 Oct 2017
✓ Done
Listing Day
16 Oct 2017
✓ Done
Milton Industries — Live Price LIVE
₹34.00
INR · NSE
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Issue ₹34.00 Live Price
About Milton Industries
Incorporated in 1985, Milton Industries Limited is Ahmedabad Gujrat based manufacturer and exporter of Laminates, Artificial Leather cloth and Glass Fibre Reinforced Epoxy (GFRE) Sheets.The laminates produced by the company are used on walls, doors, windows, cupboards, tabletops, hotels, cash counters, home kitchen, etc.PVC Coated Fabrics produced by the company are sold to Government Agencies, such as Indian Railways, State Transport Corporation of Different States and also exported to different countries.Milton Industries has two manufacturing units in Mehsana and Sabarkantha, both located in Gujrat. The development process includes design, development, testing, manufacturing and delivery of the products.Strengths of Milton Industries:1. Cost efficient manufacturing and supply chain management2. The location of manufacturing facilities gives a significant competitive cost advantage in terms of raw material sourcing, manufacturing and labour costs.3. Our Promoter has around 32 years of experience in the industry.4. Presence in many countries5. Extensive distribution network
Objects of the Issue
1
To Meet Working Capital Requirement
2
General Corporate Expenses
Milton Industries Financials (Amount in Lacs)
Revenue from Operations
₹4,228.4
31.03.2015
₹4,203.4
31.03.2016
₹4,363.2
31.03.2017
Profit After Tax (PAT)
₹63.0
31.03.2015
₹22.1
31.03.2016
₹115.4
31.03.2017
Particulars31.03.201731.03.201631.03.2015
Revenue from Operations 4363.17 4203.40 4228.35
EBITDA N/A N/A N/A
Profit After Tax (PAT) 115.43 22.10 62.98
Net Worth 1334.31 1216.52 1192.07
Total Assets 5592.52 4851.89 4766.95
Reserves & Surplus 834.31 716.52 692.07
Borrowings 2102.99 2102.99 2102.99
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered42,00,000 (100.00%)
Net Offer to Public39,84,000 shares (aggregating up to ₹13.55 Cr)
Reserved for Market Maker2,16,000 shares (aggregating up to ₹0.7344 Cr)
Pre-Issue Promoter Holding1,12,50,000
Post-Issue Promoter Holding1,54,50,000
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
SWASTIKA INVESTMART LIMITED
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Milton Industries IPO subscribed?

Milton Industries IPO is subscribed 1.00 times by Oct 06, 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 Milton Industries IPO retail subscription status?

The Milton Industries IPO retail category is subscribed 1.00 times as of 06 Oct 2017. The retail portion is oversubscribed.

How to subscribe Milton Industries IPO?

Subscribe via your broker app using ASBA or UPI. Opens 29 Sep 2017 and closes 06 Oct 2017. Min investment: ₹136,000 (1 lot = 4,000 shares). UPI mandate: 2017-10-06.

How many times Milton Industries IPO subscribed?

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

How to check Milton Industries IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 12 Oct 2017. Refunds: on 13 Oct 2017.

When Milton Industries IPO will be listed?

The Milton Industries IPO listing date is 16 Oct 2017, Monday. Listed on: NSE SME. Issue price: ₹34. Estimated listing: ₹34. GMP: NIL.

When Milton Industries IPO close?

The Milton Industries IPO closes on 06 Oct 2017, Friday. UPI mandate: 2017-10-06. Allotment: 12 Oct 2017. Listing: 16 Oct 2017.