Meera Industries Limited IPO
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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 Meera Industries Limited IPO:
1. To purchase additional plant and machinery for the existing manufacturing facility at Surat, Gujarat
2. Setting up of a new manufacturing facility (yarn division) at Surat, Gujarat
3. Funding of working capital requirements
4. General Corporate Purpose
5. Issue Expenses.
Meera Industries Limited IPO Details:
| Open Date: | Apr 27 2017 |
| Close Date: | May 04 2017 |
| Total Shares: | 1,080,000 |
| Face Value: | ₹ 10 Per Equity Share |
| Issue Type: | Fixed Price Issue IPO |
| Issue Size: | 3.89 Cr. |
| Lot Size: | 3000 Shares |
| Issue Price: | ₹ 36 Per Equity Share |
| Listing At: | BSE SME |
| Listing Date: | May 15 2017 |
Promoters And Management:
1. Dharmesh V. Desai
2. Bijal D. Desai
Lead Manager of Meera Industries Limited IPO:
Registrar of Meera Industries Limited IPO:
Company Address:
Meera Industries Limited
2126, Road NO. 2 GIDC,
Sachin Surat - 394230
Phone: + 91 261-2399114
Fax: +91 261 2397269
Email: cs@meeraind.com
Website: www.meeraind.com
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