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.

Meera Industries Limited IPO Stock Quote & Charts

202.50

+1.50%

  • Open: 200.00
  • High - Low: 202.50 - 200.00
  • Previous Close: 199.50
  • Total Traded Volume: 1500
  • Updated On: 14-Nov-2018

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:

  1. Guiness Corporate Advisors Private Limited

Registrar of Meera Industries Limited IPO:

  1. Karvy Computershare Private Limited

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

25th Sep 2018 - 27th Sep 2018 => Aavas Financiers IPO

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