Milton Industries Limited IPO

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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 management
2. The location of manufacturing facilities gives a significant competitive cost advantage in terms of raw material sourcing, manufacturing and labor costs.
3. Our Promoter has around 32 years of experience in the industry.
4. Presence in many countries
5. Extensive distribution network

Milton Industries Limited IPO Stock Quote & Charts

15.50

+14.81%

  • Open: 15.80
  • High - Low: 15.80 - 15.50
  • Previous Close: 13.50
  • Total Traded Volume: 60000
  • Updated On: 19-Oct-2018

Objects of the Milton Industries Limited IPO:

The proceeds from the Public Issue will be utilized towards the following objects: 1. To Meet Working Capital Requirement 2. General Corporate Purpose 3. To Meet the Issue Expenses

Milton Industries Limited IPO Details:

Open Date: Sep 29 2017
Close Date: Oct 06 2017
Total Shares: 4,200,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue IPO
Issue Size: 14.28 Cr.
Lot Size: 4000 Shares
Issue Price: ₹ 34 Per Equity Share
Listing At: NSE Emerge
Listing Date: Oct 16 2017

Promoters And Management:

Mr. Vijay Pal Jain, Mr. Ajay Mahipal Singh Jain, Mr. Abhay kumar Mahipal singh Jain, Mr. Vikas Jain and Mr. Saket Jain

Lead Manager of Milton Industries Limited IPO:

  1. Swastika Investmart Limited

Registrar of Milton Industries Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

Milton Industries Limited 1/2, Chitra-Ami Appartment, Opp. La Gajjar Chamber, Ashram Road, Ahmedabad 380009 Phone: +91-79-26584193 Fax: +91-79-26585532 Email: cs@miltonindustries.in Website: http://www.miltonindustries.in

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

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