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IPO Synopsis  
Meera Industries Ltd
Registered Office: [ 2126 Road No 2 GIDC , Sachin , Surat - 394230 , Gujarat , India.
                                  Phone:91-261-2399114   Fax:91-261-2397269
                                  Email: cs@meeraind.com  
                                  Website: www.meeraind.com
Further Public Issue of 5,22,000 equity shares of Rs10 each ("equity shares") of Meera Industries Limited ("mil" or the "company") for cash at a price of Rs225 per share (including a share premium of Rs215 per equity share) (the "issue price"), aggregating to Rs11.75 Crores ("the issue"), of which 30,000 equity shares of Rs10 each will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 4,92,000 equity shares of Rs10 each is hereinafter referred to as the "net issue". The issue and the net issue will constitute 11.73% and 11.06%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs10 each. The issue price is 22.50 times the face value of the equity shares.
 
Issue Money Payable On
Opens On Closes On Application Allotment
13-Jun-19 18-Jun-19 Rs 225.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos : 500   Further Multiples of : 500
 
  Rs Cr Lead Managers to the Issue
Project Cost 11.75 Aryaman Financial Services Ltd
Project Financed through Current Offer 11.75  
Post Issue Equity Share Capital 4.45  
Issue Price Rs.225.00  
 
Projects
Fund Expansion of the existing manufacturing facilities at sachin  To Fund Expenditure for General Corporate Purposes 
 
Promoted By
Dharmesh V Desai 
Bijal D Desai 
Listing At
BSE - SME 
Registrar to the Issue
No Data Found.
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