Incorporated in 2006, 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.
The promoters of the company are:
1. Dharmesh V. Desai
2. Bijal D. Desai
The objects of the Issue are:
1. To purchase additional plant and machineries for the existing manufacturing facility at Surat, Gujarat;
2. Setting up of new manufacturing facility (yarn division) at Surat, Gujarat;
3. Funding of working capital requirements;
4. General Corporate Purpose;
5. Issue Expenses.
»» Issue Open: Apr 27, 2017 - May 4, 2017
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 1,080,000 Equity Shares of Rs 10 aggregating up to Rs 3.89 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 36 Per Equity Share
»» Market Lot: 3000 Shares
»» Minimum Order Quantity: 3000 Shares
»» Listing At: BSE SME
|Number of Bids Received|
|As on Date & Time||Total|
|Shares Offered / Reserved|
|Day 1 - Apr 28, 2017 17:00 IST||693,000|
|Day 2 - May 2, 2017 17:00 IST||1,986,000|
|Day 3 - May 3, 2017 17:00 IST||4,305,000|
Vote Here ...
Do you know you could reduce the brokerage cost significantly by moving to another stock broker? Our expert team compared top share brokers in India to help investors like you. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.
We can help you choosing the right broker. Contact us today...
Rs 899 Unlimited Equity
Rs 499 Unlimited Curr
or Rs 15 per Trade
Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty
Flat Rs 20 Per Trade
Free Equity Delivery Trades
Rs 100 off on account opening*
(* on online account opening)
Beginner, seasoned investor, active trader or HNI. Get customised solutions.
Rs 0 account opening fee on Online Trading + Demat Acct
(Rs 1150 waived)
Request Call Back