Registered Office:
1st Floor Aslam Compound Shree,Nagar Chandivali Road Sakinaka,
Mumbai -
400072,
Maharashtra, India.
Phone : 91-022-28581499/28578954 Fax:
Email : vyas_cs@yahoo.in
Website : NA
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| Public issue of 32,97,000 equity shares of face value of (Rs) 10/- each ("equity shares") of Milestone Furniture Limited ("the company" or "the issure") for cash at a price (Rs) 45/- per equity share (including a share premium of (Rs) 35/- per equity share) ("issue price") aggregating to (Rs) 14.84 crores ("the issue"), of which 1,65,000 equity shares of face value of (Rs) 10/- each for a cash price of (Rs) 45/- per equity share, aggregating to (Rs) 0.74 crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 31,32,000 equity shares of face value of (Rs) 10/- each at an issue price of (Rs) 45 per equity share aggregating to (Rs) 14.10 crores (is hereinafter referred to as the "net issue"). The issue and the net issue will constitute 35.46% and 33.69%, respectively of the post issue paid up equity share capital of the company.
The Face value of the equity shares is (Rs) 10/- each and the issue price is (Rs) 45/-. The Issue price is 4.5 times of the face value.
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| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 07-May-18 |
11-May-18 |
45.00-0.00 |
0.00-0.00 |
|
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Minimum Application for shares in Nos :
3000
Further Multiples of :
3000
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| |
(Rs.Cr) |
Lead Managers to the Issue |
| Project Cost |
15.59 |
Monarch Networth Capital Ltd
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| Project Financed through Current Offer |
14.84 |
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| Post Issue Equity Share Capital |
9.30 |
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| Issue Price |
45.00 |
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