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Milton Industries Limited IPO
NSE SMERs 1,36,000 / 4000 Shares
Milton Industries Limited IPO Details
The Milton Industries Limited IPO price band is set between Rs 34 Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Bigshare Services Pvt. Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 29 Sep, 2017 and closes on 6 Oct, 2017. Investors can check the allotment status on 11 Oct, 2017, while the listing date is tentatively scheduled for 16 Oct, 2017.
The total issue size is 42,00,000 Equity Shares of Rs 10 aggregating up to Rs 14.28 Cr, aggregating up to . Stay tuned for the latest Milton Industries Limited IPO review and GMP updates.
Milton Industries Limited IPO Review, Rating & Analysis
Milton Industries Limited IPO Review
NO REVIEWMilton Industries Limited IPO Rating
Milton Industries Limited IPO Highlights
IPO Date
Sep 29, 2017 - Oct 6, 2017
Listing Date
16 Oct, 2017
Face Value
Rs 10 Per Equity Share
Price Band
Rs 34 Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Milton Industries Limited IPO Lot Size
The minimum market lot for Milton Industries Limited IPO is 4000 shares with an application amount of ₹1,36,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹1,36,000 |
| Retail (Max) | 1 | 4000 | ₹1,36,000 |
| S-HNI (Min) | 2 | 8000 | ₹2,72,000 |
| S-HNI (Max) | 7 | 28000 | ₹9,52,000 |
| B-HNI (Min) | 8 | 32000 | ₹10,88,000 |
Milton Industries Limited IPO Timeline
Issue Price
Rs 34 Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt. LtdLead Manager
Swastika Investmart LtdIssue Size
42,00,000 Equity Shares of Rs 10 aggregating up to Rs 14.28 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Vijay Pal Jain
- Mr. Ajay Mahipal Singh Jain
- Mr. Abhaykumar Mahipalsingh Jain
- Mr. Vikas Jain
- Mr. Sanket Jain
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Milton Industries Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 19,92,000 | 19,92,000 | 39,84,000 |
Day 1 -29-09-17 | 1.14 x | 0.51 x | 0.83 x |
Day 2 -03-10-17 | 1.14 x | 0.85 x | 0.99 x |
Day 3 -04-10-17 | 1.14 x | 1.12 x | 1.13 x |
Day 4 -05-10-17 | 1.17 x | 2.33 x | 1.75 x |
Day 5 -06-10-17 | 11.11 x | 18.11 x | 14.61 x |
Frequently Asked Questions about Milton Industries Limited IPO IPO
When will Milton Industries Limited IPO open for subscription?
The Milton Industries Limited IPO opens on 29 Sep, 2017 and closes on 6 Oct, 2017.
What is the investors portion for Milton Industries Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1992000.
How to apply for Milton Industries Limited IPO?
You can apply for Milton Industries Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Milton Industries Limited IPO?
The issue size of Milton Industries Limited IPO is approx ₹42,00,000 Equity Shares of Rs 10 aggregating up to Rs 14.28 Cr crores.
What is the price band of Milton Industries Limited IPO?
The price band for Milton Industries Limited IPO is Rs 34 Per Equity Share to ₹undefined.
What is the lot size of Milton Industries Limited IPO?
The minimum bid (lot size) for Milton Industries Limited IPO is 4000 shares with an investment of approx Rs 1,36,000 .
What is the allotment date of Milton Industries Limited IPO?
The allotment date for Milton Industries Limited IPO is 11 Oct, 2017.
What is the listing date of Milton Industries Limited IPO?
The listing date for Milton Industries Limited IPO is expected to be 16 Oct, 2017.
What is the GMP of Milton Industries Limited IPO?
The latest Grey Market Premium (GMP) for Milton Industries Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.