Meera Industries Ltd IPO Details

Meera Industries, an ISO 9001 company has shaped itself with the changing era in the competitive world of textile twisting technology & machineries. It is a leading company offering world-class products to national as well as international markets. Having deep & rich experience of manufacturing TFO twisting yarns to more of user-friendly innovative textile products, each year we work hard to put together our core values, ethics & principles with a strategic plan: setting overall objectives to meet & achieve the unique challenges.

Our greatest asset is our people. Having highly dedicated & commited team with their vast & rich experinece, we strengthen our manufacturing & production process. Our Constant quest for innovative through research is not limited. We design, develop & manufacture high-tech textile machinery offering intelligent solutions, operational reliability, quality & economic efficiency. With the synergy of creativity, we took a leap forward integrating science & technology as our core strength. We have established a strong foothold in international textile segment by exporting our machines worldwide. Our vast experience & in-depth knowledge have enabled us to reach the principle of success with overseas presence in more than 20 countries in continents of USA, South Africa, Europe, Africa & Asia.

Meera Industries Ltd IPO Details
Issue Open	13-06-2019
Issue Close	18-06-2019
Allotment Date	24-06-2019
Unblocked Amount	25-06-2019
Listing Date	26-06-2019
Issue Share	5,22,000 Total Equity Share 30,000 Reserved by Market Maker 4,92,000 Equity Share
Issue Size	₹ 11.75 Cr
IPO Price Band	₹ 225
Minimum Share Bid	500
Minimum Investment Amount [Rs]	₹ 1,12,500
Face Value	₹ 10
Retail Allocation	50%
Listing On	BSE SME

Meera Industries Ltd IPO Grey Market Premium GMP]
Latest Update	Premium	Kostak	Subject to Sauda	Recommended
09-06-2019 : 08:00 AM	-	-	-	-

Meera Industries Ltd IPO Financial details [in Rs, Cr]
Financial Year	Total Assets	Total Revenue	Total Expenses	Profit After Tax
FY-2014	-	-	-	-
FY-2015	-	-	-	-
FY-2016	-	-	-	-
FY-2017	-	-	-	-
FY-2018	14.69	21.95	18.62	2.40
FY-2019	21.67	36.42	29.79	4.95

Meera Industries Ltd IPO Valuation Details
Earnings Per Share [EPS]	₹ 11.50
Price/Earnings [P/E] Ratio	19.57
Return on Net Worth [RoNW]	32.94 %
Net Asset Value [NAV]	₹ 34.92 Per Share

Meera Industries Ltd IPO Subscription Details
As on Date	QIB/NII	RII	Total
Shared Offered	2,46,000	2,46,000	4,92,000
Day-1 [13-06-2019]	1,62,500 [0.66]	0.00 [0.00]	1,62,500 [0.33]
Day-2 [14-06-2019]	1,83,500 [0.75]	5,500 [0.02]	1,89,000 [0.38]
Day-3 [17-06-2019]	2,96,000 [1.20]	25,000 [0.10]	3,21,000 [0.65]
Day-4 [18-06-2019]	4,90,000 [1.99]	80,500 [0.33]	5,71,000 [1.16]

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Meera Industries Ltd IPO Recommendations
Live IPO Team Recommendation:- Neutral

Meera Industries Ltd IPO Contact Details
Meera Industries Ltd 2126, Road No. 2, GIDC, Sachin, Surat, Gujarat – 394230 Tel: + 91 261 2399114 Fax: +91 261 2397269 Email: info@meeraind.com Website: www.meeraind.com

Registrar of Meera Industries Ltd IPO

KARVY FINTECH PRIVATE LIMITED(1) Karvy Selenium, Tower-B, Plot No. 31 & 32, Gachibowli, Financial District Nanakramguda, Serilingampally, Hyderabad – 500 032, Telangana Tel No.: +91 40 6716 2222 Fax No.: +91 40 2343 1551 E-mail: einward.ris@karvy.com Investor Grievance E-mail: meeraindustries.fpo@karvy.com Website: https://karisma.karvy.com Contact Person: Mr. M. Murali Krishna SEBI Registration No.: INR000000221

Lead Managers of Meera Industries Ltd IPO
ARYAMAN FINANCIAL SERVICES LIMITED 60, Khatau Building, Ground Floor Alkesh Dinesh Modi Marg, Fort, Mumbai – 400 001 Tel No.: +91 22 6216 6999 Fax No.: +91 22 2263 0434 Email: ipo@afsl.co.in Website: www.afsl.co.in Investor Grievance Email: feedback@afsl.co.in Contact Person: Mr. Pranav Nagar / Mrs. Jyothi Shetty SEBI Registration No.: INM000011344

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