Meera Industries Limited incorporated in 2006 based in Gujarat. The company is a manufacturer of textile machinery which includes winding, twisting, heat setting and cabling machines. They provide testing services after sales as well. They also started their own yarn twisting division in 2017-18. They export their machinery in South America, Europe, America, Asia and Africa. They have their owned subsidiary Meera Industries USA LLC in South Northern Calorina to supply products in USA and Canada. Their manufacturing plant located in Surat, Gujarat. Meera Industries FPO is a NSE SME FPO. Meera Industries FPO is starting from 13-June and ends on 18-June. The price band is around ₹225 with 500 market lot. The FPO size is around ₹11.75 rupees.
Meera Industries FPO Review:
- Risky
Meera Industries FPO Dates & Price Band:
- FPO Open: 13-June-2019
- FPO Close: 18-June-2019
- FPO Size: Approx ₹11.75 Crore
- Face Value: ₹10 Per Equity Share
- Price Band: ₹225 Per Equity Share
- Listing on: BSE SME
- Shares: 522,000
- Retail Portion: 50%
Meera Industries FPO Market Lot:
- Shares: Apply for 500 Shares (Minimum Lot Size)
- Amount: ₹1,12,500
Meera Industries FPO Allotment & Listing:
- Basis of Allotment: 21-June-2019
- Refunds: 24-June-2019
- Credit to demat accounts: 25-June-2019
- Listing: 26-June-2019
Financial Results:
| ₹ in Crore | |||||
| Revenue | Expenses | PAT | |||
| 2015 | – | – | – | ||
| 2016 | – | – | – | ||
| 2017 | – | – | – | ||
| 2018 | – | – | – | ||
| 2019 (8M) | – | – | – | ||
Meera Industries FPO Important Links:
Meera Industries FPO Allotment Status:
Company Promoters:
- Mr Dharmesh V Desai
- Mrs. Bijal D Desai
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus
FPO Registrar:
Karvy Registry House, 8-2-596, St. No. 1,
Banjara Hills, Hyderabad – 500 034
Andhra Pradesh, India
Phone: +91-40-23312454
Email: [email protected]
Website: https://karisma.karvy.com/
FPO Lead Managers:
- Aryaman Financial Services limited
Company Address:
Meera Industries Limited
2126, Road No. 2,
GIDC, Sachin,
Surat, Gujarat – 394230
Phone: + 91 261 2399114
Email: [email protected]
Website: https://www.meeraind.com
