✓
Open
7 May 2018
✓
Close
11 May 2018
3
Allotment
—
✓
Listing
Mon, May 21, 2018
Price Band
₹45 per share
Issue Size
32,97,000 shares (agg. up to ₹15 Cr)
Lot Size
3,000 Shares
Listing Date
Mon, May 21, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.67x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Nov 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 16.25 | 5.32 | 2.30 | 2.17 |
| Total Income | 23.72 | 8.95 | 5.52 | 3.32 |
| Profit After Tax | 0.80 | 0.32 | 0.20 | 0.05 |
| NET Worth | 6.06 | 4.01 | 0.30 | 0.10 |
| Reserves and Surplus | 2.06 | 1.01 | 0.29 | 0.09 |
| Total Borrowing | 5.95 | 0.83 | 0.71 | 0.83 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Garv Industries Ltd. | SME | ₹3.20 Cr | ₹10 | null | ₹10.00 | +0.00% | ₹9.14 |
| Marvel Decor Ltd. | SME | ₹26.29 Cr | ₹57 | null | ₹57.85 | +1.49% | ₹62.00 |
| Omfurn India Ltd. | SME | ₹4.17 Cr | ₹23 | null | ₹22.85 | -0.65% | ₹56.50 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To set up the manufacturing facility to manufacture the modular and innovative furniture | 9.82 |
| 2 | Working Capital Requirement | 3.50 |
| 3 | General Corporate Expenses | 1.76 |
About Milestone Furniture IPO
Updated on Aug 5, 2026
Contact Details
Milestone Furniture Ltd. Address1 st Floor, Aslam Compound Shree NagarBehind Boghul House, Chandivali RoadSakinakaMumbai, Maharashtra, 400072022- 28581499 / 28578954admin@milestonefurniture.comVisit Website