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Open
19 Mar 2018
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Close
21 Mar 2018
3
Allotment
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Listing
Mon, Apr 2, 2018
Price Band
₹21 per share
Issue Size
21,00,000 shares (agg. up to ₹4 Cr)
Lot Size
6,000 Shares
Listing Date
Mon, Apr 2, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.03x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 15.55 | 16.94 | 12.71 | 9.19 |
| Total Income | 43.80 | 78.57 | 59.04 | 46.35 |
| Profit After Tax | 0.30 | 0.34 | 0.01 | 0.01 |
| NET Worth | 5.51 | 5.26 | 4.92 | 3.96 |
| Reserves and Surplus | 0.56 | 0.31 | -0.03 | -0.04 |
| Total Borrowing | 5.32 | 7.22 | 5.39 | 2.09 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Active Clothing Co.Ltd. | SME | ₹26.56 Cr | ₹65 | null | ₹65.65 | +1.00% | ₹116.80 (-1.48%) |
| Lorenzini Apparels Ltd. | SME | ₹4.47 Cr | ₹10 | null | ₹9.25 | -7.50% | ₹8.54 (-3.95%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment of Unsecured Borrowings | 2.91 |
| 2 | General Corporate Purpose | 1.05 |
| 3 | Issue Expenses | 0.45 |
About Mittal Life Style IPO
Incorporated in the year 2005, Mittal Life Style Ltd is a Mumbai based company dealing in Denim & Bottom weight Fabrics. The company is a prominent supplier of Fashion Fabrics, Cotton Canvas denims, Dupion bottom Fabrics, Polyester Fabrics, Cotton Fabric, knit fabrics etc. to the textile industry. The company has tied-up with about 16 Composite mills to get denim fabric manufactures as per its need and requirements. Some of the company's regular suppliers are Mafatlal Industries Limited, Oswal Industries Limited, Bhaskar Industries Private Limited, Nandan Denim Limited etc. The Company has also tie-up with 11 logistic companies to pick denim fabric from various mills and warehouse at their premises. Some of the competitive strengths of the company are-1. Existing relationship with suppliers2. Customer Centric Business Model 3. Promoters and Experienced Management As on October 30, 2017 Mittal Life Style had 12 Permanent employees.+ Read More
Contact Details
Mittal Life Style Ltd. AddressUnit No.8/9, RavikiranGround Floor, New Link RoadAndheri (West)Mumbai, Maharashtra, 400053+91-22-26741792info@mittallifestyle.inVisit Website