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Home All IPOs Milestone Furniture Ltd. IPO
Milestone Furniture Ltd. IPO
BSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹45
Issue Price
₹45
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹45
GMP based
Lot Size
3,000
shares / lot
Min Amount
₹135,000
1 lot · 3,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
07 May 2018
Mon Completed
Done
Close Date
11 May 2018
Fri Completed
Done
Allotment
16 May 2018
Wed Completed
Done
Refund
17 May 2018
Thu Completed
Done
Demat Credit
18 May 2018
Fri Completed
Done
Listing Date
21 May 2018
Mon Completed
UPI Deadline: 11 May 2018
Issue Details
Pricing & Size
Issue Price
₹45 Face ₹10
Lot Size
3,000 shares
Min Investment
₹135,000
Total Issue Size
32,97,000 shares (aggregating up to ₹14.84 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,65,000 (5.00%)
QIB Portion
-
NII / HNI
15,66,000 (47.50%)
Retail
15,66,000 (47.50%)
Employee
-
Net Offer to Public
31,32,000 shares (aggregating up to ₹14.09 Cr)
Shareholding Pattern
Pre-Issue Shareholding
60,00,000 shares
Post-Issue Shareholding
92,97,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 3,000 ₹1,35,000
HNI / NII 2 6,000 ₹2,70,000
Objects of Issue
3 objectives
1
1 To set up the manufacturing facility to manufacture the modular and innovative furniture
9.82 Cr
2
2 Working Capital Requirement
3.50 Cr
3
3 General Corporate Expenses
1.76 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Monarch Networth Capital Ltd.
Market Maker
Monarch Networth Capital Ltd.
IPO Timeline
Open
07 May
✓ Done
Close
11 May
✓ Done
Allotment
16 May
✓ Done
Listing
21 May
✓ Done
Registrar Details
Kfin Technologies Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
einward.ris@karvy.com
Company Contact
Email
admin@milestonefurniture.com
Phone
022- 28581499 / 28578954
Address
1 st Floor, Aslam Compound Shree Nagar, Behind Boghul House, Chandivali Road Sakinaka, Mumbai, Maharashtra, 400072
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹45
Est. Listing
₹45
Lot Size
3,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Milestone Furniture Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹45
GMP
+₹0 (+0%)
GMP Est. Listing
₹45
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 15,66,000 (47.50%) ₹704.70 Cr
Retail Investors 15,66,000 (47.50%) ₹704.70 Cr
Total ** 32,97,000 (100.00%) ₹14,836.50 Cr
Market Maker * 1,65,000 (5.00%) ₹7.43 Cr
* Based on ₹45.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
15,66,000 (47.50%)
Retail
15,66,000 (47.50%)
Market Maker
1,65,000 (5.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Lakhs
Metric31-Mar-1731-Mar-1631-Mar-15
Revenue89467999.0055175651.0033229409.00
PAT3247677.001989136.00542472.00
EBITDA
Net Worth
Total Assets53160563.0023014900.0021710118.00
Reserves
Borrowings
About Milestone Furniture Ltd.

Incorporated in 2014, Mumbai based Milestone Furniture Limited is engaged in the manufacturing and marketing of Interior and Modular Furniture business.

The company has developed expertise in Space & workstation Management, designing and innovation in Furniture used in Education, Healthcare and Corporate organization. It also
developed the In-house technical & Design team to provide turnkey solutions and implementation of interior and workspace in Commercial, Residential and Institutions. It has developed an In-house team of professionals for design, drawing, and space management interiors suitable and specification of client needs.

Milestone has a high tech manufacturing equipment and Design facility to manufacture the various combination and size products in Sakinaka, Mumbai. The Company currently has 70 employees on its payroll.

Frequently Asked Questions
What is the issue price of Milestone Furniture Ltd. IPO?
The issue price of Milestone Furniture Ltd. IPO is ₹45 per share, face value ₹10.
What is the lot size?
Minimum lot size is 3,000 shares, requiring ₹135,000.
What are the IPO dates?
Opens 07 May 2018, closes 11 May 2018.
When is the listing date?
Tentative listing: 21 May 2018 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹45 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Milestone Furniture Ltd. IPO · Expected 16 May 2018

Check on Registrar
Post-IPO Timeline
Allotment Date
16 May 2018
Refund Initiation
17 May 2018
Demat Credit
18 May 2018
Listing Date
21 May 2018
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹45
Face ₹10
Lot Size
3,000
shares / lot
Min Amount
₹135,000
1 lot
Est. Listing
₹45
GMP +₹0
Key Dates
Open
07 May Done
Close
11 May Done
Listing
21 May Done
Registrar
Kfin Technologies Ltd.
A
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