anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

MARKET

IPO Synopsis
Meera Industries Ltd
Registered Office: 2126 Road No 2 GIDC, Sachin, Surat - 394230, Gujarat
Phone: 1
Email: 1
Website: 1
Further Public Issue of 5,22,000 equity shares of Rs. 10 each ("equity shares") of Meera Industries Limited ("mil" or the "company") for cash at a price of Rs. 225 per share (including a share premium of Rs. 215 per equity share) (the "issue price"), aggregating to Rs. 11.75 Crores ("the issue"), of which 30,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 4,92,000 equity shares of Rs.10 each is hereinafter referred to as the "net issue". The issue and the net issue will constitute 11.73% and 11.06%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10 each. The issue price is 22.50 times the face value of the equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
13-Jun-2019 18-Jun-2019 225.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 11.75
Project Financed through Current Offer 11.75
Post Issue Equity Share Capital 4.45
Issue Price 225.00
Projects
Fund Expansion of the existing manufacturing facilities at sachin
To Fund Expenditure for General Corporate Purposes
Promoted By
Dharmesh V Desai
Bijal D Desai
BSE - SME
Registrar to the Issue
Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.