SME IPO_MILTON INDUSTRIES LIMITED
Issue Details
| Issue opens | 29th September 2017 |
| Issue Closes | 6th October 2017 |
| Issue Price | 34 |
| Lot Size | 4000 |
| Issue Size | 14.28 Crore |
| Lead Manager | Swastika Investmart Limited |
| Registrar | Big Share Services Private Limited |
| Platform | NSE |
Promoters Group
Mr. Vijay Pal Jain, Mr. Ajay Mahipal SinghJain, Mr. Abhaykumar Mahipalsingh Jain, Mr. Vikas Jain and Mr. Saket Jain are the Promoters replica hermes belt of the Company. Promoter and Promoter Group will continue to hold the majority of post- Issue paid-up equity share capital of the Company
Business Overview
The Company, Milton Industries Limited is engaged in manufacturing of Laminates, Artificial poloponynetwork.com Leather cloth and Glass Fibre Reinforced Epoxy (GFRE) Sheets in the state of Gujarat. They are manufacturer and exporter of premium quality high-pressure laminates, industrial Laminates, laminated board, flooring laminates, artificial Leather cloth, GFRE Sheets and other allied products. The superior quality laminates can be used on walls, doors, windows, cupboards, tabletops, hotels, cash counters, home kitchen, etc. Initially our Company was engaged in manufacturing of laminates and further diversified in manufacturing and exports of Artificial Leather cloth, GFRE Sheets,DGFRP, CCL and NAFTC.
Company is producing Decorative & Industrial Laminates so called High Pressure Laminates from the year 1986. This Laminates are used for Flooring, for Door, Windows, Cupboards in Hotels, for Site Panels, for Table hermes replica belt
Top Counter at Banks & Other Places. They are also producing different Textures for Vertical ebay hermes h bracelet unboxing nerf
Decorative Thermosating Synthetic Resin Bonded Laminate Sheets which are basically supplied to Railways Departments. Their product is also used by other Industries such as real estate and decorative Industry. Company was awarded by export award for three consecutive years 1994-1997 and also holding export status certificate
Object of the Issue
| (Rs. in Lakhs) | ||
| Sr. No. | Particulars | Amount |
| 1 | Working Capital Requirements | 1300 |
| 2 | Public Issue Expenses | 37.45 |
| 3 | General Corporate Purpose | 90.55 |
| Total | 1428.00 | |
Overview of Financial Indicators
| (Rs. in Lakhs) | |||||
| Particulars | 2016-17 | 2015-16 | 2014-15 | 2013-14 | 2012-13 |
| Total Revenue | 4363.17 | 4203.04 | 4228.35 | 4546.17 | 4655.06 |
| Total Asset | 5592.52 | 4851.89 | 4766.95 | 4127.73 | 3830.07 |
| PAT | 115.43 | 22.1 | 62.98 | 74.31 | 86.26 |
Financial Ratios
EPS: 1.03
PE Ratio : 33.14
RONW: 8.65%
NAV after Issue: 17.88
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