Meera Industries Limited FPO Details

Meera Industries Limited incorporated in 2006 based in Gujarat. The company is a manufacturer of textile machinery which includes winding, twisting, heat setting and cabling machines. They provide testing services after sales as well. They also started their own yarn twisting division in 2017-18. They export their machinery in South America, Europe, America, Asia and Africa. They have their owned subsidiary Meera Industries USA LLC in South Northern Calorina to supply products in USA and Canada. Their manufacturing plant located in Surat, Gujarat. Meera Industries FPO is a NSE SME FPO. Meera Industries FPO is starting from 13-June and ends on 18-June. The price band is around Rs.225 with 500 market lot. The FPO size is around Rs.11.75 rupees. 

Meera Industries FPO Review:

• Risky 

Meera Industries FPO Dates & Price Band:

• FPO Open: 13-June-2019
• FPO Close: 18-June-2019
• FPO Size: Approx Rs.11.75 Crore
• Face Value: Rs.10 Per Equity Share
• Price Band: Rs.225 Per Equity Share
• Listing on: BSE SME
• Shares: 522,000
• Retail Portion: 50%

Meera Industries FPO Market Lot:

• Shares: Apply for 500 Shares (Minimum Lot Size)
• Amount: Rs.1,12,500

Meera Industries FPO Allotment & Listing:

• Basis of Allotment: 21-June-2019
• Refunds: 24-June-2019
• Credit to demat accounts: 25-June-2019
• Listing: 26-June-2019

Financial Results:

Rs. in Lakhs
For the year/period ended	Assets	Revenue	PAT
31-Mar, 2018	1486	2149	240
31-Dec,2019	2166	3558	494

Meera Industries FPO Allotment Status:

• FPO Allotment Status
  

Company Promoters:

• Mr Dharmesh V Desai
• Mrs. Bijal D Desai

FPO Registrar:

Karvy Registry House, 8-2-596, St. No. 1,

Banjara Hills, Hyderabad - 500 034

Andhra Pradesh, India

Phone: +91-40-23312454

Email: einward.ris@karvy.com

Website: https://karisma.karvy.com/

FPO Lead Managers:

• Aryaman Financial Services limited

Company Address:

Meera Industries Limited

2126, Road No. 2,

GIDC, Sachin,

Surat, Gujarat - 394230

Phone: + 91 261 2399114

Email: info@meeraind.com

Website: https://www.meeraind.com