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Milton Industries Ltd

Registered Office : 1/2 Chitra-Ami Appartment,Opp La Gajjar Chamber AshramRd,Ahmedabad Gujarat 380009 Phone : 91-79-26584193/26588448
Fax : 91-79-26585532

Email : milton@miltonindustries.in

Website : www.miltonindustries.in

Initial public offer of 42,00,000 equity shares of face value of Rs. 10 each ("equity shares") of Milton Industries Limited ("the Company" or "issuer") for cash at a price of Rs. 34.00 per equity share (including a share premium of Rs. 24.00 per equity share) ("issue price") aggregating to Rs. 14.28 Crores ("issue") of which 2,16,000 equity shares of face value of Rs.10.00 each for a cash price of Rs. 34.00 per equity share, aggregating to Rs. 0.73 Crores will be reserved for subscription by market maker ("market maker Reservation portion"). The issue less the market maker reservation portion i.e. Issue of 39,84,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 34.00 per equity share aggregating to Rs. 13.55 Crores (is hereinafter referred to as the "net Issue"). The issue and the net issue will constitute 27.18% and 25.79%, respectively of the post issue paid up equity share capital of the company. For further details, please refer to section titled "terms of the issue" beginning on page 216 of this draft Prospectus. The face value of the equity shares is Rs. 10.00 each and the issue price is Rs. 34.00. The issue price is 3.4 times of the face value.

Issue

Opens On

Closes On

29-Sep-2017

06-Oct-2017

Money Payable On

Application

Allotment

34.00

0.00

Minimum Application for shares in Nos : 4000.0 Further Multiples of : 4000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

14.28

15.45

34.00

Swastika Investmart Ltd

Projects

To meet working capital requirement

General Corporate Expenses

Promoted By

Vijay Pal Jain

Ajay Mahipal Singh Jain

Abhaykumar Mahipal Singh Jain

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd