Mittal Life Style Ltd IPO

Mittal Life Style Ltd

Issue Open

Mar 19, 2018

Price Band

₹ 21

Issue Size

₹ 4.41 Cr

Credit of Shares to Demat

-

Issue Close

Mar 21, 2018

Bid Lot

6000

Listing Exchange

NSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

6000

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Apr 02, 2018

Refunds

-

About the company:

Mittal Life Style deals in Denim Fabrics. They provide different types and quality of denim fabric. To supply the fabric the company has tied-up with 16 composite mills to get denim fabric manufactured as per need and requirements. Additionally, company has also tie-up with 11 logistic companies to pick denim fabric from various mills and warehouse at their premises

Date of establishment:  Mittal Life Style Limited was incorporated in 2005.

Product & Service Offering: The company supplies Fashion Fabrics, Cotton Canvas denims, Dupion bottom Fabrics, Polyester Fabrics, Cotton Fabric, knit fabrics etc

Promoters of Giriraj Civil Developers Limited:  Mr. Brijeshkumar Jagdishkumar Mittal, Mr. Pratik Brijeshkumar Mittal and JK Denim Fab Private Limited are the promoter Mittal Life Style Limited.

Customer segment: Textile Industry is the major consumer of goods produced by company.

Objects of the Issue: The objects of the Offer is to:-
-     Repayment of unsecured Borrowings
-     To meet General Corporate Purpose
-     Issue Expenses

Company Financials:

 

Particulars

For the year/period ended (in Rs. Lacs)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

1693.58

1270.97

919.01

758.03

553.86

 

Total Revenue

7856.78

5904.08

4635.07

3232.10

2527.20

 

Profit After Tax

33.78

0.86

0.91

0.56

(-0.46)

 

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