247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Meera Industries Limited IPO (Meera Industries IPO) Details

Meera Industries Limited is an Textiles based company, located in Surat, Meera Industries Limited IPO size was 11.75 Cr. and was issued at 225.00 per share. The share of Meera Industries Limited were listed at 221.90 per share and are currently trading at 70.60 per share.

Type :
Sub Sector :
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
47.44 Cr.

PAT :
6.60 Cr.

Pricing Report

Issue Price :
225.00

Listing Price :
221.90

Current Market Price :
70.60

Issue Price vs CMP :
154.4 (68.62%)

listing Price vs CMP :
151.3 (68.18%)

Performance Report (CAGR* wise)

CAGR : -18.76
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Meera Industries

Company Information
Meera Industries is a growing textile machine manufacturer dealing in twisting, cabling, winding and heat setting machines. They design, develop and sell high-performance machines to various processing and manufacturing units in the textile industry. The huge repository of knowledge and technology base that the Company has developed since inception is a strong base to outperform the competition and be abreast in the market. This supports the Company to constantly upgrade the technologies to meet present and futuristic requirements of their customers. They ensure the quality of their products through rigorous testing including testing of sub system before integration and followed by testing of the entire system when assembled. They provide a combination of designing, manufacturing, testing facilities and after sales support that provides customer delight
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Object of Issue
  • Fund expansion of manufacturing facilities at Sachin, Surat
  • Fund expenditure for General Corporate Purposes

Meera Industries SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jun, 2019
IPO Size :
11.75 Cr.
IPO Subscription :
1.16 X     
PE Multiple :
19.00
IPO Registrar:
Kfin Technologies Limited
Anchor Investors:

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Peer Companies Of This Sector

FAQs

Meera Industries operates in Textiles and . The Issue is listed on BSE SME in Jun, 2019. Meera Industries IPO size was 11.75 Cr. with Issue price of 225.00 .

Meera Industries IPO subscription was 1.16 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Meera Industries IPO listed at a listing price of 221.90 against the offer price of 225.00.

The current market price of Meera Industries is 70.60.

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