Meera Industries Limited
ListedSMEConsumer Discretionary · BSE
Meera Industries Limited, established in 2006, specializes in manufacturing textile machinery, including winding, twisting, heat-setting, and cabling machines, and also designs and develops high-performance machines for textile processing units. To strengthen customer relationships, the company provides testing facilities and after-sales support. In 2017-18, it launched a yarn twisting division to process and sell yarn. Meera Industries exports its machinery to South America, Europe, America, Africa, and Asia, and operates a wholly owned subsidiary, Meera Industries USA LLC, in North Carolina, serving Canada, the USA, and South America. Its Surat, Gujarat manufacturing unit produces textile machines and houses a DSIR-approved R&D center for product innovation and development.
Price Band
₹225
Issue Size
₹11.75 Cr
Lot Size
500 shares
GMP
—
Est. Listing
₹225
at current GMP
Subscribed
—
Open
13 Jun 2019
Close
18 Jun 2019
Allotment
24 Jun 2019
Refund
25 Jun 2019
Demat Credit
26 Jun 2019
Listing
26 Jun 2019
Last updated 12 days ago
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 261,111 | — | 0.00x |
| Non-Institutional (NII / HNI) | 78,333 | — | 0.00x |
| Retail Individual (RII) | 182,778 | — | 0.00x |
| Total | 522,222 | 0 | 0.00x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 366 | 366 | 1.00x |
| HNIs (10L +) | 2 | 2 | 1.00x |
| HNIs (2-10L) | 11 | 11 | 1.00x |
| Total Applications | 379 | 379 | 1.00x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Meera Industries Limited Public Issue & Market Profile
Meera Industries Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹11.75 Crores. The shares are offered at a price band of ₹225 to ₹225 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2019-06-18, the basis of allotment is scheduled to be finalized on 2019-06-24. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Meera Industries Limited IPO GMP today?
Currently, Meera Industries Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹225 to ₹225 per equity share.
What is the expected profit per lot for Meera Industries Limited IPO?
The retail lot size is 500 shares requiring a minimum application amount of ₹1,12,500. Expected listing price is ₹225 per equity share.
What is the issue size and price band for Meera Industries Limited IPO?
The Meera Industries Limited IPO aggregate issue size is ₹11.75 Crores with an equity price band set at ₹225 to ₹225 per equity share. The retail lot size is 500 shares requiring a minimum capital outlay of approx. ₹1,12,500.
How can I check Meera Industries Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
Where and when will Meera Industries Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2019-06-24. Investors can verify status using PAN card or application number.
When is the listing date for Meera Industries Limited IPO?
Meera Industries Limited shares are scheduled to list on BSE on 2019-06-26.