Mittal Life Style Limited Profile:
Mittal Life style was Incorporated in the year 2005. It is located in Mumbai, India. At Mittal, Life style takes pride in introducing themselves as a reputed trading house, dealing with Denim & Bottom weight Fabrics. They are a prominent supplier of Fashion Fabrics, Cotton Canvas denim, Dupion bottom Fabrics, Polyester Fabrics, Cotton Fabric, knit fabrics etc. to the textile industry. Since decades, they have been catering high-quality fabrics in the national market.
With Their wide experience and market expertise, they have been able to garner goodwill of a large number of clients. Their objective is to offer total customer satisfaction to the clients in terms of quality, performance, price, and timely delivery. Consequently, they are reckoned as one of the credible Denim & Bottom Weight Fabrics based in India.
They have set a mission for themselves to provide best quality products according to the tastes and preferences of the customer. They can source any kind of fabric, from all over India. The aim of Mittal Life style is to create new trends in the market with expertise.
Quality is an integral part of Mittal Life style organization. Their adherence to the stringent quality control policy has assisted in building a good brand image for their products. Right from the procurement of their products like denim Fabrics, bottom weight Fabrics, Knit Fabrics, etc. to finish packed consignment, quality inspectors keep a close eye on each and every procedure.
Mittal Life Style Limited Promoters:
Mr. Brijeshkumar Jagdishkumar Mittal, Mr. Pratik Brijeshkumar Mittal, and JK Denim Fab Private Limited are the Promoters of the Company.
Mittal Life Style Limited IPO details:
Symbol: MITTAL
Issue Size: Public issue of 21,00,000 Equity Shares (including Market Maker reservation portion of 1,20,000 equity shares)
Face Value: Rs.10
Price Range: Rs.21
Issue Type: Fixed Price
Bid Lot: 6,000 equity shares and in multiples thereof
Minimum Order Quantity: 6,000 Equity Shares
Registrar: Bigshare Services Private Limited
Issue Period: 19-Mar-2018 to 21-Mar-2018
Maximum Subscription Amount for Retail Investor: Rs.2,00,000
IPO Market Timings: 10.00 a.m. to 5.00 p.m.
Listing at: NSE SME
Financials of the Mittal Life Style Limited:
| Mittal Life Style’s financial performance (in INR lakh) | ||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | 6M FY2018 | |
| Total revenue | 2,527.2 | 3,232.1 | 4,635.1 | 5,904.1 | 7,856.8 | 4,379.5 |
| Total expenses | 2,526.8 | 3,231.3 | 4,633.7 | 5,903.0 | 7,808.1 | 4,324.0 |
| Profit after tax | -0.5 | 0.6 | 0.9 | 0.9 | 33.8 | 30.5 |
Bid Details for MITTAL as on 21-Mar-2018 16:20:01 IST
| Sr. No | Category | No of shares bid for |
| 1 | Qualified Institutional Buyers(QIBs) | 0 |
| 2 | Non Institutional Investors | 23,46,000 |
| 3 | Retail Individual Investors(RIIs) | 5,58,000 |
| 4 | Employees | – |
| Total | 29,04,000 |
Mittal Life Style Limited Allotment Status:
Mittal Life Style Limited IPO Allotment Date: N/A
Mittal Life Style Limited IPO Listing Date: N/A
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