BAJAJ FINSERV DIRECT LIMITED
ipo alt text

Milan Ginning Pressing Ltd. IPO Details

Initial Public Offerings (IPOs) allow you to invest in companies going public. Milan Ginning Pressing Ltd. goes public when it first sells its shares after being listed on BSE or NSE.

Milan Ginning Pressing Ltd.
Objective
1.Investment in our Subsidiary, MAH Textiles LLP* in the form of equity capital (post conversion) for financing the construction of factory building, factory shed and cost of equipment and machinery for the manufacturing unit of dyeing and printing of knitted fabric located at Limbdi, Surendranagar, Gujarat (“Proposed Project”)
2.Funding its incremental working capital requirements;
3.General Corporate Purposes
IPO Details
Face Value ₹ 10.00 Per Share
Issue Size ₹ 0.00 - 0.00 Cr
Price Band ₹ 0.00 - ₹ 0.00 Per Share
Issue Type Book building
Business Description
We are a leading player (on consolidated basis) in the manufacturing of cotton bales, open end yarn, cotton seed, cotton seed oil, cotton li

...

nter, De Oil cakes, hulls and trading of cotton bales, open end yarn, cotton yarn, fabric, polyester yarn, and other miscellaneous products. Since its incorporation in 1995 under the dynamic leadership of our Promoter, Mr. Husenali Yusufali Narsinh, the company has continually evolved to become a prominent supplier to major global markets and end-users across the world. Company operates as a well-managed company with a strong infrastructure and an extensive global network, enabling us to efficiently cater to the increasing demand for high-quality cotton products.The company’s journey began with the trading of raw cotton, gradually expanding into establishing a modernized ginning and pressing facility to serve the cotton yarn industry across the country. Today, Milan Ginning Pressing Limited is at the forefront of the cotton industry, not only supplying raw materials to textile industries but also engaging in large-scale organic contract farming. Our organic farming operations span over multiple acres of farmland, involving the support and participation of co-operative societies of farms from surrounding villages, thereby fostering sustainable agriculture practices. Additionally, we have selected farmers specifically for cultivating certified cotton, as per standards set by renowned international companies, further promoting responsible sourcing. Read More
Address
Address Revenue Survey No.555/ P Near Chorania 440kv Watt Sub Station National Highway-8, Untadi, Limbdi
City Surendranagar Dist
State Gujarat
Pincode 363421
Phone 027 5329 9001
Email cs@milangroupindia.com
Website www.milangroupindia.com
About IPO
Listed At BSE
Lead Manager PNB Investment Services Ltd
Promoters
Husenali Yusufali Narsinh
Minajbanu Husenali Narsinh
Mohmmadhasnein Husenali Narsinh
Registrar

K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)

040 - 67162222/18003094001
einward.ris@kfintech.com
www.kfintech.com
Latest News
Alt Text
Equity

Route Mobile informs about earnings conference call

Alt Text
Finance

Currency futures for July expiry trade weaker with 0.31% decrease in OI

Alt Text
Economy

Net direct tax collection falls 1.34% to Rs 5.63 lakh crore till July 10 of current financial year

Alt Text
Ipo

Anthem Biosciences coming with IPO to raise upto Rs 3585 crore

View All

Open Demat Account today!

Enter Full Name

Invalid Full Name

+91

Enter mobile number

Invalid mobile number

Select Partner
Verification required
close

Enter the One Time Password (OTP)

Sent to ********99

Edit Number
Enter valid OTP
Field should not be blank
You have exhausted your OTP attempts try again after 10 min

Request another in 60s

Resend OTP

secure   100% safe and secure

Frequently asked questions

What is an IPO?

An Initial Public Offering (IPO) is when a private company sells shares to the public for the first time, enabling investors to purchase these shares and gain partial ownership in the business. For instance, if a well-known tech firm wants to grow and requires additional funds, it might choose to go public through an IPO. During this process, investors can buy shares, and the company’s stock starts trading on the stock exchange on the day of the IPO listing.

Investors can apply for an IPO through their bank or brokerage account. Many trading platforms have a specific section for IPOs where users can submit their applications online.

The primary market is where shares are offered to the public for the first time via an IPO. After the IPO, shares are traded on the secondary market (stock exchange), where existing shareholders can sell to new buyers.

Investing in an IPO offers the opportunity to become an early investor in companies with high growth potential, at a price which may be lower than their post-listing market value. It provides a chance to participate in the company's growth journey from its early stages. However, IPO investments also come with inherent risks, such as market volatility and uncertainties about the company's future performance.

The price of an IPO is established through a systematic process known as "book building." In this method, investors bid within a given price range, and the final price is set based on demand and market conditions. Several factors play a crucial role in determining the IPO price, including:

  • Past Financial Performance: Evaluating the company's revenue, profits, and financial stability over time
  • Growth Potential: Assessing future prospects based on the company's business model and market opportunities
  • Industry Peers: Comparing valuation metrics with similar companies in the same sector
  • Larger Industry Picture: Analysing overall industry trends and economic conditions that could impact the company's performance

The lock-in period for IPO shares refers to a duration during which specific investors are restricted from selling their shares post-listing. This period varies based on the type of investor:

  • Promoters: The lock-in period for promoters ranges from 6 months to 18 months, ensuring their commitment to the company's long-term growth
  • Anchor Investors: Typically, anchor investors face a shorter lock-in period of 30 to 90 days, depending on regulatory norms and the specific IPO

IPOs can be volatile and may not perform as expected in the short term. Investors risk losing capital if the stock price drops after listing, especially if the company does not meet its growth projections.

Information on upcoming IPOs is often available through brokerage platforms, financial news sites, and regulatory bodies like SEBI, which publishes details on companies going public. You can also get these details under the upcoming IPO section on Bajaj Markets.

Eligibility for an IPO typically includes:

  • Retail Investors: Individuals who invest in smaller amounts, usually under the “retail investor” category, with certain limits
  • Qualified Institutional Buyers (QIBs): Entities like mutual funds, banks, and insurance companies, who invest large sums
  • Non-Institutional Investors (NIIs): High-net-worth individuals or entities investing above the retail threshold

Investors must have a Demat and trading account to apply, and in some cases, certain financial or residency qualifications may apply depending on local regulations.

SME (Small and Medium Enterprise) IPOs generally carry higher risk but may provide significant growth potential. Investors should research the company’s stability, financials, and sector risks, as SME stocks can be more volatile compared to large-cap companies.

View More

Disclaimer

This content is for educational purpose only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.

Select partner from dropdown

Disclaimer

All content and research information displayed on the Site, are obtained from our partner Accord Fintech Private Limited. an authorized data feed vendor of BSE/NSE/MCX/NCDEX exchange. The data is provided on ‘As-Is’ basis and is not a live data feed but a feed with 15 minutes delay or more. Bajaj Markets does not warrant accuracy, completeness, timely availability of the information and data available on the Site. Past performance, when presented, is purely for reference purposes and is not a guarantee of similar future results.

The Services offered on the Site does not constitute investment advice in any manner whatsoever. You shall be solely responsible for any investment decisions made by placing reliance on the information provided on the Site.

Bajaj Markets partners with financial services entities for sourcing leads for services such as DEMAT accounts etc. In case you wish to avail the services, you shall be redirected to partners platform and shall be bound by the terms and conditions, privacy policy governing the said platform. 

Home1
Home
ONDC_Shopping
Shopping
Credit1
Credit Score
Accounts1
My Accounts
explore
Explore