Milestone Furniture Limited SME IPO

Mumbai based Milestone Furniture Limited was incorporated in 2014. It manufactures & markets Interior and Modular Furniture.
The company has developed expertise in Space & workstation Management, designing and innovation in Furniture used in Education, Healthcare and Corporate organisations. Its manufacturing and Design facility is in Sakinaka, Mumbai.

The company is promoted by Mr. Digamber Sudam Songhare and Mr. P. S. Ganeshkumar.

Issue Details

Milestone Furniture Limited IPO
 Issue Open

 May 7, 2018 - May 11, 2018 
 Issue Price  Rs 45 Per Equity Share  
 Market Lot  3000 Shares 
 Minimum Order  Quantity  3000 Shares
 Issue Size  3,297,000 Equity Shares of Rs 10 aggregating up to Rs 14.84 Cr 
 Face Value  Rs 10/-
 Listing At  BSE SME


Company Promoters:

The promoters of the Company are Mr. Digamber Sudam Songhare and Mr. P. S. Ganeshkumar.

Objects of E2E Networks Limited - SME IPO:

The Objects of the Issue are:

1. To set up the manufacturing facility to manufacture the modular and innovative furniture
2. Working Capital Requirement
3. General Corporate Expenses; and
4. To meet the expenses of the Issue

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