Mittal Life Style IPO

Mittal Life Style IPOBusiness description - Mittal Life Style is a trading house dealing in Denim Fabrics. For providing different types and quality of denim fabric, the company has tied-up with about 16 composite mills to get denim fabric manufactures as per need and requirements. Some of our regular suppliers are Mafatlal Industries Limited, Oswal Industries Limited, Bhaskar Industries Private Limited, Nandan Denim Limited etc. The company has also tie-up with 11 logistic companies to pick denim fabric from various mills and warehouse at their premises. These include Sainath Roadways Private limited, New India Logistics, Supreme Transport Organization Private Limited.

Promoters of Mittal Life Style – Mr. Brijeshkumar Jagdishkumar Mittal, Mr. Pratik Brijeshkumar Mittal and JK Denim Fab Private Limited
Mittal Life Style IPO details
Subscription Dates 19 - 21 March 2018
IPO Price band INR21 per share
Fresh issue 2,100,000 shares (INR4.41 crore)
Offer for sale Nil
Total IPO size 2,100,000 shares (INR4.41 crore)
Minimum bid (lot size) 6,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
Use of funds
  • Repayment of Unsecured Borrowings - INR2.91 crore
  • General Corporate Purpose - INR1.05 crore
  • Issue expenses - INR0.45 crore
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
Mittal Life Style's Contact Details

Mittal Life Style Limited
Unit No. 8/9, Ravikiran
Ground Floor, New Link Road
Andheri (West), Mumbai – 400053

Phone: +91 22 2674 1792

Mittal Life Style IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.27
Day 2 1.20
Day 3 1.39
Mittal Life Style Valuation (Latest FY)

Earnings Per Share (EPS): INR0.68

Price/Earnings (P/E) ratio: 30.88

Return on Net Worth (RONW): 6.42%

Net Asset Value (NAV): INR10.62 per share

Registrar of Mittal Life Style IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072

Phone: +91 22 4043 0200 
+91 22 2847 5201

Mittal Life Style IPO Allotment Status

Mittal Life Style IPO allotment status is now available on Bigshare Services' website. Click on this link to get allotment status.

Listing performance of Mittal Life Style

IPO Opening Date: 19 March 2018

IPO Closing Date: 21 March 2018

Listing Date: 2 April 2018

Listing Price on NSE SME: INR21 per share (no change from IPO price)

Closing Price on NSE SME: INR21 per share (no change from IPO price)

Mittal Life Style IPO
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