Minimum Investment
—
Price Range
0.00
Lot Size
0 shares
Issue Size
₹1,100 Cr
About the Company
Incorporated in 1984, Milestone Gears Limited is engaged in the manufacturing of high-precision, complex engineered transmission components used across multiple sectors such as tractors, construction equipment, electric vehicles (EVs), locomotives, windmills and other heavy industries.
Bookbuilding IPO
IPO Objectives
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by the Company;
- Financing the capital expenditure requirements in relation to setting up of a new manufacturing facility at Mohal Bated, Tehsil Baddi, District Solan, Himachal Pradesh (the “Proposed Greenfield Project”); and
- General corporate purposes.
Important Dates
| Bid/Offer Opens On | |
| Bid/Offer Closes On | |
| Finalisation of Basis of Allotment | — |
| Initiation of Refunds | — |
| Credit of Shares to Demat | — |
| IPO Listing Date | — |
Frequently asked questions
What is the Milestone Gears IPO lot size?
The lot size is 0 shares.
When does the Milestone Gears IPO open and close?
Bidding is scheduled from TBA to TBA (subject to exchange updates).
How can I apply for the Milestone Gears IPO?
You can apply via the IPO Focuss - Ambica Finstock LLP mobile app during the bidding window using UPI or ASBA as available for this issue.
Grey Market Premium (GMP)
—
Registrar
Kfin Technologies Ltd.
Lead Managers
- JM Financial Ltd. Axis Capital Ltd. Motilal Oswal Investment Advisors Ltd.
Company Promoters
- Ashok Kumar Tandon and Aman Tandon.
