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Minar International Limited IPO (Minar IPO) Detail

September 25, 2006 - September 29, 2006

Minar IPO is a book built issue.

Minar IPO bidding started from September 25, 2006 and ended on September 29, 2006.

Minar IPO price band is set at ₹108 to ₹115 per share.

Keynote Financial Services Ltd is the book running lead manager of the Minar IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Minar IPO RHP for detailed information.

Minar IPO Details

IPO Date September 25, 2006 to September 29, 2006
Listing Date [.]
Face Value ₹10 per share
Price Band ₹108 to ₹115 per share
Lot Size
Total Issue Size[.] shares
(aggregating up to ₹[.] Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue17,374,588
Share holding post issue24,297,665

Minar IPO Promoter Holding

Share Holding Pre Issue 100%
Share Holding Post Issue 71.51%

About Minar International Limited

Minar International Limited, formerly known as M/s Minar Exports, is an India-based company engaged in the business of manufacturing and export of home textiles in overseas market primarily in the United States. The core export of the Company consists of bed linen, napkins and terry towels. It also exports its products to some parts of Europe. Its textile products other than garments are divided into three categories, yarn, fabric, and made-ups, which is a value-added item, and refers to stitched articles of textiles, other than ready-made garments. Its product portfolio consists of a line of bed linen and other home textiles, which include bed sheets, fitted sheets, pillow cases, sheet sets, bed covers, duvets, pillow shams, bedcover/duvet sets, bed skirts, coverlets, bedspreads, quilts, comforters, flannels, mattress pads, cushions and cushion covers. It also offers throws, curtains, drapes, valances, window dressings, upholstery fabrics and covers, table linen, napkins and towels.

Key Performance Indicator

Minar IPO Prospectus

Minar IPO Rating

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Minar International Limited Contact Details

Minar International Limited
Minar International Limited,
308, Navyug, 167, Tokersi Jivraj Road,
Sewree (West), Mumbai – 400 015, India
Phone: +91 22 24133714
Email: ukn@vsnl.com
Website: http://www.minarinternational.com

Minar IPO Registrar

Minar IPO - Buy or Not

Minar IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 0
Members 0 0 0

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Minar IPO FAQs

Minar IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at ₹108 to ₹115 per share. The minimum order quantity is .

The IPO opens on September 25, 2006, and closes on September 29, 2006.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Minar IPO opens on September 25, 2006 and closes on September 29, 2006.

Minar IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Minar IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Minar IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Minar IPO allotment status.

The Minar IPO listing date is not yet announced. The tentative date of Minar IPO listing is [.].
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Minar IPO Message Board

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8 Comments

8. Vikram |   Link |  Bookmark |November 12, 2006 1:40:23 PM
Hi Shashi,
Please find the registrar's contact detail as below:

Intime Spectrum Registry Limited
C-13, Pannalal Silk Mills Compound,
L.B.S.Marg, Bhandup (West), Mumbai – 400 078
Tel: (022) 2596 3838, Fax: (022) 5555 5353
E Mail: isrl@intimespectrum.com
Website: www.intimespectrum.com

7. shashi bhushan |   Link |  Bookmark |November 12, 2006 10:41:18 AM
No refund has been received till date from Minar INT. Can You please give me the address and mail add of the registrar?
6. Pradeep |   Link |  Bookmark |October 22, 2006 3:44:08 AM
When will the IPO return money to the investors! This is really a cheating!!!
5. Ramesh |   Link |  Bookmark |October 18, 2006 8:20:30 AM
those who are applied for this IPO they are going to get their money back into their respective accounts after 20th Oct 2006 onwords.
4. Ramesh |   Link |  Bookmark |October 16, 2006 8:54:51 AM
Unespectedly I have applied for minimum Quantity of shares for this IPO. Issue has been closed around 16 days back, till now there is no information about this issue. what is expected date for status of allotment and listing date.

can any one inform me about this?
3. Vikram Singh |   Link |  Bookmark |October 8, 2006 6:03:22 AM
Minar IPO Subscription

NII – 1.2 Times
Retail - 0.8 Times
QIB - 0.8 Times
Overall 0.6 times

2. Dhananjay |   Link |  Bookmark |October 4, 2006 11:09:49 PM
Minar International IPO received 42% subscription for its offer of over 69.23 lakh equity shares as of Tuesday Oct 03. The issue is closing on October 5.
1. Amit Globallogic |   Link |  Bookmark |September 25, 2006 10:45:23 PM
When is ACE getting listed?