Milestone Gears IPO
TBA /TBA shares
Minimum Investment
Milestone Gears IPO Details
Min. Investment
TBA
Lot Size
TBA
Price Range
0
Issue Size
₹1,100 Cr
About Milestone Gears Ltd.
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.
- DRHP View
Strengths & Financials of Milestone Gears Ltd.
Stallion India Fluorochemicals operates four facilities located in Khalapur (Maharashtra), Ghiloth (Rajasthan), Manesar (Haryana), and Panvel (Maharashtra). The company states that these facilities are specifically designed and equipped to store gases under controlled conditions and are located near customers.- The company serves a wide range of industries, including air conditioning and refrigeration, fire safety, semiconductor manufacturing, automobile production, pharmaceuticals, medical applications, glass bottle production, aerosols, and spray foam. Stallion India Fluorochemicals states that this diverse client base showcases the demand for the company’s products across various sectors.
- The company is ISO 9001:2015 certified for quality management systems for its compliance in the filling and sale of compressed refrigerant gases.
- The company has seen a consistent increase in revenue from operations. Revenue from operations increased from Rs 185.88 crore in FY22 to Rs 225.50 crore in FY23 to Rs 233.23 crore in FY24.
Stallion India Fluorochemicals operates four facilities located in Khalapur (Maharashtra), Ghiloth (Rajasthan), Manesar (Haryana), and Panvel (Maharashtra). The company states that these facilities are specifically designed and equipped to store gases under controlled conditions and are located near customers.- The company serves a wide range of industries, including air conditioning and refrigeration, fire safety, semiconductor manufacturing, automobile production, pharmaceuticals, medical applications, glass bottle production, aerosols, and spray foam. Stallion India Fluorochemicals states that this diverse client base showcases the demand for the company’s products across various sectors.
- The company is ISO 9001:2015 certified for quality management systems for its compliance in the filling and sale of compressed refrigerant gases.
- The company has seen a consistent increase in revenue from operations. Revenue from operations increased from Rs 185.88 crore in FY22 to Rs 225.50 crore in FY23 to Rs 233.23 crore in FY24.
Tentative Date / Timetable
| Bid/Offer Opens On | TBA |
| Bid/Offer Closes On | TBA |
| Finalisation of Basis of Allotment | TBA |
| Initiation of Refunds | TBA |
| Credit of Shares to Demat Acct | TBA |
| IPO Shares Listing Date | TBA |
Company Promoters
| 1. | Ashok Kumar Tandon and Aman Tandon. |
Lead Managers
| 1. | JM Financial Ltd. Axis Capital Ltd. Motilal Oswal Investment Advisors Ltd. |
Contact Information
|
IPO Registrar
|
