Established in 2005, Mittal Life Style Limited stands as a prominent trading house specializing in Denim and Bottom Fabrics. The company’s inception was driven by Brijeshkumar Jagdishkumar Mittal, who infused his denim passion and years of industry experience into its foundation.
Mittal Life Style is dedicated to showcasing the versatility and durability of fabrics, presenting discerning customers with top-tier material. Their diverse fabric offerings find their way into various sectors of the textile industry, encompassing:
- Fashion Fabrics
- Cotton Canvas Denim
- Dupion Bottom Fabrics
- Polyester Fabrics
- Cotton Fabric
- Knit Fabrics
With authorized denim jeans manufacturing rights for esteemed brands like “GERICHO LONDON,” “MITTALIER LONDON,” and “MCALLEN PARIS,” the company extends its offerings both offline and online. Customers can conveniently access these products through popular digital market platforms such as Glowroad, Snapdeal, Amazon, Limeroad, Flipkart, Meesho, Shopclues, PayTM, and 2GUD.
Spanning two generations of the Mittal family, the company thrives on a legacy of business growth, driven by adaptable and responsive trading operations. Today, Mittal Life Style Limited boasts one of India’s most extensive stock-supported collections of denim fabrics, featuring a staggering inventory of over 100 regular variants.
Noteworthy characteristics of the company encompass:
- Competitive Pricing
- Customer-Centric and Efficient Service
- Comprehensive Range of Denim Fabrics
- Exceptional Stock Service
In essence, Mittal Life Style Limited remains a beacon of excellence, seamlessly blending tradition and innovation in the realm of Denim and Bottom Fabrics trading.
Mittal Life Style Limited Stock Quote #
- Open: ₹13.50
- High – Low: ₹13.80 – ₹12.90
- Previous Close: ₹13.55
- Total Traded Value: 60,365
- 52 Weeks High: ₹15.75 (Aug 11, 2023)
- 52 Weeks Low: ₹6.90 (Mar 28, 2023)
- Updated On: Jun 06, 2023 4:00 PM
Mittal Life Style Rights Issue 2023 Detail #
| Issue Open | Feb 22, 2023 – Mar 3, 2023 |
| Security Name | Mittal Life Style Limited |
| Issue Size (Shares) | 14,934,448 |
| Issue Size (Amount) | ₹14.93 Crores |
| Issue Price | ₹10 per share |
| Face Value | ₹10 per share |
| Listing At | NSE |
| Terms of Payment | The entire amount of the Issue Price of Rs. 10/- per Rights Equity Share shall be payable at the time of Application. |
| Entitlement | 1 Rights Equity Share for every 1 fully paid-up Equity Share held as on the Record Date |
Mittal Life Style Rights Issue 2023 Issue Timetable #
| Record Date | Feb 13, 2023 |
| Credit of Rights Entitlements | Feb 17, 2023 |
| Bid/Offer Opens On | Feb 22, 2023 |
| Renunciation of Rights Entitlements | Feb 27, 2023 |
| Bid/Offer Closes On | Mar 3, 2023 |
| Deemed Date of Allotment | Mar 14, 2023 |
| Credit Date | Mar 17, 2023 |
| Listing Date | Mar 22, 2023 |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth |
|---|---|---|---|---|
| 31-Mar-21 | 26.57 | 53.22 | 0.26 | 13.66 |
| 31-Mar-22 | 19.61 | 52.55 | 0.18 | 16.02 |
| Amount in ₹ Crore | ||||
Objects of the Issue: #
The company proposes to utilize the net proceeds from the issue towards funding the following objects:
- To augment the existing and incremental working capital requirement of our Company; and
- General Corporate Purposes
Mittal Life Style Rights Issue 2023 Documents #
Company Contact Information #
Unit No. 8/9, Ravikiran,
Ground Floor, New Link Road, Andheri (West),
Mumbai – 400 053Phone: + 91 22 2674 1792
Email: cs@mittallifestyle.in
Website: http://www.mittallifestyle.in/
Mittal Life Style Rights Issue 2023 Registrar #
- Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: rightsissue@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
