Milestone Gears IPO Details
Milestone Gears IPO Summary
Milestone Gears IPO DRHP (Draft Red Herring Prospectus) has been Filed With SEBI.
Milestone Gears IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
The Lead Managers for Milestone Gears IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Jm Financial Ltd, Axis Capital Ltd, Motilal Oswal Investment Advisors Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Milestone Gears Limited DRHP.
Milestone Gears IPO Details
Milestone Gears IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| To be announced | |||
Milestone Gears IPO Reservation
Promoter Holding
Documents
Milestone Gears IPO Valuations
Milestone Gears Financial Information
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 651.84 | 617.67 | 521.61 | 537.81 |
| Total Income | 168.52 | 546.89 | 535.99 | 615.64 |
| Profit After Tax | 9.36 | 22.06 | 6.72 | 14.07 |
| EBITDA | 31.77 | 96.31 | 70.56 | 76.83 |
| NET Worth | 135.57 | 126.26 | 104.10 | 96.74 |
| Reserves and Surplus | 132.57 | 123.26 | 101.10 | 93.74 |
| Total Borrowing | 382.58 | 372.76 | 315.25 | 316.84 |
| Amount in ₹ Crore | ||||
About Milestone Gears IPO
Established in 1984, Milestone Gears Limited specializes in producing high-precision, complex transmission components that are used across a wide spectrum of industries, including tractors, construction machinery, electric vehicles (EVs), locomotives, wind energy systems, and other heavy-engineering segments.
The company supplies these components to both Indian and international original equipment manufacturers (OEMs) and their group companies. It has built strong and enduring business relationships, reflected in an average association of more than 18 years with its top 10 customers, based on Fiscal 2025 revenue.
Milestone Gears manufactures a wide range of products such as bull gears, rear axles, spindles, internal ring gears, and bevel gears, serving diverse sectors like agriculture, construction equipment, EV mobility, locomotive engineering, and wind power. The company continues to broaden its product range to expand its market reach.
Between April 1, 2022, and June 30, 2025, Milestone Gears exported its products to ten countries, including the United States, the United Kingdom, Turkey, Germany, Belgium, Italy, Brazil, China, Hungary, and Malaysia.
The company operates nine manufacturing facilities across Punjab, Haryana, and Himachal Pradesh, covering a built-up area of more than 398,000 sq. ft., situated on land exceeding 700,000 sq. ft..
As of June 30, 2025, Milestone Gears Limited employed 1,417 permanent staff members and 2,038 contractual workers.
Strength Of Milestone Gears IPO
Risk Of Milestone Gears IPO
Objectives Milestone Gears IPO
1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by the Company;
2. 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
3. General corporate purposes.
Company Contact Details
Milestone Gears Ltd.
58, Sector 1 Industrial Area Parwanoo,
District Solan, Himachal Pradesh, 173220
Phone: +91 1733 218212
Email: investor.relations@milestonegroup.co.in
Website: http://www.milestonegroup.co.in/
Registrar Contact Details
Milestone Gears FAQs
The Milestone Gears IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹2 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at TBA.
Quick Links
Comments
