Mish Designs IPO: The Rs 9.76 crore Mish Designs IPO is a fixed price offering. This is a completely new 8 lakh share offering. The IPO price of Mish Designs is ₹122 per share. An application must have a minimum lot size of 1000 shares. Retail investors are required to invest a minimum of ₹122,000. HNI requires a minimum investment of two lots, or 2,000 shares, for a total of ₹244,000.
The Mish Designs initial public offering (IPO) will go live on October 31, 2023, and end on November 2, 2023. On Tuesday, November 7, 2023, the allocation for the Mish Designs IPO is anticipated to be completed. The tentative listing date for the Mish Designs IPO is Friday, November 10, 2023, and it will take place on the BSE SME.
The Mish Designs IPO’s book-running lead manager is Aryaman Financial Services Limited, and the issue’s registrar is Kfin Technologies Limited.
Mish Designs IPO Overview
| Mish Designs Limited Company Overview | |
|---|---|
| Company Name | Mish Designs Limited |
| IPO Opening Date | 31 October, 2023 |
| IPO Closing Date | 02 November, 2023 |
| Face Value | 10₹ Per Share |
| Share Price Range | 122₹ |
| Lot Size | 1000 Shares Per Lot |
| GMP | Check Here |
| Issue Type | Fixed Price Issue |
| Total IPO Issue Size | 800,000 Shares |
| Fresh Issue Size | 800,000 Shares |
| IPO Listing At | BSE SME |
| Share Holding Pre Issue | 2,000,000 |
| Share Holding Post Issue | 2,800,000 |
| More IPO’s | Check Here |
Mish Designs IPO Lot Size
Investors may make a minimum offer of 1000 shares and an amount greater than that. The minimum and highest investments made by retail investors and HNI in terms of shares and money are shown in the table below.
| Mish Designs Limited IPO Lot Size | |
|---|---|
| Minimum Retail Applications | 01 Lot |
| Maximum Retail Applications | 01 Lot |
| Minimum HNI Applications | 02 Lots |
| Total Shares In Single Lot | 2000 Shares |
| Amount For Single Lot | ₹122,000 |
Mish Designs IPO Time Table (Tentative)
The IPO for Mish Designs starts on October 31, 2023, and ends on November 02, 2023.
| Mish Designs Limited IPO Time Table Complete Details | |
|---|---|
| IPO Initiation Date | 31 October, 2023 |
| IPO Ending Date | 02 November, 2023 |
| Basis Of Allotment | 07 November, 2023 |
| Initiation Of Refund | 08 November, 2023 |
| Shares Credit To D-Mat Account | 09 November, 2023 |
| Date Of Listing | 10 November, 2023 |
| Cut Off Time For UPI Mandate Confirmation | 05:00 PM, 02 November, 2023 |
Mish Designs IPO Reservation Details
| Mish Designs Limited IPO Reservation Overview | |
|---|---|
| Shares Offered To Retailers | Not Less Than 50% Of Net Offer |
| Shares Offered To Others | Not Less Than 50% Of Net Offer |
Mish Designs Company Financials
| Mish Designs Limited Company Financials Information | |
|---|---|
| This Data Is Of | 31 March, 2023 |
| Total Revenue | 1,111.95 |
| Assets | 711.46 |
| Profit After Tax | 60.76 |
| Net Worth | 218.08 |
| Reserves And Surplus | 18.08 |
| Debt | 300.01 |
| All Amount In ₹ Lakh | |
Mish Designs Promoters Holding
| Share Holding Pre Issue | 95.75% |
| Share Holding Post Issue | 68.35% |
Mish Designs Key Performance Indicators
| Mish Designs Limited Key Performance Indicators | |
|---|---|
| KPI | Values |
| Debt/Equity | 1.38 |
| EPS | 5.61 |
| ROE | 44.00% |
| ROCE | 22.20% |
| RoNW | 27.86% |
Is Mish Designs IPO Contact Details.
| Mish Designs Limited Contact Details | |
|---|---|
| Company Address | Gala No. 4, Gulati Industries Hattibaug Love Lane Mazgaon, Mumbai City, Mumbai, 400010 |
| Phone | +91 22- 23719478 |
| info@mishindia.com | |
| Website | https://mishindia.com/ |
Is Mish Designs IPO Good Or Bad To Buy?
Fabrics are processed by Mish Designs and sold as clothing in India under the “MISH” and “CURVES BY MISH” brands. Presently, the business exports its goods to the United Arab Emirates using the “ZOEY” brand. To accommodate the various needs of its clientele, the business provides a selection of more than a thousand contemporary styles. The company sells a variety of items in the women’s apparel area, including t-shirts, dresses, tops, co-ords, pants, and palazzos.
What Is The Objective Of Mish Designs IPO Issue?
The main objective’s of Mish Designs IPO issue are :-
- Meeting the needs for working capital funding.
- To finance marketing and branding campaigns.
- Broader corporate objectives.
How To Apply For Mish Designs IPO?
The Mish Designs IPO application form and payment can both be completed online. Through the net banking feature of your bank account, you can access the ASBA IPO application. UPI IPO applications are provided by brokers who do not offer banking services. On this page, you can get more details on how to apply for an IPO online using Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank, and SBI Bank.
When Is Mish Designs IPO Allotment?
The Allotment Date For Mish Designs IPO Is November 07, 2023.