Mish Designs Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

31 Oct 2023

Close Date

02 Nov 2023

Allotment

06 Nov 2023

Listing Date

07 Nov 2023

Exchange

BSE SME

Price Band

₹122

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹122

Per share

Face Value

₹10 per share

Lot Size

1,000 Shares

per lot

Issue Size

8,00,000 shares (aggregating up to ₹9.76 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹122,000

1 lot

Pre-IPO Holding

20,00,000 shares

Promoters

Post-IPO Holding

28,00,000 shares

Promoters

P/E (Pre)

21.75x

P/E (Post)

75.31x

EPS (Pre)

₹5.61

UPI Deadline

2023-11-02

Mandate

Anchor AllotmentMon, 30 Oct 2023

Basis of AllotmentMon, 06 Nov 2023

Refund InitiationMon, 06 Nov 2023

Demat CreditMon, 06 Nov 2023

Listing DayTue, 07 Nov 2023

UPI Mandate Deadline2023-11-02

Sale TypeFresh Capital

Net Offer to Public7,22,000 shares (aggregating up to ₹8.81 Cr)

Market Maker Quota78,000 shares (aggregating up to ₹0.9516 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Mish Designs Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 02 Nov 2023.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	78,000	—	₹0.95
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	800,000	100%	₹9.76

IPO Shares Offered

Mish Designs Ltd IPO total issue size: ₹9.76 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	78,000	₹0.95	9.75%
Total	800,000	₹9.76	100.00%

* Based on upper price band ₹122 per share

Lot Size & Investment

Lot Size

1,000

Shares per Lot

Issue Price

₹122.00

Upper Band

Min Investment

₹122,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	2,000	₹244,000
Retail (Max — 13 Lots)	13	13,000	₹1,586,000
S-HNI (Min — 14 Lots)	14	14,000	₹1,708,000
B-HNI (Min — 68 Lots)	68	68,000	₹8,296,000

* Issue Price ₹122 × Lot Size 1,000 shares

IPO Schedule

Anchor

30 Oct 2023

✓ Done

IPO Open

31 Oct 2023

✓ Done

IPO Close

02 Nov 2023

✓ Done

Allotment

06 Nov 2023

✓ Done

Refunds

06 Nov 2023

✓ Done

Demat Credit

06 Nov 2023

✓ Done

Listing Day

07 Nov 2023

✓ Done

₹122.00

INR · BSE

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Issue ₹122.00 Live Price

About Mish Designs Ltd

Incorporated in November 2017, Mish Designs is engaged in processing fabrics into garments under the brand name "MISH", "CURVES BY MISH" in India. The company is currently exporting their product to United Arab Emirates under the brand name "ZOEY". The company offers a collection of over 1000 trendy designs to meet the diverse requirements of the customers. The company offers a wide range of products in the category of women's wear such as dresses, tops, co-ords, t-shirts, trousers and palazzos.The company's competitive strength lies in the following points:Online presence through multiple platforms such as Nykaa, Myntra, ajio, etc.Cost-effective production and timely order fulfilment.Experienced management team and promoters. 

Objects of the Issue

Funding Working capital requirements

To fund branding and marketing initiatives

General Corporate Purpose

Mish Designs Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹730.7

31 Mar 2022

₹1,112.0

31 Mar 2023

₹227.2

30 Jun 2023

Profit After Tax (PAT)

₹5.4

31 Mar 2022

₹60.8

31 Mar 2023

₹11.3

30 Jun 2023

Particulars	30 Jun 2023	31 Mar 2023	31 Mar 2022
Revenue from Operations	227.17	1111.95	730.70
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	11.33	60.75	5.36
Net Worth	229.40	218.08	57.33
Total Assets	697.71	71145000.00	423.10
Reserves & Surplus	29.40	18.08	32.33
Borrowings	264.37	300.01	231.36
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

RoE

44%

RoCE

22.20%

RoNW

27.86%

Debt/Equity

1.38

Issue Structure & Shareholding

Total Shares Offered8,00,000 (100.00%)

Net Offer to Public7,22,000 shares (aggregating up to ₹8.81 Cr)

Reserved for Market Maker78,000 shares (aggregating up to ₹0.9516 Cr)

Pre-Issue Promoter Holding20,00,000 shares

Post-Issue Promoter Holding28,00,000 shares

P/BV RatioN/A

RoE44%

RoCE22.20%

Debt / Equity1.38

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd.

04067162222, 04079611000

cpl.ipo@kfintech.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

Aryaman Financial Services Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Mish Designs Ltd IPO subscribed? ▲

Mish Designs Ltd IPO is subscribed 1.00 times by Nov 02, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Mish Designs Ltd IPO retail subscription status? ▼

The Mish Designs Ltd IPO retail category is subscribed 1.00 times as of 02 Nov 2023. The retail portion is oversubscribed.

How to subscribe Mish Designs Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 31 Oct 2023 and closes 02 Nov 2023. Min investment: ₹122,000 (1 lot = 1,000 shares). UPI mandate: 2023-11-02.

How many times Mish Designs Ltd IPO subscribed? ▼

The Mish Designs Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Mish Designs Ltd IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 06 Nov 2023. Refunds: on 06 Nov 2023.

When Mish Designs Ltd IPO will be listed? ▼

The Mish Designs Ltd IPO listing date is 07 Nov 2023, Tuesday. Listed on: BSE SME. Issue price: ₹122. Estimated listing: ₹122. GMP: NIL.

When Mish Designs Ltd IPO close? ▼

The Mish Designs Ltd IPO closes on 02 Nov 2023, Thursday. UPI mandate: 2023-11-02. Allotment: 06 Nov 2023. Listing: 07 Nov 2023.

Quick Actions

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Live Price LIVE

Last Price₹122.00

Change—

Issue Price₹122.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹122

Face Value₹10

Lot Size1,000 Sh

Min. Amount₹122,000

GMPNIL

Est. Listing₹122

Subscribed1.00x

Open Date31 Oct 2023

Close Date02 Nov 2023

Allotment06 Nov 2023

Listing Date07 Nov 2023

ExchangeBSE SME

UPI Deadline2023-11-02