Misquita Engineering Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

23 Sep 2019

Close Date

25 Sep 2019

Allotment

30 Sep 2019

Listing Date

04 Oct 2019

Exchange

BSE SME

Price Band

₹27

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹27

Per share

Face Value

₹10 per share

Lot Size

4,000 Shares

per lot

Issue Size

7,16,000 shares (aggregating up to ₹1.93 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹108,000

1 lot

Pre-IPO Holding

22,50,000 shares

Promoters

Post-IPO Holding

26,94,000 shares

Promoters

UPI Deadline

2019-09-25

Mandate

Anchor AllotmentSun, 22 Sep 2019

Basis of AllotmentMon, 30 Sep 2019

Refund InitiationTue, 01 Oct 2019

Demat CreditTue, 01 Oct 2019

Listing DayFri, 04 Oct 2019

UPI Mandate Deadline2019-09-25

Sale TypeFresh Capital-cum-Offer for Sale

Net Offer to Public6,80,000 shares (aggregating up to ₹1.84 Cr)

Market Maker Quota36,000 shares (aggregating up to ₹0.0972 Cr)

Fresh Issue Shares4,08,000 shares (aggregating up to ₹1.10 Cr)

Offer for Sale2,72,000 shares of ₹10 (aggregating up to ₹0.7344 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Misquita Engineering Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 25 Sep 2019.

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	36,000	—	₹0.10
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	716,000	100%	₹1.93

IPO Shares Offered

Misquita Engineering Ltd. IPO total issue size: ₹1.93 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	36,000	₹0.10	5.03%
Total	716,000	₹1.93	100.00%

* Based on upper price band ₹27 per share

Lot Size & Investment

Lot Size

4,000

Shares per Lot

Issue Price

₹27.00

Upper Band

Min Investment

₹108,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	8,000	₹216,000
Retail (Max — 13 Lots)	13	52,000	₹1,404,000
S-HNI (Min — 14 Lots)	14	56,000	₹1,512,000
B-HNI (Min — 68 Lots)	68	272,000	₹7,344,000

* Issue Price ₹27 × Lot Size 4,000 shares

IPO Schedule

Anchor

22 Sep 2019

✓ Done

IPO Open

23 Sep 2019

✓ Done

IPO Close

25 Sep 2019

✓ Done

Allotment

30 Sep 2019

✓ Done

Refunds

01 Oct 2019

✓ Done

Demat Credit

01 Oct 2019

✓ Done

Listing Day

04 Oct 2019

✓ Done

₹27.00

INR · BSE

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Issue ₹27.00 Live Price

About Misquita Engineering Ltd.

Incorporated in 1998, Misquita Engineering Ltd is a manufacturer and supplier of front-loading washers. The company supplies and does job-work of the front-loading washers for washing machine makers in India.The company believes in the zero-defect product which means zero wastage, zero effect and efficient & effective use of resources.The company qualifies to work as a strategic supplier and supplies machined parts to Commscope USA. Misquita Engineering is planning to expand its building capacity and evolve new technologies to improve the process control level and automation system.The company can maintain a tolerance band of ten microns (maximum) with 5 CNC turning centres and some supporting conventional machines. Competitive StrengthsGrowing Indian economyQuality assurance & standardsA strong relationship with suppliersFully integrated manufacturing unit

Objects of the Issue

1 Prepayment/ repayment of certain debt facilities availed by our Company (Loan for shed expansion)

2 To Meet working capital requirement

Misquita Engineering Ltd. Financials (Amount in Rs Cr)

Revenue from Operations

₹577.3

31-Mar-17

₹677.4

31-Mar-18

₹760.7

31-Mar-19

Profit After Tax (PAT)

₹15.7

31-Mar-17

₹25.3

31-Mar-18

₹42.1

31-Mar-19

Particulars	31-Mar-19	31-Mar-18	31-Mar-17
Revenue from Operations	760.70	677.35	577.26
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	42.12	25.26	15.71
Net Worth	N/A	N/A	N/A
Total Assets	799.91	739.56	529.55
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered7,16,000 (100.00%)

Net Offer to Public6,80,000 shares (aggregating up to ₹1.84 Cr)

Reserved for Market Maker36,000 shares (aggregating up to ₹0.0972 Cr)

Pre-Issue Promoter Holding22,50,000 shares

Post-Issue Promoter Holding26,94,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

Gretex Corporate Services Ltd.

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

IPO Subscription FAQs

How much Misquita Engineering Ltd. IPO subscribed? ▲

Misquita Engineering Ltd. IPO is subscribed 1.00 times by Sep 25, 2019. 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 Misquita Engineering Ltd. IPO retail subscription status? ▼

The Misquita Engineering Ltd. IPO retail category is subscribed 1.00 times as of 25 Sep 2019. The retail portion is oversubscribed.

How to subscribe Misquita Engineering Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 23 Sep 2019 and closes 25 Sep 2019. Min investment: ₹108,000 (1 lot = 4,000 shares). UPI mandate: 2019-09-25.

How many times Misquita Engineering Ltd. IPO subscribed? ▼

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

How to check Misquita Engineering Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 30 Sep 2019. Refunds: on 01 Oct 2019.

When Misquita Engineering Ltd. IPO will be listed? ▼

The Misquita Engineering Ltd. IPO listing date is 04 Oct 2019, Friday. Listed on: BSE SME. Issue price: ₹27. Estimated listing: ₹27. GMP: NIL.

When Misquita Engineering Ltd. IPO close? ▼

The Misquita Engineering Ltd. IPO closes on 25 Sep 2019, Wednesday. UPI mandate: 2019-09-25. Allotment: 30 Sep 2019. Listing: 04 Oct 2019.

Quick Actions

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Live Price LIVE

Last Price₹27.00

Change—

Issue Price₹27.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹27

Face Value₹10

Lot Size4,000 Sh

Min. Amount₹108,000

GMPNIL

Est. Listing₹27

Subscribed1.00x

Open Date23 Sep 2019

Close Date25 Sep 2019

Allotment30 Sep 2019

Listing Date04 Oct 2019

ExchangeBSE SME

UPI Deadline2019-09-25