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Open
31 Oct to 2 Nov, 2023
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Close
31 Oct to 2 Nov, 2023
3
Allotment
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Listing
Tue, Nov 7, 2023
Price Band
₹122 per share
Issue Size
8,00,000 shares (agg. up to ₹10 Cr)
Lot Size
1,000 Shares
Listing Date
Tue, Nov 7, 2023
Latest GMP
₹70
Est. Gain
57.38%
✦ AI Insight
GMP Trend
07-11-2023₹70Est. ₹192+57.38%
06-11-2023₹70Est. ₹192+57.38%
05-11-2023₹70Est. ₹192+57.38%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 133.51x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 6.98 | 7,11,450.00 | 4.23 | 2.52 |
| Total Income | 2.27 | 11.12 | 7.31 | 4.19 |
| Profit After Tax | 0.11 | 0.61 | 0.05 | 0.00 |
| NET Worth | 2.29 | 2.18 | 0.57 | 0.52 |
| Reserves and Surplus | 0.29 | 0.18 | 0.32 | 0.27 |
| Total Borrowing | 2.64 | 3.00 | 2.31 | 1.08 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Karnika Industries Ltd. | SME | ₹25.07 Cr | ₹76 | 7.57 | ₹82.60 | +8.68% | ₹121.75 (-3.22%) |
| C P S Shapers Ltd. | SME | ₹11.10 Cr | ₹185 | 11.28 | ₹472.50 | +155.41% | ₹1,010.10 (-2.83%) |
| Bizotic Commercial Ltd. | SME | ₹42.21 Cr | ₹175 | 36.38 | ₹171.00 | -2.29% | ₹569.05 (-4.99%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Working capital requirements | 5.51 |
| 2 | To fund branding and marketing initiatives | 1.05 |
| 3 | General Corporate Purpose | 1.83 |
About Mish Designs IPO
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. + Read More
Contact Details
Mish Designs Ltd. AddressGala No.4, Gulati IndustriesHattibaug Love LaneMazgaonMumbai, Maharashtra, 400010+91 22- 23719478info@mishindia.comVisit Website