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Open
23 Sep 2019
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Close
25 Sep 2019
3
Allotment
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Listing
Fri, Oct 4, 2019
Price Band
₹27 per share
Issue Size
7,16,000 shares (agg. up to ₹2 Cr)
Lot Size
4,000 Shares
Listing Date
Fri, Oct 4, 2019
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.37x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2019 | 31 Mar 2018 | 31 Mar 2017 |
|---|---|---|---|
| Assets | 8.00 | 7.40 | 5.30 |
| Total Income | 7.61 | 6.77 | 5.77 |
| Profit After Tax | 0.42 | 0.25 | 0.16 |
| EBITDA | 1.09 | 0.65 | 0.48 |
| NET Worth | 3.84 | 3.43 | 3.18 |
| Reserves and Surplus | 1.59 | 1.18 | 0.93 |
| Total Borrowing | 2.97 | 2.53 | 1.06 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Meera Industries Ltd. | SME | ₹11.75 Cr | ₹225 | null | ₹221.90 | -1.38% | ₹44.10 (-2.00%) |
| Marine Electricals (India) Ltd. | SME | ₹42.87 Cr | ₹66 | null | ₹66.60 | +0.91% | ₹253.40 (-1.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment/ repayment of certain debt facilities availed by our Company (Loan for shed expansion) | 0.25 |
| 2 | To Meet working capital requirement | 0.50 |
About Misquita Engineering IPO
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+ Read More
Contact Details
Misquita Engineering Ltd. Address182/1 Vaiginim VaddoNachinolAldonaNorth Goa, Goa, 403508+91 83088 48233info@misquitaengg.comVisit Website