Business Standard

Mish Designs Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

9.76 cr

Price Range (₹)

122

Lot Size

1000

Min Investment (₹)

1,22,000.00

Listing Exchange

BSE - SME

Open Date

31-Oct-2023

Close Date

02-Nov-2023

Listing Date

07-Nov-2023

Latest IPO News

    The Shares of Mish Designs Ltd have now been listed.

    Mish Designs Ltd IPO Details

    Initial public offer of 8,00,000 equity shares of Rs. 10 each (Equity Shares) of Mish Designs Limited (MISH or the Company) for cash at a price of Rs. 122 per share (the Issue Price), aggregating to Rs. 9.76 crores (The Issue), of which 78,000 equity shares of Rs. 10 each will be reserved for subscription by aggregating market maker to the issue (the Market Maker Reservation Portion). The issue less than the market maker reservation portion i.e. issue of 7,22,000 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 28.57% and 25.79% respectively of the post issue paid up equity share capital of the company.The face value of the equity share is Rs. 10 and the issue price is 12.20 times of the face value.

    Objective of issue

    Funding working capital requirements. To fund brading and marketing initiatives. General corporate purposes.

    Mish Designs Ltd Contact Details

    Mish Designs Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - info@mishindia.com

    Website - www.mishindia.com