Baba Food Processing IPO vs Mish Designs IPO

Comparison between Baba Food Processing IPO and Mish Designs IPO.

IPO Details

Baba Food Processing IPO is a SME Fixed Price IPO proposed to list at NSE SME while Mish Designs IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Baba Food Processing IPO is up to ₹31.23 Cr whereas the issue size of the Mish Designs IPO is up to ₹8.81 Cr. The final issue price of Baba Food Processing IPO is ₹76.00 per share and of Mish Designs IPO is ₹122.00 per share.

 Baba Food Processing IPOMish Designs IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹72.00 per share
Issue Price (Upper)₹76.00 per share
Issue Price (Final)₹76.00 per share₹122.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares1000 shares
Fresh Issue Size41,08,800 shares7,22,000 shares
Fresh Issue Size (Amount)up to ₹31.23 Crup to ₹8.81 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total41,08,800 shares7,22,000 shares
Issue Size Total (Amount)up to ₹31.23 Crup to ₹8.81 Cr

IPO Timetable

Baba Food Processing IPO opens on Nov 03, 2023, while Mish Designs IPO opens on Oct 31, 2023. The closing date of Baba Food Processing IPO and Mish Designs IPO is Nov 07, 2023, and Nov 02, 2023, respectively.

 Baba Food Processing IPOMish Designs IPO
Issue OpenNov 03, 2023Oct 31, 2023
Issue CloseNov 07, 2023Nov 02, 2023
Basis Of Allotment (Tentative)Nov 10, 2023Nov 06, 2023
Initiation of Refunds (Tentative)Nov 13, 2023Nov 06, 2023
Credit of Share (Tentative)Nov 15, 2023Nov 06, 2023
Listing date (Tentative)Nov 15, 2023Nov 07, 2023

Financials & KPIs

Baba Food Processing IPO P/E ratio is , as compared to Mish Designs IPO P/E ratio of 21.75.

 Baba Food Processing IPOMish Designs IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets69.8068.1254.6845.84
Total Income41.39189.6497.56107.70
Profit After Tax1.925.032.011.98
NET Worth26.9225.0019.9716.49
Reserves and Surplus14.9220.2015.1711.69
Total Borrowing32.5132.6727.6723.25
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets6.987,11,450.004.232.52
Total Income2.2711.127.314.19
Profit After Tax0.110.610.050.00
NET Worth2.292.180.570.52
Reserves and Surplus0.290.180.320.27
Total Borrowing2.643.002.311.08
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%95.75%
Promoter Shareholding (Post-Issue)73.5%68.39%
P/E Ratio21.75
Market Cap₹124.20 Cr.₹34.16 Cr.
ROE20.1444
ROCE15.8122.20
Debt/Equity1.38
EPS₹4.20₹5.61
RoNW20.1427.86

Shares Offered

In the Baba Food Processing IPO Retail Individual Investors (RII) are offered 28,35,200 shares while in Mish Designs IPO retail investors are offered 28,35,200 shares. Qualified Institutional Buyers (QIB) are offered 80,000 shares in Baba Food Processing IPO and in Mish Designs IPO.

 Baba Food Processing IPOMish Designs IPO
Market Maker Reservation2,17,600 shares78,000 shares
QIB80,000 shares
NII11,93,600 shares3,61,000 shares
RII28,35,200 shares3,61,000 shares
Total41,08,800 shares7,22,000 shares

Bids Received (Subscription)

Baba Food Processing IPO subscribed 69.44x in total, whereas Mish Designs IPO subscribed 132.59x.

 Baba Food Processing IPOMish Designs IPO
QIB (times)147.02x
NII (times)84.73x98.44x
RII (times)60.82x166.74x
Total (times)69.44x132.59x

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Baba Food Processing IPO Vs Mish Designs IPO