Mish Designs IPO vs Vrundavan Plantation IPO

Comparison between Mish Designs IPO and Vrundavan Plantation IPO.

IPO Details

Mish Designs IPO is a SME Fixed Price IPO proposed to list at BSE SME while Vrundavan Plantation IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Mish Designs IPO is up to ₹8.81 Cr whereas the issue size of the Vrundavan Plantation IPO is up to ₹14.52 Cr. The final issue price of Mish Designs IPO is ₹122.00 per share and of Vrundavan Plantation IPO is ₹108.00 per share.

 Mish Designs IPOVrundavan Plantation IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹122.00 per share₹108.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1000 shares1200 shares
Fresh Issue Size7,22,000 shares13,44,000 shares
Fresh Issue Size (Amount)up to ₹8.81 Crup to ₹14.52 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total7,22,000 shares13,44,000 shares
Issue Size Total (Amount)up to ₹8.81 Crup to ₹14.52 Cr

IPO Timetable

Mish Designs IPO opens on Oct 31, 2023, while Vrundavan Plantation IPO opens on Oct 30, 2023. The closing date of Mish Designs IPO and Vrundavan Plantation IPO is Nov 02, 2023, and Nov 01, 2023, respectively.

 Mish Designs IPOVrundavan Plantation IPO
Issue OpenOct 31, 2023Oct 30, 2023
Issue CloseNov 02, 2023Nov 01, 2023
Basis Of Allotment (Tentative)Nov 06, 2023Nov 05, 2023
Initiation of Refunds (Tentative)Nov 06, 2023Nov 06, 2023
Credit of Share (Tentative)Nov 06, 2023Nov 06, 2023
Listing date (Tentative)Nov 07, 2023Nov 06, 2023

Financials & KPIs

Mish Designs IPO P/E ratio is 21.75, as compared to Vrundavan Plantation IPO P/E ratio of 34.62.

 Mish Designs IPOVrundavan Plantation IPO
Financials

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

Company Financials (Restated)

Period Ended31 May 2023
Assets23.22
Total Income1.81
Profit After Tax0.17
NET Worth4.14
Reserves and Surplus0.22
Total Borrowing0.17
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.75%85.29%
Promoter Shareholding (Post-Issue)68.39%62.65%
P/E Ratio21.7534.62
Market Cap₹34.16 Cr.₹57.59 Cr.
ROE448.35
ROCE22.206.71
Debt/Equity1.380.47
EPS₹5.61₹0.52
RoNW27.864.19

Shares Offered

In the Mish Designs IPO Retail Individual Investors (RII) are offered 3,61,000 shares while in Vrundavan Plantation IPO retail investors are offered 3,61,000 shares. Qualified Institutional Buyers (QIB) are offered in Mish Designs IPO and in Vrundavan Plantation IPO.

 Mish Designs IPOVrundavan Plantation IPO
Market Maker Reservation78,000 shares72,000 shares
NII3,61,000 shares6,72,000 shares
RII3,61,000 shares6,72,000 shares
Total7,22,000 shares13,44,000 shares

Bids Received (Subscription)

Mish Designs IPO subscribed 132.59x in total, whereas Vrundavan Plantation IPO subscribed 18.56x.

 Mish Designs IPOVrundavan Plantation IPO
NII (times)98.44x11.60x
RII (times)166.74x25.51x
Total (times)132.59x18.56x

Compare with others

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Mish Designs IPO Vs Vrundavan Plantation IPO