Mish Designs IPO vs Shanthala FMCG Products IPO

Comparison between Mish Designs IPO and Shanthala FMCG Products IPO.

IPO Details

Mish Designs IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shanthala FMCG Products IPO is a SME Fixed Price proposed to list at NSE 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 Shanthala FMCG Products IPO is up to ₹15.27 Cr. The final issue price of Mish Designs IPO is ₹122.00 per share and of Shanthala FMCG Products IPO is ₹91.00 per share.

 Mish Designs IPOShanthala FMCG Products IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹122.00 per share₹91.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1000 shares1200 shares
Fresh Issue Size7,22,000 shares16,77,600 shares
Fresh Issue Size (Amount)up to ₹8.81 Crup to ₹15.27 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total7,22,000 shares16,77,600 shares
Issue Size Total (Amount)up to ₹8.81 Crup to ₹15.27 Cr

IPO Timetable

Mish Designs IPO opens on Oct 31, 2023, while Shanthala FMCG Products IPO opens on Oct 27, 2023. The closing date of Mish Designs IPO and Shanthala FMCG Products IPO is Nov 02, 2023, and Oct 31, 2023, respectively.

 Mish Designs IPOShanthala FMCG Products IPO
Issue OpenOct 31, 2023Oct 27, 2023
Issue CloseNov 02, 2023Oct 31, 2023
Basis Of Allotment (Tentative)Nov 06, 2023Nov 03, 2023
Initiation of Refunds (Tentative)Nov 06, 2023Nov 06, 2023
Credit of Share (Tentative)Nov 06, 2023Nov 07, 2023
Listing date (Tentative)Nov 07, 2023Nov 03, 2023

Financials & KPIs

Mish Designs IPO P/E ratio is 21.75, as compared to Shanthala FMCG Products IPO P/E ratio of 25.66.

 Mish Designs IPOShanthala FMCG Products 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 Aug 202331 Mar 202331 Mar 202231 Mar 2021
Assets8.276.576.165.70
Total Income15.8640.7732.5539.56
Profit After Tax0.100.180.050.14
NET Worth5.491.431.251.21
Reserves and Surplus0.560.930.750.71
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.75%77.44%
Promoter Shareholding (Post-Issue)68.39%57.02%
P/E Ratio21.7525.66
Market Cap₹34.16 Cr.₹60.95 Cr.
ROE4412.38
ROCE22.2019
Debt/Equity1.383.12
EPS₹5.61₹3.55
RoNW27.8612.38

Shares Offered

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

 Mish Designs IPOShanthala FMCG Products IPO
Market Maker Reservation78,000 shares88,800 shares
NII3,61,000 shares8,38,800 shares
RII3,61,000 shares8,38,800 shares
Total7,22,000 shares16,77,600 shares

Bids Received (Subscription)

Mish Designs IPO subscribed 132.59x in total, whereas Shanthala FMCG Products IPO subscribed 3.90x.

 Mish Designs IPOShanthala FMCG Products IPO
NII (times)98.44x4.76x
RII (times)166.74x3.05x
Total (times)132.59x3.90x

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Mish Designs IPO Vs Shanthala FMCG Products IPO