FREE Account Opening + No Clearing Fees

Mishka Exim Ltd IPO (Mishka Exim IPO) Detail

June 26, 2015 - June 30, 2015

Mishka Exim IPO is a fixed price issue of Rs 5.45 crores.

Mishka Exim IPO bidding started from June 26, 2015 and ended on June 30, 2015. The shares got listed on BSE SME on July 13, 2015.

Mishka Exim IPO price is ₹10 per share. The minimum lot size for an application is 10000 Shares. The minimum amount of investment required by retail investors is ₹100,000.

First Overseas Capital Limited is the book running lead manager of the Mishka Exim IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Mishka Exim IPO RHP for detailed information.

Mishka Exim IPO Details

IPO Date June 26, 2015 to June 30, 2015
Listing Date July 13, 2015
Face Value ₹10 per share
Price ₹10 per share
Lot Size 10000 Shares
Total Issue Size5,450,000 shares
(aggregating up to ₹5.45 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Mishka Exim IPO Lot Size

Investors can bid for a minimum of 10000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 10000 ₹100,000
Retail (Max) 2 20000 ₹200,000
Lot Size Calculator

About Mishka Exim Ltd

Incorporated in 2014, Mishka Exim Ltd is a multi-product trading company engaged in the business of trading and distribution of Jewellery, Ornaments and textiles products.

They sell gold and diamond jewellery on a wholesale basis to other jewellery retailers in India. Company's product profile includes traditional, contemporary and combination designs across jewellery lines, usages and price points. MEL is also engaged in fabric trading that includes fabrics for Silk, Polyester, Sarees, Lace, Fabrics, Netting Fabrics, Coarse Cotton Fabric, suiting, shirting, linen, jute and other fabrics. The company primarily caters to retailers in Delhi and NCR Regions, wherein they supply mid range of unstitched fabrics.

MEL currently serving the corporate and other clients from various spheres of industry. Their customers during FY 2015 in fabric sector include Deepa Trading Co. and Ishan International Pvt Ltd and their customers during FY 2015 in jewellery and ornaments sector include Happy Impex, Haryana Jewels, Amyrya Jewels amongst others.

Objects of the Issue (Mishka Exim IPO Objectives)

The objects of the Issue are:

1. To part-finance incremental working capital requirements;
2. To part-finance commercial unit siuated in Shahdara, Delhi'
3. General corporate expenses; and
4. To meet the expenses of the Issue.

Mishka Exim IPO Review (May apply)

[Dilip Davda]  

As per prospectus, for the fiscal 2014-15 the company has earned net profit of Rs. 0.02 crore on a turnover of Rs. 12.45 crore. If we attribute these earnings on fully diluted post issue equity then asking price even at par value is at a P/E of 700 plus. Thus even at par value, it is an expensive IPO.

Lead Manager has poor track record post listing for its past mandates.


DISCLAIMER: No financial information whatsoever published anywhere here should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published here. As SME issues have entry barriers and low preference from broking community, any reader taking decisions based on any information published here does so entirely at own risk. Author has no plans to invest in this offer.

Read detail review...

Mishka Exim IPO Prospectus

Mishka Exim IPO Rating

Rating:Rated 3.5 stars
Vote Here ...

Mishka Exim IPO Listing Details

Listing Date July 13, 2015
BSE Script Code 539220
NSE Symbol
ISIN INE540S01019
Final Issue Price ₹10 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

Mishka Exim Ltd Contact Details

Mishka Exim Ltd
F-102, Plot No. 10, 1st Flr
Chetan Complex Central Market,
Surajmal Vihar, Delhi-110092
Phone: +91-11-2237 1916

Mishka Exim IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Mishka Exim IPO - Buy or Not

Mishka Exim IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

SME IPO Enquiry

SME Company Owners
We could help you get listed on the stock market.

Contact us Today

Check our SME IPO Guide New

Mishka Exim IPO FAQs

Mishka Exim IPO is a SME IPO of 5,450,000 equity shares of the face value of ₹10 aggregating up to ₹5.45 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000 Shares.

The IPO opens on June 26, 2015, and closes on June 30, 2015.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Mishka Exim IPO opens on June 26, 2015 and closes on June 30, 2015.

Mishka Exim IPO lot size is 10000 Shares, and the minimum amount required is ₹100,000.

You can apply in Mishka Exim IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Mishka Exim IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Mishka Exim IPO allotment status.

The Mishka Exim IPO listing date is on July 13, 2015.
Open an Instant Account with Zerodha

Mishka Exim IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



1. DURAISWAMY |   Link |  Bookmark |June 23, 2015 8:36:57 PM