Comparison between Micropro Software Solutions IPO and Mish Designs IPO.
Micropro Software Solutions 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.
| Micropro Software Solutions IPO | Mish Designs IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Swaraj shares & securities Pvt.Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Micropro Software Solutions IPO is up to ₹29.16 Cr whereas the issue size of the Mish Designs IPO is up to ₹8.81 Cr. The final issue price of Micropro Software Solutions IPO is ₹81.00 per share and of Mish Designs IPO is ₹122.00 per share.
| Micropro Software Solutions IPO | Mish Designs IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹81.00 per share | ₹122.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1000 shares |
| Fresh Issue Size | 36,00,000 shares | 7,22,000 shares |
| Fresh Issue Size (Amount) | up to ₹29.16 Cr | up to ₹8.81 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 36,00,000 shares | 7,22,000 shares |
| Issue Size Total (Amount) | up to ₹29.16 Cr | up to ₹8.81 Cr |
Micropro Software Solutions IPO opens on Nov 03, 2023, while Mish Designs IPO opens on Oct 31, 2023. The closing date of Micropro Software Solutions IPO and Mish Designs IPO is Nov 07, 2023, and Nov 02, 2023, respectively.
| Micropro Software Solutions IPO | Mish Designs IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Nov 03, 2023 | Oct 31, 2023 |
| Issue Close | Nov 07, 2023 | Nov 02, 2023 |
| Basis Of Allotment (Tentative) | Nov 09, 2023 | Nov 06, 2023 |
| Initiation of Refunds (Tentative) | Nov 10, 2023 | Nov 06, 2023 |
| Credit of Share (Tentative) | Nov 10, 2023 | Nov 06, 2023 |
| Listing date (Tentative) | Nov 10, 2023 | Nov 07, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Micropro Software Solutions IPO P/E ratio is 0.34, as compared to Mish Designs IPO P/E ratio of 21.75.
| Micropro Software Solutions IPO | Mish Designs IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 63.40 | 95.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 46.59 | 68.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 0.34 | 21.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹116.48 Cr. | ₹34.16 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 44% | 44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 41% | 22.20% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.13 | 1.38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.78 | ₹5.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 35.93% | 27.86% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Micropro Software Solutions IPO Retail Individual Investors (RII) are offered 18,00,000 shares while in Mish Designs IPO retail investors are offered 18,00,000 shares. Qualified Institutional Buyers (QIB) are offered in Micropro Software Solutions IPO and in Mish Designs IPO.
| Micropro Software Solutions IPO | Mish Designs IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,90,400 shares | 78,000 shares |
| QIB | ||
| NII | 18,00,000 shares | 3,61,000 shares |
| RII | 18,00,000 shares | 3,61,000 shares |
| Employee | ||
| Others | ||
| Total | 36,00,000 shares | 7,22,000 shares |
Micropro Software Solutions IPO subscribed 36.88x in total, whereas Mish Designs IPO subscribed 135.43x.
| Micropro Software Solutions IPO | Mish Designs IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 22.60x | 98.44x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 49.08x | 166.74x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 36.88x | 135.43x |
