Comparison between Mish Designs IPO and Shanthala FMCG Products IPO.
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.
| Mish Designs IPO | Shanthala FMCG Products IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | First Overseas Capital Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Bhh Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
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 IPO | Shanthala FMCG Products IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹122.00 per share | ₹91.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 1200 shares |
| Fresh Issue Size | 7,22,000 shares | 16,77,600 shares |
| Fresh Issue Size (Amount) | up to ₹8.81 Cr | up to ₹15.27 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 | 7,22,000 shares | 16,77,600 shares |
| Issue Size Total (Amount) | up to ₹8.81 Cr | up to ₹15.27 Cr |
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 IPO | Shanthala FMCG Products IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Oct 31, 2023 | Oct 27, 2023 |
| Issue Close | Nov 02, 2023 | Oct 31, 2023 |
| Basis Of Allotment (Tentative) | Nov 06, 2023 | Nov 03, 2023 |
| Initiation of Refunds (Tentative) | Nov 06, 2023 | Nov 06, 2023 |
| Credit of Share (Tentative) | Nov 06, 2023 | Nov 07, 2023 |
| Listing date (Tentative) | Nov 07, 2023 | Nov 03, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Mish Designs IPO P/E ratio is 21.75, as compared to Shanthala FMCG Products IPO P/E ratio of 25.66.
| Mish Designs IPO | Shanthala FMCG Products IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Mish Designs Limited Financial Information (Restated)Mish Designs Limited's revenue increased by 52.18% and profit after tax (PAT) rose by 1033.4% between the financial year ending with March 31, 2023 and March 31, 2022.
| Shanthala FMCG Products Limited Financial Information (Restated)Shanthala FMCG Products Limited's revenue increased by 25.28% and profit after tax (PAT) rose by 292.26% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 95.75 | 77.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.35 | 57.019 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.75 | 25.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹34.16 Cr. | ₹60.95 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 44% | 12.38% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 22.20% | 19% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.38 | 3.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.61 | ₹3.55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.86% | 12.38% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 IPO | Shanthala FMCG Products IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 78,000 shares | 88,800 shares |
| QIB | ||
| NII | 3,61,000 shares | 8,38,800 shares |
| RII | 3,61,000 shares | 8,38,800 shares |
| Employee | ||
| Others | ||
| Total | 7,22,000 shares | 16,77,600 shares |
Mish Designs IPO subscribed 135.43x in total, whereas Shanthala FMCG Products IPO subscribed 3.91x.
| Mish Designs IPO | Shanthala FMCG Products IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 98.44x | 4.76x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 166.74x | 3.05x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 135.43x | 3.91x |
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