Comparison between Mish Designs IPO and Vrundavan Plantation IPO.
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.
| Mish Designs IPO | Vrundavan Plantation IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Interactive Financial Services Ltd. |
| Registrar | Kfin Technologies 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 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 IPO | Vrundavan Plantation IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹122.00 per share | ₹108.00 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 | 13,44,000 shares |
| Fresh Issue Size (Amount) | up to ₹8.81 Cr | up to ₹14.52 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 | 13,44,000 shares |
| Issue Size Total (Amount) | up to ₹8.81 Cr | up to ₹14.52 Cr |
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 IPO | Vrundavan Plantation IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Oct 31, 2023 | Oct 30, 2023 |
| Issue Close | Nov 02, 2023 | Nov 01, 2023 |
| Basis Of Allotment (Tentative) | Nov 06, 2023 | Nov 05, 2023 |
| Initiation of Refunds (Tentative) | Nov 06, 2023 | Nov 06, 2023 |
| Credit of Share (Tentative) | Nov 06, 2023 | Nov 06, 2023 |
| Listing date (Tentative) | Nov 07, 2023 | Nov 06, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Mish Designs IPO P/E ratio is 21.75, as compared to Vrundavan Plantation IPO P/E ratio of 34.62.
| Mish Designs IPO | Vrundavan Plantation IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.75 | 85.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.35 | 62.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.75 | 34.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹34.16 Cr. | ₹57.59 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 44% | 8.35% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 22.20% | 6.71% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.38 | 0.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.61 | ₹0.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.86% | 4.19% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 IPO | Vrundavan Plantation IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 78,000 shares | 72,000 shares |
| QIB | ||
| NII | 3,61,000 shares | 6,72,000 shares |
| RII | 3,61,000 shares | 6,72,000 shares |
| Employee | ||
| Others | ||
| Total | 7,22,000 shares | 13,44,000 shares |
Mish Designs IPO subscribed 135.43x in total, whereas Vrundavan Plantation IPO subscribed 18.57x.
| Mish Designs IPO | Vrundavan Plantation IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 98.44x | 11.60x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 166.74x | 25.51x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 135.43x | 18.57x |
