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 (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 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.

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)95.7577.44
Promoter Shareholding (Post-Issue)68.3557.019
P/E Ratio21.7525.66
Market Cap₹34.16 Cr.₹60.95 Cr.
ROE44%12.38%
ROCE22.20%19%
Debt/Equity1.383.12
EPS₹5.61₹3.55
RoNW27.86%12.38%

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
Anchor Investor Reservation
Market Maker Reservation78,000 shares88,800 shares
QIB
NII3,61,000 shares8,38,800 shares
RII3,61,000 shares8,38,800 shares
Employee
Others
Total7,22,000 shares16,77,600 shares

Bids Received (Subscription)

Mish Designs IPO subscribed 135.43x in total, whereas Shanthala FMCG Products IPO subscribed 3.91x.

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Mish Designs IPO Vs Shanthala FMCG Products IPO