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.
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.
| | Mish Designs IPO | Shanthala FMCG Products IPO |
|---|
| 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 |
Financials & KPIs
Mish Designs IPO P/E ratio is 21.75, as compared to Shanthala FMCG Products IPO P/E ratio of 25.66.
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 IPO | Shanthala FMCG Products IPO |
|---|
| Market Maker Reservation | 78,000 shares | 88,800 shares |
| NII | 3,61,000 shares | 8,38,800 shares |
| RII | 3,61,000 shares | 8,38,800 shares |
| Total | 7,22,000 shares | 16,77,600 shares |
Bids Received (Subscription)
Mish Designs IPO subscribed 132.59x in total, whereas Shanthala FMCG Products IPO subscribed 3.90x.
