Comparison between Mish Designs IPO and Sheetal Universal IPO.
Mish Designs IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sheetal Universal IPO is a SME Fixed Price proposed to list at NSE SME.
| Mish Designs IPO | Sheetal Universal 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. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Spread X Securities Pvt.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 Sheetal Universal IPO is up to ₹22.60 Cr. The final issue price of Mish Designs IPO is ₹122.00 per share and of Sheetal Universal IPO is ₹70.00 per share.
| Mish Designs IPO | Sheetal Universal IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹122.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 2000 shares |
| Fresh Issue Size | 7,22,000 shares | 32,28,000 shares |
| Fresh Issue Size (Amount) | up to ₹8.81 Cr | up to ₹22.60 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 | 32,28,000 shares |
| Issue Size Total (Amount) | up to ₹8.81 Cr | up to ₹22.60 Cr |
Mish Designs IPO opens on Oct 31, 2023, while Sheetal Universal IPO opens on Dec 04, 2023. The closing date of Mish Designs IPO and Sheetal Universal IPO is Nov 02, 2023, and Dec 06, 2023, respectively.
| Mish Designs IPO | Sheetal Universal IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Oct 31, 2023 | Dec 04, 2023 |
| Issue Close | Nov 02, 2023 | Dec 06, 2023 |
| Basis Of Allotment (Tentative) | Nov 06, 2023 | Dec 07, 2023 |
| Initiation of Refunds (Tentative) | Nov 06, 2023 | Dec 08, 2023 |
| Credit of Share (Tentative) | Nov 06, 2023 | Dec 08, 2023 |
| Listing date (Tentative) | Nov 07, 2023 | Dec 11, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Mish Designs IPO P/E ratio is 21.75, as compared to Sheetal Universal IPO P/E ratio of 27.34.
| Mish Designs IPO | Sheetal Universal IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.75 | 95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.35 | 66.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.75 | 27.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹34.16 Cr. | ₹80.19 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 44% | 36.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 22.20% | 21.59% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.38 | 2.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.61 | ₹2.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.86% | 30.63% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Mish Designs IPO Retail Individual Investors (RII) are offered 3,61,000 shares while in Sheetal Universal IPO retail investors are offered 3,61,000 shares. Qualified Institutional Buyers (QIB) are offered in Mish Designs IPO and in Sheetal Universal IPO.
| Mish Designs IPO | Sheetal Universal IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 78,000 shares | 1,72,000 shares |
| QIB | ||
| NII | 3,61,000 shares | 16,14,000 shares |
| RII | 3,61,000 shares | 16,14,000 shares |
| Employee | ||
| Others | ||
| Total | 7,22,000 shares | 32,28,000 shares |
Mish Designs IPO subscribed 135.43x in total, whereas Sheetal Universal IPO subscribed 179.20x.
| Mish Designs IPO | Sheetal Universal IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 98.44x | 212.55x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 166.74x | 129.73x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 135.43x | 179.20x |
