Comparison between Mish Designs IPO and Sheetal Universal IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
Mish Designs IPO P/E ratio is 21.75, as compared to Sheetal Universal IPO P/E ratio of 27.34.
Shares Offered
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 |
|---|
| Market Maker Reservation | 78,000 shares | 1,72,000 shares |
| NII | 3,61,000 shares | 16,14,000 shares |
| RII | 3,61,000 shares | 16,14,000 shares |
| Total | 7,22,000 shares | 32,28,000 shares |
Bids Received (Subscription)
Mish Designs IPO subscribed 132.59x in total, whereas Sheetal Universal IPO subscribed 171.14x.
