Mish Designs IPO vs Transteel Seating Technologies IPO

Comparison between Mish Designs IPO and Transteel Seating Technologies IPO.

IPO Details

Mish Designs IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Transteel Seating Technologies IPO is a SME Bookbuilding 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 Transteel Seating Technologies IPO is up to ₹44.98 Cr. The final issue price of Mish Designs IPO is ₹122.00 per share and of Transteel Seating Technologies IPO is ₹70.00 per share.

 Mish Designs IPOTransteel Seating Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹67.00 per share
Issue Price (Upper)₹70.00 per share
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 Size1000 shares2000 shares
Fresh Issue Size7,22,000 shares60,70,000 shares
Fresh Issue Size (Amount)up to ₹8.81 Crup to ₹42.49 Cr
OFS Issue Size0 shares3,56,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹2.49 Cr
Issue Size Total7,22,000 shares64,26,000 shares
Issue Size Total (Amount)up to ₹8.81 Crup to ₹44.98 Cr

IPO Timetable

Mish Designs IPO opens on Oct 31, 2023, while Transteel Seating Technologies IPO opens on Oct 30, 2023. The closing date of Mish Designs IPO and Transteel Seating Technologies IPO is Nov 02, 2023, and Nov 01, 2023, respectively.

 Mish Designs IPOTransteel Seating Technologies IPO
Anchor Bid DateOct 27, 2023
Issue OpenOct 31, 2023Oct 30, 2023
Issue CloseNov 02, 2023Nov 01, 2023
Basis Of Allotment (Tentative)Nov 06, 2023Nov 05, 2023
Initiation of Refunds (Tentative)Nov 06, 2023Nov 05, 2023
Credit of Share (Tentative)Nov 06, 2023Nov 05, 2023
Listing date (Tentative)Nov 07, 2023Nov 06, 2023
Anchor Lockin End date 1Dec 05, 2023
Anchor Lockin End date 2Feb 03, 2024

Financials & KPIs

Mish Designs IPO P/E ratio is 21.75, as compared to Transteel Seating Technologies IPO P/E ratio of 10.29.

 Mish Designs IPOTransteel Seating Technologies 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 Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets100.6283.4736.0925.38
Total Income31.3359.6128.0722.88
Profit After Tax4.189.091.59-0.01
NET Worth28.6124.446.304.71
Reserves and Surplus15.2123.866.064.47
Total Borrowing38.5326.9113.279.89
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.7583.75
Promoter Shareholding (Post-Issue)68.3553.83
P/E Ratio21.7510.29
Market Cap₹34.16 Cr.₹141.25 Cr.
ROE44%37.21%
ROCE22.20%36.69%
Debt/Equity1.38
EPS₹5.61₹6.80
RoNW27.86%37.21%

Shares Offered

In the Mish Designs IPO Retail Individual Investors (RII) are offered 3,61,000 shares while in Transteel Seating Technologies IPO retail investors are offered 3,61,000 shares. Qualified Institutional Buyers (QIB) are offered in Mish Designs IPO and 13,50,000 shares in Transteel Seating Technologies IPO.

 Mish Designs IPOTransteel Seating Technologies IPO
Anchor Investor Reservation18,60,000 shares
Market Maker Reservation78,000 shares7,14,000 shares
QIB13,50,000 shares
NII3,61,000 shares9,66,000 shares
RII3,61,000 shares22,50,000 shares
Employee
Others
Total7,22,000 shares64,26,000 shares

Bids Received (Subscription)

Mish Designs IPO subscribed 135.43x in total, whereas Transteel Seating Technologies IPO subscribed 49.21x.

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