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  • By Goodwill
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  • October 28, 2023

IPO : Mish Designs Limited

Mish Designs Limited IPO

 

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 SYMBOL MISHDESIGN
 ISSUE TYPE Fixed Price Issue IPO
 ISSUE OPENS ON October 31, 2023 (Tuesday)
 ISSUE CLOSES ON November 2, 2023 (Thursday)
 ISSUE PRICE Rs.122 per share
 ISSUE SIZE Up to Rs.9.76 Crores
 FACE VALUE Rs.10 per share

Mish Designs IPO is a fixed price issue of Rs 9.76 crores. The issue is entirely a fresh issue of 8 lakh shares.

Mish Designs IPO opens for subscription on October 31, 2023 and closes on November 2, 2023. The allotment for the Mish Designs IPO is expected to be finalized on Tuesday, November 7, 2023. Mish Designs IPO will list on BSE SME with tentative listing date fixed as Friday, November 10, 2023.

Mish Designs IPO price is ₹122 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹122,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹244,000.

 MINIMUM BID 1000 shares
 MINIMUM AMOUNT  Rs.1,22,000
 MAXIMUM BID 1000 shares
 MAXIMUM AMOUNT  Rs.1,22,000
 PROMOTER HOLDING 68.35 % (Post-issue)
 LISTING DATE November 10,2023 (Friday)
 LISTING AT BSE-SME

Aryaman Financial Services Limited is the book running lead manager of the Mish Designs IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Mish Designs IPO DRHP for detailed information.

Objects of the Issue (Mish Designs IPO Objectives)

The company proposes to utilize the Net Proceeds from the issue towards funding the following objects.

1. Funding Working capital requirements;

2. To fund branding and marketing initiatives;

3. General Corporate Purpose

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