Issue Price
₹122
Per Share
GMP
NIL
Grey Market
Est. Listing
₹122
Expected Price
Min. Application
₹244,000
2 lots × 1000 shares
Incorporated in November 2017, Mish Designs is engaged in processing fabrics into garments under the brand name "MISH", "CURVES BY MISH" in India. The company is currently exporting their product to United Arab Emirates under the brand name "ZOEY". The company offers a collection of over 1000 trendy designs to meet the diverse requirements of the customers. The company offers a wide range of products in the category of women's wear such as dresses, tops, co-ords, t-shirts, trousers and palazzos.The company's competitive strength lies in the following points:Online presence through multiple platforms such as Nykaa, Myntra, ajio, etc.Cost-effective production and timely order fulfilment.Experienced management team and promoters.
Mish Designs Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 78,000 | — | ₹0.95 Cr | — |
| TOTAL | 800,000 | 100.00% | ₹9.76 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹122,000 |
| Retail (Max) | 13 | 13,000 | ₹1,586,000 |
| sNII (Min) | 14 | 14,000 | ₹1,708,000 |
| bNII (Min) | 68 | 68,000 | ₹8,296,000 |
| Particulars | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 227.17 | 1111.95 | 730.70 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 11.33 | 60.75 | 5.36 |
| Net Worth | 229.40 | 218.08 | 57.33 |
| Total Assets | 697.71 | 71145000.00 | 423.10 |
| Reserves & Surplus | 29.40 | 18.08 | 32.33 |
| Total Borrowings | 264.37 | 300.01 | 231.36 |