Issue Price
₹27
Per Share
GMP
NIL
Grey Market
Est. Listing
₹27
Expected Price
Min. Application
₹216,000
2 lots × 4000 shares
Incorporated in 1998, Misquita Engineering Ltd is a manufacturer and supplier of front-loading washers. The company supplies and does job-work of the front-loading washers for washing machine makers in India.The company believes in the zero-defect product which means zero wastage, zero effect and efficient & effective use of resources.The company qualifies to work as a strategic supplier and supplies machined parts to Commscope USA. Misquita Engineering is planning to expand its building capacity and evolve new technologies to improve the process control level and automation system.The company can maintain a tolerance band of ten microns (maximum) with 5 CNC turning centres and some supporting conventional machines. Competitive StrengthsGrowing Indian economyQuality assurance & standardsA strong relationship with suppliersFully integrated manufacturing unit
Misquita Engineering Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 36,000 | — | ₹0.10 Cr | — |
| TOTAL | 716,000 | 100.00% | ₹1.93 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹108,000 |
| Retail (Max) | 13 | 52,000 | ₹1,404,000 |
| sNII (Min) | 14 | 56,000 | ₹1,512,000 |
| bNII (Min) | 68 | 272,000 | ₹7,344,000 |
| Particulars | 31-Mar-19 | 31-Mar-18 | 31-Mar-17 |
|---|---|---|---|
| Revenue from Operations | 760.70 | 677.35 | 577.26 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 42.12 | 25.26 | 15.71 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 799.91 | 739.56 | 529.55 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |