Mish Designs Limited

Company Name	Mish Designs Limited
Open Date	31-10-2023
Close Date	02-11-2023
Exchange	BSE SME
Lot Size	1000 Shares
Issue Price	₹122 per share
Issue Size	8,00,000 Equity Shares
Application Amount	₹ 1,22,000
Recommendation	Avoid

Mish Designs Limited was originally incorporated in the year 2017 and has its registered office in Maharashtra, Mumbai. The company is engaged in manufacturing garments and selling its products through digital platforms. The company is engaged in the process of fabrication of fabric into garments under the brand name “MISH”, and “CURVES BY MISH” in India. The company exports the product currently to the UAE under the brand name “ZOEY”. As of 30th June 2023, the Company has 58 employees on its payroll.

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Summary of Financials (All financials in Lakh)

For the Period Ended	Mar-21	Mar-22	Mar-23
Total Assets	251.77	423.09	711.44
Net Assets	51.96	57.33	218.07
Total Borrowings	108.06	231.36	300.01
Total Revenue	419.32	730.69	1,111.95
Profit After Tax	0.31	5.36	60.75

Tentative Timeline

Opening Date	31-10-2023
Closing Date	02-11-2023
Basis of Allotment	07-11-2023
Initiation of Refunds	08-11-2023
Credit of Shares to Demat	09-11-2023
Listing Date	10-11-2023

Objects of the Issue

Working Capital Requirements

Fund Branding and Marketing Initiatives

General Corporate Purpose

Contact Information

Registered Office	Mish Designs Limited Gala No. 4, Gulati Industries Hattibaug Love Lane Mazgaon, Mumbai City, Mumbai, 400010
Phone	+91 22- 23719478
Email	info@mishindia.com
Website	https://mishindia.com/

Offer Documents

Mish Designa Limited DRHP

Mish Designa Limited RHP

Registrar Details

Name	Kfin Technologies Limited
Phone	04067162222, 04079611000
Email	cpl.ipo@kfintech.com
Website	https://kosmic.kfintech.com/ipostatus/

IPO Reservation

Anchor Investor Shares Offered	-
Market Maker Shares Offered	78,000 (9.75%)
Other Shares Offered	361,000 (45.13%)
Retail Shares Offered	361,000 (45.13%)
Total Shares Offered	800,000 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters)	95.75%
Share Holding Post Issue (Promoters)	68.35%