Mish Designs Limited

Company Profile
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/

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%

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