IPO

Misquita Engineering Limited IPO

BSE SME

Offer Date: Sep 23, 2019 - Sep 25, 2019

₹ 216000 /8000 Shares
*Min Investment

23 Sep, 2019

Open Date

25 Sep, 2019

Close Date

01 Oct, 2019

Allotment Date

04 Oct, 2019

Listing Date
IPO Issue Details
  • Issue Price Rs 27/- Per Equity Share 
  • Face Value Rs 10/- Per Equity Share 
  • Issue Price Total 7,16,000 Equity Shares of Rs 10/- at price of Rs 27/- with aggregating up to Rs 1.93 Cr# Fresh issue of 4,44,000 Equity Shares of Rs 10/- at price of Rs 27/- per share aggregating to Rs 1.20 Cr# Offer for Sale of 2,72,000 Equity Shares of Rs 10/- at price of Rs 27/- per share aggregating up to Rs 0.73 Cr
  • Listing at BSE SME
  • Lead Manager Gretex Corporate Services Private Limited
  • Registrar Bigshare Services Pvt Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Misquita Engineering Limited IPO is an SME IPO, priced at Rs 27/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from Sep 23, 2019 to Sep 25, 2019. The allotment is expected to be finalized on Oct 1, 2019, and the tentative listing date is Oct 4, 2019.


The registrar of the IPO is Bigshare Services Pvt Ltd, and

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IPO Subscription Analysis And Details
As onQIB / NIIRetailTotal
Shares Offered / Reserved3,40,0003,40,0006,80,000
Day 1 - 23-09-19
24,000 0.07 x36,000 0.11 x60,000 0.09 x
Day 2 - 24-09-19
4,08,000 1.20 x96,000 0.28 x5,04,000 0.74 x
Day 3 - 25-09-19
8,56,000 2.52 x2,44,000 0.72 x11,00,000 1.62 x
Day 4 - 02-07-19
N/A xN/A xN/A x
Day 5 - 03-07-19
N/A xN/A xN/A x
Valuations
Earnings Per Share (EPS) Rs 1.56/-
P/E Ratio 17.27
RoNW 8.76%
Net Asset Value ( post issue ) Rs 18.71/-
IPO - Issue Objectives
1

Prepayment/ repayment of certain debt facilities availed by the Company (Loan for shed expansion) ( Rs 0.25 Cr )

2

To Meet working capital requirement ( Rs 0.50 Cr )

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