Mish Designs Ltd - IPO

Mish Designs Ltd IPO Details

Initial public offer of 8,00,000 equity shares of Rs. 10 each (Equity Shares) of Mish Designs Limited (MISH or the Company) for cash at a price of Rs. 122 per share (the Issue Price), aggregating to Rs. 9.76 crores (The Issue), of which 78,000 equity shares of Rs. 10 each will be reserved for subscription by aggregating market maker to the issue (the Market Maker Reservation Portion). The issue less than the market maker reservation portion i.e. issue of 7,22,000 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 28.57% and 25.79% respectively of the post issue paid up equity share capital of the company.The face value of the equity share is Rs. 10 and the issue price is 12.20 times of the face value.

Objective of issue

Funding working capital requirements. To fund brading and marketing initiatives. General corporate purposes.

Mish Designs Ltd Contact Details

Mish Designs Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - info@mishindia.com

Website - www.mishindia.com