Mish Designs Limited
smelistedAbout the company
## **About Mish Designs Limited** Incorporated in 2017,"MISH” represents contemporary women's fashion labels specialising in affordable western and indo-western wear with strong global digital presence and has been able to sell over 2.5 lakhs products through E-Commerce platforms since Financial Year 2017-18. They have established a strong network with prominent E-Commerce players such as Myntra, Nykaa Fashion, Ajio and Tata Cliq. They also sell their products on other e-platform like Namshi (through third parties). The company is engaged in the process of fabrication of fabric into garments under the brand name “MISH”, “CURVES BY MISH” in India. They export their product currently to UAE under the brand name “ZOEY”. They offer collection of over 1000 trending designs to cater the diverse taste of their customer. The Company offers varieties of products in Women’s wear segment such as Dresses, Gowns, Tops, Co-Ords, T-shirts, Trousers and Palazzos. The Company’s proficiency lies in understanding the specific requirement of our customers and based on which we design, procure fabrics, use colour combinations, manufacture the garment, make live samples to understand the taste and trends Mish Designs Limited is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives 1. Funding Working capital requirements; 1. To fund branding and marketing initiatives; 1. General Corporate Purposes Here are key details about the Mish Designs Limited IPO: Company Name| **Mish Designs Limited Limited**| | Company Type| ---|---|---|---|--- Company Established On|**2017**|
Strengths
Risks
Financial performance (₹ Cr)
IPO Roadmap / Timeline
IPO Opens
Completed31 Oct 2023Bidding starts for all investor categories
IPO Closes
Completed02 Nov 2023Last day to place your bid
Basis of Allotment
Completed02 Nov 2023Share allotment finalised
Refund Initiation
Completed06 Nov 2023Refunds credited for non-allottees
Credit to Demat
Completed06 Nov 2023Allotted shares credited to demat account
Listing on Exchange
Completed07 Nov 2023Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 1000 | ₹122,000 | 1 | ₹122,000 | 1 lot only |
| HNI | 2 | 2000 | ₹244,000 | 2 | ₹244,000 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 400,000 | 4.88 | 0 | 0.00x | 100% |
| NII | 15% | 120,000 | 1.46 | 0 | 0.00x | 100% |
| Retail | 35% | 280,000 | 3.42 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
