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News Details

26/10/2023 11:20

Mish Designs announces launch of initial public offering

Mish Designs Ltd. has announced public offering of 800000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 112.00 per share. The gross proceeds of the issue are expected to be Rs 976.00 lakhs.

The company's initial public offer (IPO) will open on 31 October 2023 and is expected to close on 02 November 2023, subject to customary closing conditions.

The IPO includes a fresh Issue of 800000 Equity Shares of the Company at an price of Rs 122.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

Mish Designs Ltd. anticipates using the proceeds of the issue for .

Aryaman Financial Services Ltd. as lead manager & KFin Technologies Ltd. is the registrar, to the issue.