Baba Food Processing IPO vs Mish Designs IPO

Comparision between Baba Food Processing IPO and Mish Designs IPO.

IPO Details

Baba Food Processing IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Mish Designs IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Baba Food Processing IPO	Mish Designs IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Horizon Management Private Limited	Aryaman Financial Services Limited
Registrar	Mas Services Limited	Kfin Technologies Limited
Market Maker	Nikunj Stock Brokers Limited	Nikunj Stock Brokers Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Baba Food Processing IPO is up to ₹33.00 Cr whereas the issue size of the Mish Designs IPO is up to ₹9.76 Cr. The final issue price of Baba Food Processing IPO is ₹76.00 per share and of Mish Designs IPO is ₹122.00 per share.

	Baba Food Processing IPO	Mish Designs IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹72.00 per share
Issue Price (Upper)	₹76.00 per share
Issue Price (Final)	₹76.00 per share	₹122.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1000 shares
Fresh Issue Size	43,42,105 shares	8,00,000 shares
Fresh Issue Size (Amount)	up to ₹33.00 Cr	up to ₹9.76 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	43,42,105 shares	8,00,000 shares
Issue Size Total (Amount)	up to ₹33.00 Cr	up to ₹9.76 Cr

IPO Timetable

Baba Food Processing IPO opens on Nov 03, 2023, while Mish Designs IPO opens on Oct 31, 2023. The closing date of Baba Food Processing IPO and Mish Designs IPO is Nov 07, 2023, and Nov 02, 2023, respectively.

	Baba Food Processing IPO	Mish Designs IPO
Anchor Bid Date
Issue Open	Nov 03, 2023	Oct 31, 2023
Issue Close	Nov 07, 2023	Nov 02, 2023
Basis Of Allotment (Tentative)	Nov 10, 2023	Nov 06, 2023
Initiation of Refunds (Tentative)	Nov 13, 2023	Nov 06, 2023
Credit of Share (Tentative)	Nov 15, 2023	Nov 06, 2023
Listing date (Tentative)	Nov 15, 2023	Nov 07, 2023
Anchor Lockin End date 1	Dec 10, 2023	Dec 06, 2023
Anchor Lockin End date 2	Feb 08, 2024	Feb 04, 2024

Financials

Baba Food Processing IPO P/E ratio is , as compared to Mish Designs IPO P/E ratio of 21.75.

Baba Food Processing IPO

Mish Designs IPO

Financial

Baba Food Processing India Limited Financial Information (Restated Consolidated)

Baba Food Processing India Limited's revenue increased by 94.38% and profit after tax (PAT) rose by 150.14% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,980.33	6,811.54	5,467.80	4,583.95
Revenue	4,138.75	18,964.17	9,756.30	10,769.55
Profit After Tax	192.29	503.44	201.26	198.14
Net Worth	2,692.36	2,499.97	1,996.53	1,648.95
Reserves and Surplus	1,492.26	2,019.97	1,516.53	1,168.95
Total Borrowing	3,250.94	3,266.54	2,766.60	2,325.45
Amount in ₹ Lakhs

Mish Designs Limited Financial Information (Restated)

Mish Designs Limited's revenue increased by 52.18% and profit after tax (PAT) rose by 1033.4% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	697.71	71,145,000.00	423.10	251.78
Revenue	227.17	1,111.95	730.70	419.32
Profit After Tax	11.33	60.75	5.36	0.30
Net Worth	229.40	218.08	57.33	51.96
Reserves and Surplus	29.40	18.08	32.33	26.96
Total Borrowing	264.37	300.01	231.36	108.06
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99

95.75%

Promoter Shareholding (Post-Issue)

68.35%

P/E Ratio

21.75

Market Cap

₹124.20 Cr.

₹34.16 Cr.

ROE

20.14%%

44%%

ROCE

15.81%%

22.20%%

Debt/Equity

1.38

EPS

₹4.20

₹5.61

RoNW

20.14%%

27.86%%

Shares Offered

In the Baba Food Processing IPO retail investors (RII) are offered 28,35,200 shares while in Mish Designs IPO retail investors are offered 28,35,200 shares. Qualified institutional buyers (QIB) are offered 80,000 shares in Baba Food Processing IPO and 0 shares in Mish Designs IPO.

	Baba Food Processing IPO	Mish Designs IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,17,600 shares	78,000 shares
QIB	80,000 shares	0 shares
NII	11,93,600 shares	3,61,000 shares
RII	28,35,200 shares	3,61,000 shares
Employee	0 shares	0 shares
Others
Total	41,08,800 shares	7,22,000 shares

Bids Received (Subscription)

Baba Food Processing IPO subscribed 69.44x in total, whereas Mish Designs IPO subscribed 135.43x.

	Baba Food Processing IPO	Mish Designs IPO
QIB (times)	147.02x
NII (times)	84.73x	98.44x
Big NII (times)
Small NII (times)
RII (times)	60.82x	166.74x
Employee (times)
Other (times)
Total (times)	69.44x	135.43x

Compare with others

Baba Food Processing IPO	Mish Designs IPO
Arrowhead Seperation Engineering IPO	Sheetal Universal IPO
Kalyani Cast Tech IPO	Baba Food Processing IPO
ROX Hi-Tech IPO	Micropro Software Solutions IPO
Sunrest Lifescience IPO	SAR Televenture IPO
Sheetal Universal IPO	Vrundavan Plantation IPO
Micropro Software Solutions IPO	KK Shah Hospitals IPO
SAR Televenture IPO	Transteel Seating Technologies IPO
Vrundavan Plantation IPO	Benchmark Computer Solutions IPO
Mish Designs IPO	Maitreya Medicare Limited IPO
KK Shah Hospitals IPO	Shanthala FMCG Products IPO

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