Maitreya Medicare Limited IPO vs Mish Designs IPO

Comparision between Maitreya Medicare Limited IPO and Mish Designs IPO.

IPO Details

Maitreya Medicare Limited 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.

	Maitreya Medicare Limited 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	GYR Capital Advisors Private Limited	Aryaman Financial Services Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Market Maker	Giriraj Stock Broking Private Limited	Nikunj Stock Brokers Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Maitreya Medicare Limited IPO is up to ₹14.89 Cr whereas the issue size of the Mish Designs IPO is up to ₹9.76 Cr. The final issue price of Maitreya Medicare Limited IPO is ₹82.00 per share and of Mish Designs IPO is ₹122.00 per share.

	Maitreya Medicare Limited IPO	Mish Designs IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹78.00 per share
Issue Price (Upper)	₹82.00 per share
Issue Price (Final)	₹82.00 per share	₹122.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1000 shares
Fresh Issue Size	18,16,000 shares	8,00,000 shares
Fresh Issue Size (Amount)	up to ₹14.89 Cr	up to ₹9.76 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	18,16,000 shares	8,00,000 shares
Issue Size Total (Amount)	up to ₹14.89 Cr	up to ₹9.76 Cr

IPO Timetable

Maitreya Medicare Limited IPO opens on Oct 27, 2023, while Mish Designs IPO opens on Oct 31, 2023. The closing date of Maitreya Medicare Limited IPO and Mish Designs IPO is Nov 01, 2023, and Nov 02, 2023, respectively.

	Maitreya Medicare Limited IPO	Mish Designs IPO
Anchor Bid Date	Oct 26, 2023
Issue Open	Oct 27, 2023	Oct 31, 2023
Issue Close	Nov 01, 2023	Nov 02, 2023
Basis Of Allotment (Tentative)	Nov 06, 2023	Nov 06, 2023
Initiation of Refunds (Tentative)	Nov 07, 2023	Nov 06, 2023
Credit of Share (Tentative)	Nov 07, 2023	Nov 06, 2023
Listing date (Tentative)	Nov 07, 2023	Nov 07, 2023
Anchor Lockin End date 1	Dec 06, 2023	Dec 06, 2023
Anchor Lockin End date 2	Feb 04, 2024	Feb 04, 2024

Financials

Maitreya Medicare Limited IPO P/E ratio is 10.34, as compared to Mish Designs IPO P/E ratio of 21.75.

Maitreya Medicare Limited IPO

Mish Designs IPO

Financial

Maitreya Medicare Limited Financial Information (Restated Consolidated)

Maitreya Medicare Limited's revenue decreased by -19.69% and profit after tax (PAT) rose by 271.95% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	3,122.31	2,749.89	2,448.79	2,527.23
Revenue	2,484.51	3,994.91	4,974.41	5,704.44
Profit After Tax	254.05	422.65	113.63	424.34
Net Worth	1,118.31	864.26	471.11	386.22
Reserves and Surplus
Total Borrowing	520.21	585.12	750.25	919.05
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)

100%

95.75%

Promoter Shareholding (Post-Issue)

73.20%

68.35%

P/E Ratio

10.34

21.75

Market Cap

₹55.56 Cr.

₹34.16 Cr.

ROE

50.15%%

44%%

ROCE

42.71%%

22.20%%

Debt/Equity

1.38

EPS

₹7.93

₹5.61

RoNW

45.49%%

27.86%%

Shares Offered

In the Maitreya Medicare Limited IPO retail investors (RII) are offered 6,11,200 shares while in Mish Designs IPO retail investors are offered 6,11,200 shares. Qualified institutional buyers (QIB) are offered 3,29,600 shares in Maitreya Medicare Limited IPO and 0 shares in Mish Designs IPO.

	Maitreya Medicare Limited IPO	Mish Designs IPO
Anchor Investor Reserveration	4,94,400 shares
Market Maker Reserveration	1,08,800 shares	78,000 shares
QIB	3,29,600 shares	0 shares
NII	2,72,000 shares	3,61,000 shares
RII	6,11,200 shares	3,61,000 shares
Employee	0 shares	0 shares
Others
Total	12,12,800 shares	7,22,000 shares

Bids Received (Subscription)

Maitreya Medicare Limited IPO subscribed 446.79x in total, whereas Mish Designs IPO subscribed 135.43x.

	Maitreya Medicare Limited IPO	Mish Designs IPO
QIB (times)	85.41x
NII (times)	744.03x	98.44x
Big NII (times)
Small NII (times)
RII (times)	509.40x	166.74x
Employee (times)
Other (times)
Total (times)	446.79x	135.43x

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