Mish Designs IPO vs SAR Televenture IPO

Comparision between Mish Designs IPO and SAR Televenture IPO.

IPO Details

Mish Designs IPO is a SME Book Built Issue IPO proposed to list at BSE SME while SAR Televenture IPO is a SME Book Built Issue proposed to list at NSE SME.

	Mish Designs IPO	SAR Televenture IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Aryaman Financial Services Limited	Pantomath Capital Advisors Pvt Ltd
Registrar	Kfin Technologies Limited	Skyline Financial Services Private Ltd
Market Maker	Nikunj Stock Brokers Limited	R.K.Stock Holding Private 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 Mish Designs IPO is up to ₹9.76 Cr whereas the issue size of the SAR Televenture IPO is up to ₹24.75 Cr. The final issue price of Mish Designs IPO is ₹122.00 per share and of SAR Televenture IPO is ₹55.00 per share.

	Mish Designs IPO	SAR Televenture IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)		₹52.00 per share
Issue Price (Upper)		₹55.00 per share
Issue Price (Final)	₹122.00 per share	₹55.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	2000 shares
Fresh Issue Size	8,00,000 shares	45,00,000 shares
Fresh Issue Size (Amount)	up to ₹9.76 Cr	up to ₹24.75 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	8,00,000 shares	45,00,000 shares
Issue Size Total (Amount)	up to ₹9.76 Cr	up to ₹24.75 Cr

IPO Timetable

Mish Designs IPO opens on Oct 31, 2023, while SAR Televenture IPO opens on Nov 01, 2023. The closing date of Mish Designs IPO and SAR Televenture IPO is Nov 02, 2023, and Nov 03, 2023, respectively.

	Mish Designs IPO	SAR Televenture IPO
Anchor Bid Date		Oct 31, 2023
Issue Open	Oct 31, 2023	Nov 01, 2023
Issue Close	Nov 02, 2023	Nov 03, 2023
Basis Of Allotment (Tentative)	Nov 06, 2023	Nov 06, 2023
Initiation of Refunds (Tentative)	Nov 06, 2023	Nov 07, 2023
Credit of Share (Tentative)	Nov 06, 2023	Nov 07, 2023
Listing date (Tentative)	Nov 07, 2023	Nov 08, 2023
Anchor Lockin End date 1	Dec 06, 2023	Dec 06, 2023
Anchor Lockin End date 2	Feb 04, 2024	Feb 04, 2024

Financials

Mish Designs IPO P/E ratio is 21.75, as compared to SAR Televenture IPO P/E ratio of 0.6.

Mish Designs IPO

SAR Televenture IPO

Financial

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

SAR Televenture Limited Financial Information (Restated Consolidated)

SAR Televenture Limited's revenue increased by 584.05% and profit after tax (PAT) rose by 10367.92% 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	4,324.77	2,420.77	410.83	144.82
Revenue	1,735.35	3,251.63	475.35	90.71
Profit After Tax	192.38	388.36	3.71	-2.71
Net Worth	3,324.40	1,178.72	-7.74	-11.57
Reserves and Surplus	3,114.40	1,113.42	-11.91	-15.62
Total Borrowing	752.18	839.01	337.09	136.87
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

95.75%

87.80%

Promoter Shareholding (Post-Issue)

68.35%

P/E Ratio

21.75

0.6

Market Cap

₹34.16 Cr.

₹82.50 Cr.

ROE

44%%

ROCE

22.20%%

Debt/Equity

1.38

0.65

EPS

₹5.61

₹91.08

RoNW

27.86%%

32.95%%

Shares Offered

In the Mish Designs IPO retail investors (RII) are offered 3,61,000 shares while in SAR Televenture IPO retail investors are offered 3,61,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Mish Designs IPO and 8,48,000 shares in SAR Televenture IPO.

	Mish Designs IPO	SAR Televenture IPO
Anchor Investor Reserveration		12,78,000 shares
Market Maker Reserveration	78,000 shares	2,30,000 shares
QIB	0 shares	8,48,000 shares
NII	3,61,000 shares	6,50,000 shares
RII	3,61,000 shares	15,00,000 shares
Employee	0 shares	0 shares
Others
Total	7,22,000 shares	29,98,000 shares

Bids Received (Subscription)

Mish Designs IPO subscribed 135.43x in total, whereas SAR Televenture IPO subscribed 288.09x.

	Mish Designs IPO	SAR Televenture IPO
QIB (times)		77.00x
NII (times)	98.44x	715.77x
Big NII (times)
Small NII (times)
RII (times)	166.74x	222.10x
Employee (times)
Other (times)
Total (times)	135.43x	288.09x

Compare with others

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

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