Misquita Engineering IPO

Misquita Engineering IPOMisquita Engineering description - Misquita Engineering is engaged in the manufacturing of the front-loading washers. The company is a major component supplier and job worker to a manufacturer of washing machines in the Indian market for Front Loading washers. The company is an ISO 9001:2008 certified company for the last seven years. The company has now upgraded its systems to be ISO 9001:2015 compliant.

Misquita Engineering is now planning to expand its production and building capacities for the same. The company has qualified as a Strategic Supplier for supply of Machined parts to “Commscope USA.” With 3 CNC Turning Centres presently in use, the company is able to consistently maintain the close Tolerances of up to 10 microns (0.010mm) in its components supplied. The company is actively looking at newer technologies in this respect to increase automation and better process control levels.

Misquita Engineering promoters – Mr Thomas Constance Avinash Misquita And Ms Gail Lucia Misquita
Misquita Engineering - Upcoming IPO details
Subscription Dates23 - 25 September 2019
IPO Price bandINR27 per share
Fresh issue 444,000 shares (INR1.20 crore)
Offer for sale 272,000 shares (INR0.73 crore)
Total IPO size716,000 shares (INR1.93 crore)
Minimum bid (lot size)4,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnBSE SME platform
Misquita Engineering IPO: Use of funds
  • Repayment of Loans - INR0.25 crore
  • Working Capital Requirements - INR0.50 crore
  • Issue expenses - INR0.45 crore
Misquita Engineering's financial performance (in INR lakh)
FY2017FY2018FY2019
Total revenue577.3677.4760.7
Total expenses556.3645.8712.8
Profit after tax14.928.439.1
Misquita Engineering Contact Details

Misquita Engineering Limited 
182/1, Vaiginim Vaddo, Nachinol
Aldona, North Goa
Goa-403508

Phone: +91 83088 48233
Email: [email protected]
Website: www.misquitaengg.com

Misquita Engineering IPO Subscription Details
DaySubscription (no. of times)
Day 10.08
Day 20.70
Day 31.53

 

Misquita Engineering Valuation (as of 31 March 2019)

Earnings Per Share (EPS): INR1.74

Price/Earnings (P/E) ratio: 15.54

Return on Net Worth (RONW): 10.12%

Net Asset Value (NAV): INR17.16 per share

Registrar of Misquita Engineering IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax: 
+91 22 2847 5201
Email:
 [email protected]
Website: www.bigshareonline.com

Misquita Engineering IPO Allotment Status

Misquita Engineering IPO allotment status is now available on Bigshare Services' website. Click on this link to get allotment status.

Listing performance of Misquita Engineering

IPO Opening Date: 23 September 2019

IPO Closing Date: 25 September 2019

Listing Date: 4 October 2019

Listing Price on BSE SME: INR27.85 per share (up 3.14% from IPO price)

Closing Price on BSE SME: To be updated

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