Misquita Engineering Ltd IPO

Closed

Subscription Details

  • Open Date 23 Sep
  • Close Date 25 Sep
  • Lot Size 4000
  • IPO Size ₹ 1.93 Cr
  • IPO Price Range ₹ 27
  • Min Investment ₹ 108000

Misquita Engineering Ltd IPO Timeline

Open Date
23 Sep
Close Date
25 Sep
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public Issue of upto 7,16,000 equity shares of face value of Rs.10 each (equity shares) of Misquita Engineering Limited (the company or the issuer) for cash at a price of Rs.27 per equity share including a share premium of Rs.17 per equity share (the issue price) aggregating to Rs.1.93 Crores (the issue) comprising of a fresh issue of 4,44,000 equity shares aggregating to Rs. Rs.1.20 Crores (the fresh issue) and an offer for sale of upto 2,72,000 equity shares by the promoter selling shareholder (offer for sale) aggregating to Rs. 0.73 Crores of which 36,000 equity shares of face value of Rs.10 each for cash at a price of Rs.27 per equity share including a share premium of Rs.17 per equity share aggregating to Rs.0.10 Crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. Net issue of 6,80,000 equity shares of face value of Rs.10 each at a price of Rs.27 per equity share including a share premium of Rs.17 per equity share aggregating to Rs.1.83 Crores (the net issue). The issue and the net issue will constitute 26.58% and 25.24% respectively of the post issue paid up equity share Capital of the company. The face value of the equity share is Rs.10 and the issue price of Rs.27 is 2.7 times of the face value. The Appilication must be for a minimum of 4000 equity shares and in multiples of 4000 equity shares thereafter.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Misquita Engineering Ltd IPO

Contact Information

Address

182/1 Vaiginim Vaddo,
Aldona North Goa,
Goa, Goa 403508

Misquita Engineering Ltd IPO Lead Manager

Gretex Corporate Servies Pvt Ltd
Open Demat Account