“Mish Designs” represents a contemporary women’s fashion label specializing in affordable western and indo-western wear with a strong global digital presence. They have successfully sold over 2.5 lakh products through E-Commerce platforms since the Financial Year 2017-18. Mish Designs has established a robust network with prominent E-Commerce players, including Myntra, Nykaa Fashion, Ajio, Tata Cliq, and Namshi, by identifying gaps in the underserved and high-growth dedicated towards women’s western wear category.
The company is engaged in the process of fabricating fabric into garments under the brand names “Mish” and “Curves by Mish” in India. They export their products to the UAE under the brand name “Zoey.” Offering a collection of over 1000 trending designs to cater to the diverse tastes of their customers, the company provides various products in the Women’s wear segment, such as Dresses, Gowns, Tops, Co-Ords, T-shirts, Trousers, and Palazzos.
Mish Designs’ proficiency lies in understanding the specific requirements of their customers, and based on that, they design, procure fabrics, use color combinations, manufacture the garments, and make samples live to understand the taste and trends, all with an in-house design team at their manufacturing unit, which spans around 10,000 sq. ft and is supported by a team of over 54 employees. They have a dedicated team to supervise the entire manufacturing process, including the selection of interlinings produced until the dispatch of the goods to the customer’s place, to assure product quality and customer satisfaction, which remains their top priority.
The company follows an asset-light approach concerning its plant, property, and equipment, which enables it to achieve a high return on capital employed. A substantial portion of their sales is generated through E-Commerce platforms, allowing them to reach both domestic and international customers with just a click option. As a result, they do not invest in retail stores/showrooms or a distribution system. By utilizing economies of scale, Mish Designs optimizes several costs, including rental, administration, maintenance, and employee costs, thereby leading to improved profitability.
Mish Designs is currently focused on generating sales through E-commerce platforms of major players and their own website, “mishindia.com.” They have designed their website to represent trending and affordable fashion wear, providing a pleasant experience to their customers. Their business mantra, “DRESSES THAT MAKE YOU STAND OUT,” represents their vision.
Mish Designs IPO Complete Details:
Mish Designs IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP OF Mish Designs is Around 50 Rs.
Objects Of Issue:
1. Meeting the financial needs for working capital.
2. Financing branding and marketing endeavors.
3. Addressing general corporate objectives.
Promoters:
Kaushal Goenka:
- Age: 41 years
- Role: Chairperson and Managing Director (Promoter)
- Education: Completed a Bachelor of Commerce degree, from Mumbai University in 2003
- Work Experience: Has been working in the fashion and design industry for than 20 years
Sajan Bhartia:
- Age: 52 years old
- Role: Whole Time Director and Chief Financial Officer (Promoter)
- Education: Graduated from Banaras Hindu University in 1992
- Work Experience: Has over three decades of diverse business experience including more than 24 years, in the cotton and fabrics industries
FAQs:
When Mish Designs IPO is Opening?
Mish Designs IPO is Opening on 31 October 2023.
When is Mish Designs IPO Closing?
Mish Designs IPO is Closing on 02 November 2023.
What is the Issue Size of the Mish Designs IPO?
The IPO Issue Size of Mish Designs is 9.76 Crore
Price Band of Mish Designs IPO?
The price Band of Mish Designs IPO is 122 rupees per share.
What is the minimum investment for a Mish Designs IPO?
The minimum investment for the Mish Designs IPO is 122,000 Rupees.
Allotment Date of Mish Designs IPO?
The Allotment of Mish Designs IPO is on 07 November 2023.
Listing Date of Mish Designs IPO?
The Listing Of Mish Designs is Scheduled on 10 November 2023.
One Should Apply for Mish Designs IPO or Not?
will update soon
How to apply for Mish Designs IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Mish Designs IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Mish Designs IPO through the Upstox Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> FindMish Designs IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Mish Designs IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Mish Designs IPO from the list ——–> Click on Mish Designs IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is Mish Designs Lead Manager?
Aryaman Financial Services Limited is the Lead Manager of Mish Designs.
Where To Check the Allotment of Mish Designs IPO?
The allotment status for the Mish Designs IPO will be accessible on the Kfin Technologies Limited Website.
Mish Designs IPO is going to be listed at?
Mish Designs IPO is going to be listed at BSE SME.
What is the Lot Size of the Mish Designs IPO?
The lot size of the Mish Designs IPO is 1000 Shares.
What is the EPS of Mish Designs IPO?
The EPS of Mish Designs is 5.61 Rupees.
What is the P/E Ratio of Mish Designs IPO?
The P/E Ratio of Mish Designs is N/A.
What is the ROE of the Mish Designs IPO?
The ROE of Transteel Seating Technologies is 44%.
What is the ROCE of Mish Designs IPO?
The ROCE of Mish Designs is 22.20%
