About the Company:
Misquita Engineering (Incorporated in the year 1998) is engaged in the manufacturing of the front-loading washers.
Company is the major component supplier and job worker to a manufacturer of washing machines in the Indian market for Front Loading washers.
Company is an ISO 9001:2008 certified company for the last seven years being certified every year by TUV SUD South Asia Private Limited, a premier certification agency.
Company has been qualified as a Strategic Supplier for supply of Machined parts to “Commscope USA.”
Company’s Top 5 Customers:
- IFB Industries Ltd
- Vignesh Polymers
- Andrew Telecommunications (I) Pvt Ltd
- Varnada Industries
- Crompton Greaves Ltd.
Company’s Installed Capacity & Actual Capacity:
Management Team:
- Mr. Thomas Constance Avinash Misquita (Designation: Managing Director)
- Ms. Silvia Misquita (Designation: Whole Time Director)
Objectives of the Issue:
- Prepayment/ repayment of certain debt facilities availed by our Company (Loan for shed expansion)
- To Meet working capital requirement.
Financials of the Company:
| (in Crores) | FY 17 | FY 18 | FY 19 |
|---|---|---|---|
| Revenue | 5.77 | 6.77 | 7.60 |
| Net Profit | 0.14 | 0.28 | 0.39 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 23rd September 2019 |
| Issue Closes on:. | 25th September 2019 |
| Issue Price | Rs.27 |
| Face Value | Rs.10 |
| Minimum Lot | 4000 |
| Minimum Investment | Rs.1,08,000 |
| Issue Constitutes | 26.58% |
| Issue Size | Rs.1.93 cr |
| Market Cap | Rs.7.27 cr |
| Listing at | BSE SME |
| Equity Shares Offered | 7,16,000 |
| Equity Shares Prior to thee issue | 22,50,000 |
| Equity Shares after the issue | 26,94,000 |
IPO Valuation Parameters:
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
|---|---|---|---|
| 1.74 | 15.54 | 10.12% | 17.16 |
| Check IPO Allotment Status: |
|---|
Bigshare Website (Click on the below Link)http://www.bigshareonline.com/bssipoapplicationstatus.aspx |
| Company Contact Info: |
|---|
| Misquita Engineering Ltd 182/1, Vaiginim Vaddo, Nachinol Aldona, North Goa, 403 508, Goa, India Tel: +91-8308848233 E-mail: info@misquitaengg.com Website: http://www.misquitaengg.com |
| IPO Registrar Info: |
|---|
| BIGSHARE SERVICES PRIVATE LIMITED 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri East, Mumbai – 400 059 Tel. No.: +91 22 6263 8200; Fax No.: +91 22 6263 8299 Email: ipo@bigshareonline.com; Website: www.bigshareonline.com |
| Lead Manager to the Issue: |
|---|
| GRETEX CORPORATE SERVICES PRIVATE LIMITED Office No.13, 1st Floor, New Bansilal Building, Raja Bahadur Mansion, 9-15, Homi Modi Street, Fort, Mumbai – 400 001 Tel No.: +91 – 22 – 4002 5273; Fax No.: NA Email: info@gretexgroup.com /mb@gretexgroup.com; Website: www.gretexcorporate.com |
