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22 October 2019

IPO Synopsis

Misquita Engineering Ltd
Registered Office: 182/1 Vaiginim Vaddo,Aldona North Goa , Goa - 403508 , Goa , India.
Phone : 91-83088 48233   Fax:
Email :  info@misquitaengg.com  
Website :  www.misquitaengg.com
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.

Issue Money Payable On
Opens On Closes On Application Allotment
23-Sep-19 25-Sep-19 (Rs)27.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :4000

  (Rs Cr) Lead Managers to the Issue
Project Cost 1.20
Gretex Corporate Servies Pvt Ltd
Project Financed through Current Offer 1.93  
Post Issue Equity Share Capital 2.69  
Issue Price (Rs)27.00  
 
Projects
Prepayment/Repayment of certain Debt facilities availed by the company (Loan for Shed Expansion)To Meet Working Capital Requirement
Promoted By
ThomasConstanceAvinashMisquita  
Gail Lucia Misquita  
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd 
 
Toll Free number: 1800-425-5501 / 1800-103-5501
FINANCIAL TOOLS